XML 17 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income (loss) $ (16,905) $ 3,306
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 142,295 136,129
Goodwill impairment charge 0 31,992
Allowance for doubtful accounts 3,228 4,536
Amortization of deferred financing costs and debt discount 1,772 1,639
Accretion of environmental liabilities 5,053 5,218
Changes in environmental liability estimates (315) 887
Deferred income taxes (6,521) (908)
Stock-based compensation 4,739 6,146
Excess tax benefit of stock-based compensation (2) (102)
Net tax deficiency on stock based awards (603) (72)
Other expense 1,049 251
Environmental expenditures (6,454) (11,532)
Changes in assets and liabilities, net of acquisitions    
Accounts receivable and unbilled accounts receivable 993 (133,031)
Inventories and supplies (1,113) 17,694
Other current assets (4,789) (816)
Accounts payable (8,397) 108,639
Other current and long-term liabilities 6,021 23,839
Net cash from operating activities 120,051 193,815
Cash flows used in investing activities:    
Additions to property, plant and equipment (123,529) (124,145)
Proceeds from sales of fixed assets 2,668 2,646
Acquisitions, net of cash acquired (58,989) (79,610)
Additions to intangible assets, including costs to obtain or renew permits (973) (3,088)
Purchases of available-for-sale securities (598) 0
Net cash used in investing activities (181,421) (204,197)
Cash flows from (used in) financing activities:    
Change in uncashed checks (11,022) (22,160)
Proceeds from exercise of stock options 184 397
Issuance of restricted shares, net of shares remitted (1,879) (1,837)
Repurchases of common stock (10,134) (32,203)
Deferred financing costs paid (2,614) 0
Payments on capital leases 0 (471)
Excess tax benefit of stock-based compensation 2 102
Issuance of senior secured notes, including premium 250,625 0
Net cash from (used in) financing activities 225,162 (56,172)
Effect of exchange rate change on cash 4,423 (6,704)
Increase (decrease) in cash and cash equivalents 168,215 (73,258)
Cash and cash equivalents, beginning of period 184,708 246,879
Cash and cash equivalents, end of period 352,923 173,621
Cash payments for interest and income taxes:    
Interest paid 44,275 37,411
Income taxes paid 23,872 3,068
Non-cash investing and financing activities:    
Property, plant and equipment accrued 24,187 34,799
Receivable for estimated purchase price adjustment $ 0 $ 2,518