XML 30 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income including noncontrolling interests $ 6,889us-gaap_ProfitLoss $ 1,063us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by (used in) operating activities-    
Amortization of identifiable intangible assets 1,831us-gaap_AmortizationOfIntangibleAssets 1,604us-gaap_AmortizationOfIntangibleAssets
Depreciation expense 3,792us-gaap_Depreciation 3,050us-gaap_Depreciation
Bad debt expense 211us-gaap_ProvisionForDoubtfulAccounts 33us-gaap_ProvisionForDoubtfulAccounts
Deferred tax benefit (1,241)us-gaap_DeferredIncomeTaxExpenseBenefit (1,622)us-gaap_DeferredIncomeTaxExpenseBenefit
Amortization of debt financing costs 93us-gaap_AmortizationOfFinancingCosts 65us-gaap_AmortizationOfFinancingCosts
Gain on sale of assets (176)us-gaap_GainLossOnSaleOfPropertyPlantEquipment (133)us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Changes in the fair value of contingent earn-out obligations   (130)us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Stock-based compensation expense 1,388us-gaap_ShareBasedCompensation 1,431us-gaap_ShareBasedCompensation
(Increase) decrease in-    
Receivables, net 2,854us-gaap_IncreaseDecreaseInAccountsReceivable 7,330us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (1,263)us-gaap_IncreaseDecreaseInInventories (393)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets 735us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 824us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Costs and estimated earnings in excess of billings (3,592)us-gaap_IncreaseDecreaseInUnbilledReceivables (4,443)us-gaap_IncreaseDecreaseInUnbilledReceivables
Other noncurrent assets 278us-gaap_IncreaseDecreaseInOtherOperatingAssets 182us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase (decrease) in-    
Accounts payable and accrued liabilities 3,721us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (11,169)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Billings in excess of costs and estimated earnings 4,817us-gaap_IncreaseDecreaseInBillingInExcessOfCostOfEarnings (6,181)us-gaap_IncreaseDecreaseInBillingInExcessOfCostOfEarnings
Other long-term liabilities 78us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (295)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by (used in) operating activities 20,415us-gaap_NetCashProvidedByUsedInOperatingActivities (8,784)us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (3,623)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (3,882)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sales of property and equipment 206us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 217us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Cash paid for acquisitions, net of cash acquired (5,350)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (4,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Net cash used in investing activities (8,767)us-gaap_NetCashProvidedByUsedInInvestingActivities (7,665)us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving line of credit 14,500us-gaap_ProceedsFromLongTermLinesOfCredit 18,000us-gaap_ProceedsFromLongTermLinesOfCredit
Payment on revolving line of credit (17,000)us-gaap_RepaymentsOfLongTermLinesOfCredit (11,000)us-gaap_RepaymentsOfLongTermLinesOfCredit
Payments on capital lease obligations (84)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations  
Payments of dividends to shareholders (2,237)us-gaap_PaymentsOfDividendsCommonStock (2,067)us-gaap_PaymentsOfDividendsCommonStock
Share repurchase program   (416)us-gaap_PaymentsForRepurchaseOfCommonStock
Excess tax benefit of stock-based compensation 90us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities (14)us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Proceeds from exercise of options 297us-gaap_ProceedsFromStockOptionsExercised 542us-gaap_ProceedsFromStockOptionsExercised
Distributions to noncontrolling interests (41)us-gaap_PaymentsToMinorityShareholders  
Payments for contingent consideration arrangements (345)fix_PaymentOfContingentAcquisition  
Net cash provided by (used in) financing activities (4,820)us-gaap_NetCashProvidedByUsedInFinancingActivities 5,045us-gaap_NetCashProvidedByUsedInFinancingActivities
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 6,828us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (11,404)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS, beginning of period 32,064us-gaap_CashAndCashEquivalentsAtCarryingValue 52,054us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS, end of period $ 38,892us-gaap_CashAndCashEquivalentsAtCarryingValue $ 40,650us-gaap_CashAndCashEquivalentsAtCarryingValue