CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
Jun. 30, 2018	Jun. 30, 2017
OPERATING ACTIVITIES:
Net income	$ 28,500	$ 18,092
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	11,535	10,538
Amortization, including accretion of deferred financing costs	3,503	3,200
Deferred income taxes	1,765	5,450
Earnings of equity method investee	(1,186)	(735)
Gain on sale of fixed assets	(18)	(4)
Share-based compensation expense	2,838	4,065
Tax benefit related to share-based compensation expense	(879)	(758)
Change in fair value of contingent consideration	1,417	2,347
Changes in operating assets and liabilities, net of effect of business combination:
Accounts receivable, net	(11,594)	(13,494)
Inventories, net	(10,610)	(6,739)
Prepaid expenses and other assets	(8,417)	(4,174)
Accounts payable	8,678	11,675
Accrued expenses and other liabilities	3,379	(2,442)
Net cash provided by operating activities	28,911	27,021
INVESTING ACTIVITIES:
Capital expenditures	(16,845)	(15,167)
Proceeds from sale of fixed assets	41	20
Insurance proceeds for fixed assets	1,403
Business acquisition, net of cash acquired		(77,538)
Net cash used for investing activities	(15,401)	(92,685)
FINANCING ACTIVITIES:
Acquisition of noncontrolling interest, including transaction costs		(1,796)
Revolving credit facility borrowings	26,500	84,000
Revolving credit facility payment	(37,500)	(19,000)
Proceeds from issuance of debt	273	1,901
Repayments of debt	(2,459)	(6,174)
Other financing costs		(61)
Repurchase of Common Shares to satisfy employee tax withholding	(4,242)	(2,207)
Net cash provided by (used for) financing activities	(17,428)	56,663
Effect of exchange rate changes on cash and cash equivalents	(3,120)	2,832
Net change in cash and cash equivalents	(7,038)	(6,169)
Cash and cash equivalents at beginning of period	66,003	50,389
Cash and cash equivalents at end of period	58,965	44,220
Supplemental disclosure of cash flow information:
Cash paid for interest	2,679	2,755
Cash paid for income taxes, net	$ 7,967	$ 3,424

The aggregate expense charged against earnings to allocate the cost of intangible assets including deferred financing costs (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. Also included in this amount is the accretion of the debt discount and the deferred financing costs which are a component of interest expense representing the periodic charge against earnings to reflect amortization of debt discounts and deferred financing costs over the life of the related debt instrument. As a noncash expense, this element is added back to net income when calculating cash provided by (used in) operations using the indirect method.

No definition available.