XML 31 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net earnings (loss) attributable to Blyth, Inc. $ 2,596 $ 7,479
Net earnings attributable to noncontrolling interests (857) (3,713)
Earnings from discontinued operations, net of tax 0 (280)
Earnings from continuing operations 3,453 10,912
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,120 2,541
Gain on sale of assets (36) (340)
Stock-based compensation expense 707 925
Deferred income taxes 500 (5,816)
Changes in operating assets and liabilities:    
Accounts receivable (2,310) (1,660)
Inventories 6,436 (11,186)
Prepaid and other (1,218) (2,866)
Other long-term assets 49 (1,712)
Accounts payable (3,406) (13,050)
Accrued expenses (3,361) 11,214
Income taxes payable 160 1,272
Other liabilities and other (4,625) 5,731
Net cash used in operating activities of continuing operations (531) (4,035)
Net cash used in operating activities of discontinued operations 0 (388)
Net cash used in operating activities (531) (4,423)
Cash flows from investing activities:    
Purchases of property, plant and equipment, net of disposals (7,191) (2,561)
Proceeds from Collection of Notes Receivable 10,000 0
Purchases of short-term investments (4,430) (29,555)
Proceeds from sale of short-term investments 7,465 11,901
Proceeds from sale of long-term investments 105 1,491
Net cash provided by (used in) investing activities 5,949 (18,724)
Cash flows from financing activities:    
Purchases of treasury stock (9,961) 0
Repayments on long-term debt (152) (641)
Purchases of additional ViSalus interest (25,341) (22,500)
Payments on capital lease obligations (35) (24)
Distributions to noncontrolling interest (45) (45)
Net cash used in financing activities (35,534) (23,210)
Effect of exchange rate changes on cash (1,889) 1,844
Net decrease in cash and cash equivalents (32,005) (44,513)
Cash and cash equivalents at beginning of period 129,056 200,571
Cash and cash equivalents at end of period 97,051 156,058
Non-cash transactions:    
Stock issued for ViSalus acquisition $ 0 $ 14,628