XML 34 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities    
Net income $ 9,261 $ 23,417
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 30,258 24,459
Share-based compensation expense 6,190 5,742
Excess tax benefits derived from share-based compensation awards (1,709) (319)
Deferred Taxes (3,644) (4,157)
Unrealized gain on derivative instruments included in net income (2,052) (3,468)
Change in fair value of contingent consideration 0 3,677
Effect of exchange rate changes on monetary assets and liabilities denominated in non-functional currency (7,793) (10,112)
Other non-cash items 887 541
Gain on proceeds from insurance (1,587) 0
Changes in operating assets and liabilities excluding the effect of business acquisitions:    
Accounts receivable (5,943) (2,566)
Inventory (1,710) (497)
Prepaid expenses and other assets 3,157 16,787
Accounts payable 10,520 6,452
Accrued expenses and other liabilities (10,118) (7,336)
Net cash provided by operating activities 25,717 52,620
Investing activities    
Purchases of property, plant and equipment (24,393) (16,684)
Business acquisitions, net of cash acquired (22,815) (25,907)
Purchases of intangible assets (357) (85)
Capitalization of software and website development costs (4,910) (3,539)
Proceeds from insurance 2,075 0
Net cash used in investing activities (50,400) (46,215)
Financing activities    
Proceeds from borrowings of debt 214,999 100,000
Payments of debt (73,318) (103,012)
Payments of withholding taxes in connection with equity awards (2,741) (1,511)
Payments of capital lease obligations (2,183) (1,261)
Excess tax benefits derived from share-based compensation awards 1,709 319
Purchase of ordinary shares (127,793) 0
Proceeds from issuance of ordinary shares 282 845
Capital contribution from noncontrolling interest 5,141 0
Other financing (85) 0
Net cash provided by (used in) financing activities 16,011 (4,620)
Effect of exchange rate changes on cash (1,096) (3,372)
Net decrease in cash and cash equivalents (9,768) (1,587)
Cash and cash equivalents 93,816 60,921
Cash and cash equivalents at end of period 93,816 60,921
Supplemental Cash Flow Information    
Interest 2,994 3,271
Income taxes 4,709 5,296
Capitalization of construction costs related to financing lease obligation 13,688 12,966
Property and equipment acquired under capital leases 2,393 3,201
Amounts due for acquisition of businesses $ 19,292 $ 23,632