XML 15 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (4,545) $ (2,265)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 4,866 4,986
Amortization 9,058 8,272
Stock-based compensation 1,955 2,489
Deferred income taxes (4,266) (2,942)
Loss on early extinguishment of debt 0 254
Increase (decrease) in cash flows from changes in assets and liabilities, net of acquired assets:    
Accounts receivable 10,242 11,428
Inventories (3,374) (1,239)
Accounts payable 5,202 (11,109)
Accrued compensation and benefits (8,665) (7,519)
Other assets (8,157) (17,143)
Other liabilities 12,982 (1,770)
Total operating 19,843 (14,293)
Net cash provided by (used in) operating activities 15,298 (16,558)
Cash flows from investing activities:    
Purchases of property, plant and equipment (2,584) (2,789)
Payments related to business acquisitions, net of cash acquired 0 (256,424)
Net cash used in investing activities (2,584) (259,213)
Cash flows from financing activities:    
Payments on term loan (2,188) (2,188)
Proceeds from term loan 0 175,000
Proceeds from revolving line of credit 38,000 137,000
Payments on revolving line of credit (36,000) (58,995)
Payments related to distribution agreement 0 (16,667)
Payments related to debt issuance costs 0 (5,556)
Dividends paid on common stock (5,566) (5,542)
Other, net (512) (612)
Net cash provided by (used in) financing activities (6,266) 222,440
Effect of exchange rate changes on cash and cash equivalents 784 721
Net increase (decrease) in cash and cash equivalents 7,232 (52,610)
Cash and cash equivalents at beginning of period 27,428 72,504
Cash and cash equivalents at end of period 34,660 19,894
Non-cash financing activities:    
Dividends payable $ 5,573 $ 5,546