XML 55 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities    
Net income $ 31,028 $ 13,850
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,959 14,031
Deferred income taxes 8,521 6,371
Income (loss) from discontinued operations (14,002) 814
Restructuring charges 1,576 1,493
Asset Impairment Charges 884 0
Gains on dispositions of property and other assets (391) (196)
Share-based compensation expense 1,503 2,367
Excess tax benefit from share-based compensation arrangements (41) (389)
Other non-cash items, net 3,271 2,739
Change in operating assets and liabilities (excluding the impact of acquisitions):    
Receivables (32,150) (21,851)
Inventories (12,025) 4,389
Accounts payable 25,115 327
Restructuring liabilities (3,001) (2,341)
Accrued compensation 1,971 (11,130)
Customer deposits 13,470 (8,922)
Income taxes payable 889 415
Other assets and liabilities, net (12,412) (9,702)
Net cash provided by (used in) operating activities 28,165 (7,735)
Cash flows from investing activities    
Proceeds from possessory interest—discontinued operations 25,000 0
Proceeds from dispositions of property and other assets 417 433
Capital expenditures (13,404) (15,705)
Acquisition of business, net of cash acquired 0 (647)
Net cash provided by (used in) investing activities 12,013 (15,919)
Cash flows from financing activities    
Dividends paid on common stock (34,534) (4,066)
Payments on debt and capital lease obligations (25,476) (690)
Proceeds from borrowings 25,000 0
Common stock purchased for treasury (11,610) (1,252)
Excess tax benefit from share-based compensation arrangements 41 389
Proceeds from exercise of stock options 1,155 540
Net cash used in financing activities (45,424) (5,079)
Effect of exchange rate changes on cash and cash equivalents (344) (2,296)
Net change in cash and cash equivalents (5,590) (31,029)
Cash and cash equivalents, beginning of year 45,821 114,171
Cash and cash equivalents, end of year 40,231 83,142
Supplemental disclosure of cash flow information    
Cash paid for income taxes 5,025 4,299
Cash paid for interest 501 510
Property and equipment acquired under capital leases 253 462
Property and equipment purchases in accounts payable and accrued liabilities $ 2,396 $ 4,441