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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 62,542 $ 9,517 $ 28,620
Adjustments to reconcile net income to net cash provided by operating acitivites:      
Depreciation 16,494 18,044 18,688
Amortization of Debt Discount 10,217 9,692 8,302
Amortization of Deferred Debt Issuance Costs 3,726 3,723 3,454
Amortization 54,249 54,581 53,635
Stock-based compensation 16,335 13,111 11,779
Impairment charges 0 0 312
Deferred income taxes 3,005 (14,234) (6,310)
Loss on early extinguishment of debt 899 0 300
Increase (decrease) in cash flows from changes in assets and liabilities, net of acquired assets      
Accounts receivable (9,159) 13,920 (13,943)
Inventories (37,806) (30,397) (117)
Accounts payable 4,890 (2,977) 38
Income taxes (1,675) (1,644) (1,867)
Accrued compensation and benefits 11,067 (4,123) 9,957
Other assets (24,005) (8,170) (22,263)
Other liabilities 991 3,488 4,548
Net cash provided by operating activities 111,770 64,531 95,133
Cash flows from investing activities:      
Purchases of property, plant and equipment (14,866) (13,013) (20,066)
Payments related to business acquisitions and asset acquisitions, net of cash acquired 0 (3,852) (367,596)
Proceeds from Sale of Property Held-for-sale 0 3,227 0
Net cash used in investing activities (14,866) (13,638) (387,662)
Cash flows from financing activities:      
Payments on term loan (66,654) (13,250) (154,312)
Proceeds from term loan 52,411 0 265,000
Payments on revolving line of credit (393,753) (212,000) (484,000)
Proceeds from revolving line of credit 326,753 199,000 392,000
Proceeds from Convertible Debt 0 0 345,000
Payments on mortgage notes 0 0 (836)
Payments Related to Contingent Consideration (6,222) (2,671) (6,466)
Payments related to debt issuance costs (2,000) (3,153) (16,210)
Dividends paid on common stock (23,256) (22,818) (22,600)
Purchase of Convertible Notes Hedges 0 0 (51,198)
Proceeds from Issuance of Warrants 0 0 30,567
Other, net 11,173 2,833 3,936
Net cash provided by (used in) financing activities (101,548) (52,059) 300,881
Effect of exchange rate changes on cash and cash equivalents (1,865) 2,666 (7)
Net increase (decrease) in cash and cash equivalents (6,509) 1,500 8,345
Cash and cash equivalents at beginning of year 27,356 25,856 17,511
Cash and cash equivalents at end of year 20,847 27,356 25,856
Non-cash investing and financing activities:      
Contractual obligations from asset acquisition 0 0 5,639
Dividends payable 5,874 5,775 5,684
Cash paid during the year for:      
Interest Paid, Excluding Capitalized Interest, Operating Activities 21,797 30,448 27,274
Income taxes $ 8,559 $ 9,120 $ 10,576