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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES:    
Net income $ 9,173 $ 6,109
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 5,063 4,542
Amortization, including accretion of deferred financing costs 1,472 822
Deferred income taxes 2,082 320
Earnings of equity method investee (180) (143)
Loss on sale of fixed assets   (67)
Share-based compensation expense 2,339 960
Tax benefit related to share-based compensation expense (681)  
Changes in operating assets and liabilities:    
Accounts receivable, net (18,648) (15,456)
Inventories, net (2,445) (5,658)
Prepaid expenses and other assets (4,760) (2,977)
Accounts payable 15,734 13,932
Accrued expenses and other liabilities 661 (1,252)
Net cash provided by operating activities 9,810 1,132
INVESTING ACTIVITIES:    
Capital expenditures (7,265) (6,817)
Proceeds from sale of fixed assets   81
Business acquisition, net of cash acquired (77,538)  
Net cash used for investing activities (84,803) (6,736)
FINANCING ACTIVITIES:    
Revolving credit facility borrowings 81,000  
Revolving credit facility payment (7,000)  
Proceeds from issuance of debt 886 2,922
Repayments of debt (4,135) (2,816)
Other financing costs (47)  
Repurchase of Common Shares to satisfy employee tax withholding (1,820) (1,344)
Net cash provided by (used for) financing activities 68,884 (1,238)
Effect of exchange rate changes on cash and cash equivalents 629 854
Net change in cash and cash equivalents (5,480) (5,988)
Cash and cash equivalents at beginning of period 50,389 54,361
Cash and cash equivalents at end of period 44,909 48,373
Supplemental disclosure of cash flow information:    
Cash paid for interest 1,450 1,391
Cash paid for income taxes, net $ 1,252 549
Supplemental disclosure of non-cash operating and financing activities:    
Bank payment of vendor payables under short-term debt obligations   $ 704