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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities      
Net income $ 23,523 $ 49,395 $ 58,184
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 58,964 56,842 55,114
Deferred income taxes (10,398) 5,350 26,049
(Income) loss from discontinued operations 81 (1,481) 268
Restructuring charges 8,380 1,587 1,004
Legal settlement 8,500    
Impairment charges (recoveries) 5,346 (35) (29,098)
(Gains) losses on dispositions of property and other assets (1,475) 473 1,420
Share-based compensation expense 7,190 4,870 10,969
Multi-employer pension plan withdrawal 15,693    
Other non-cash items, net 3,791 4,306 5,029
Change in operating assets and liabilities (excluding the impact of acquisitions):      
Receivables (16,959) (6,200) (2,338)
Inventories (328) (1,573) 121
Current contract costs (6,333) (4,976) 2,544
Accounts payable 9,726 (1,645) 7,546
Restructuring liabilities (6,047) (1,716) (1,954)
Accrued compensation 6,853 (12,818) (5,152)
Contract liabilities 16,796 3,677 (11,314)
Payments on operating lease obligations (28,146)    
Income taxes payable 195 (7,696) 5,820
Other assets and liabilities, net 12,788 2,235 (11,989)
Net cash provided by operating activities 108,140 90,595 112,223
Cash flows from investing activities      
Capital expenditures (76,147) (83,345) (56,621)
Proceeds from insurance     31,570
Cash paid for acquisitions, net (90,992) (4,628) (1,501)
Proceeds from dispositions of property and other assets 1,583 925 947
Net cash used in investing activities (165,556) (87,048) (25,605)
Cash flows from financing activities      
Proceeds from borrowings 200,473 146,580 90,004
Payments on debt and finance lease obligations (115,708) (128,211) (135,801)
Dividends paid on common stock (8,094) (8,154) (8,160)
Distributions to noncontrolling interest (407)    
Debt issuance costs (39) (1,823) (5)
Payment of payroll taxes on stock-based compensation through shares withheld or repurchased (3,046) (1,209) (2,119)
Common stock purchased for treasury   (17,174)  
Proceeds from exercise of stock options 293 84  
Net cash provided by (used in) financing activities 73,472 (9,907) (56,081)
Effect of exchange rate changes on cash and cash equivalents 1,050 (2,470) 2,286
Net change in cash and cash equivalents 17,106 (8,830) 32,823
Cash and cash equivalents, beginning of year 44,893 53,723 20,900
Cash and cash equivalents, end of year $ 61,999 $ 44,893 $ 53,723