XML 29 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities [Abstract]    
Net income $ 9,412 $ 9,607
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]    
Non-cash compensation expense 2,141 95
Receivables and inventory allowance 55 (178)
Depreciation 1,127 838
Amortization of intangible assets 3,883 3,883
Gain on sale-leaseback transaction (8) (8)
Amortization of deferred financing costs 1,583 115
Change in fair value of derivative 28 0
Deferred income taxes (328) 0
Gain on sale of equipment (5) 0
Change in operating assets and liabilities [Abstract]    
Accounts receivable (1,338) 1,340
Inventories (5,781) (4,189)
Prepaid expenses and other assets (1,044) (224)
Accounts payable and accrued expenses 4,521 6,078
Net cash provided by operating activities 14,246 17,357
Investing activities [Abstract]    
Purchases of property and equipment (3,828) (1,334)
Net cash used in investing activities (3,828) (1,334)
Financing activities [Abstract]    
Principal payments on long-term borrowings (88,575) (23,606)
Proceeds from long-term borrowings 65,000 28,500
Payment of deferred financing costs (1,052) (664)
Proceeds from Issuance Initial Public Offering 99,512 0
Purchase of units from existing LLC Unit holders (29,762) 0
Payments of costs directly associated with initial public offering (1,550) 0
Distributions to members (64,627) (21,124)
Net cash used in financing activities (21,054) (16,894)
Changes in cash (10,636) (871)
Cash—Beginning of period 15,957 14,797
Cash—End of period 5,321 13,926
Supplemental cash flow information:    
Cash paid for interest 1,400 512
Non-cash financing activities:    
Initial establishment of deferred tax assets 18,634 0
Initial establishment of amounts payable under tax receivable agreements 13,636 0
Exchange of LLC Units held by selling shareholders for Class A Common Stock upon merger of entities in Recapitalization $ 47,766 $ 0