| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash provided (required) by operating activities: | ||||||||||||
Net income (loss) | ||||||||||||
-600,433 | 52,960 | 78,264 | 93,341 | 88,935 | 93,191 | 130,980 | 124,169 | 121,127 | 110,519 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided (required) by operating activities: | ||||||||||||
Depreciation | ||||||||||||
68,499 | 68,600 | 70,902 | 71,662 | 72,702 | 72,600 | 69,781 | 67,425 | 63,031 | 59,200 | 0 | 0 | 0 |
Amortization | ||||||||||||
51,399 | 51,381 | 51,533 | 51,435 | 52,080 | 51,892 | 52,374 | 53,204 | 52,945 | 53,701 | 0 | 0 | 0 |
Stock-based compensation | ||||||||||||
10,394 | 10,250 | 9,791 | 9,035 | 7,150 | 5,375 | 3,603 | 2,465 | 2,145 | 2,236 | 0 | 0 | 0 |
Impairment of held-for-sale assets | ||||||||||||
- | - | - | - | - | - | - | 0 | 0 | - | - | - | - |
Loss (gain) on sale of fixed assets | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | 934 | 0 | 0 | 0 |
Loss on goodwill and long-lived asset impairment | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Provision for losses on accounts receivable | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Amortization of deferred loan costs and accretion of discount | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - | 0 | 0 | 0 |
Deferred income taxes | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Employee benefit plan expense | ||||||||||||
1,496 | 1,883 | 1,834 | 2,633 | 3,266 | 3,340 | 0 | 0 | 0 | - | - | - | - |
Other | ||||||||||||
3,704 | 3,464 | -3,884 | 1,312 | 1,568 | 1,885 | 5,683 | -4,326 | -5,399 | -6,142 | 0 | 0 | 0 |
Changes in operating assets and liabilities (net of effects of foreign exchange): | ||||||||||||
Receivables | ||||||||||||
-26,468 | -25,948 | -36,373 | 7,997 | 37,250 | 55,378 | 78,903 | 70,385 | 69,681 | 61,573 | 0 | 0 | 0 |
Inventories | ||||||||||||
-24,988 | -19,065 | 7,414 | 27,282 | 29,651 | 40,018 | 6,712 | 15,100 | 13,194 | 13,808 | 0 | 0 | 0 |
Prepaid expenses and other current assets | ||||||||||||
10,709 | 10,742 | 15,852 | -7,053 | -2,102 | 3,750 | 4,863 | 8,829 | 5,408 | 5,116 | 0 | 0 | 0 |
Accounts payable | ||||||||||||
-9,298 | -20,526 | -2,915 | 7,526 | 22,781 | 40,393 | 21,653 | 37,238 | 22,040 | 31,827 | 0 | 0 | 0 |
Accrued compensation and employee benefits | ||||||||||||
-5,573 | -6,358 | -5,825 | 1,003 | 4,912 | 8,454 | 11,279 | 2,404 | 1,604 | 5,616 | 0 | 0 | 0 |
Accrued expenses and other liabilities | ||||||||||||
4,983 | 4,406 | 2,674 | -10,513 | 19,216 | 12,095 | 20,617 | 21,203 | 2,681 | -165 | 0 | 0 | 0 |
Leased assets | ||||||||||||
28,171 | 40,700 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Other | ||||||||||||
3,617 | -337 | 4,278 | 5,961 | -9,134 | 5,268 | -15,824 | -11,849 | 14,394 | 3,582 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||||||
165,211 | 155,899 | 194,259 | 164,488 | 176,245 | 163,900 | 127,876 | 109,151 | 64,217 | 76,050 | 0 | 0 | 0 |
Cash provided (required) by investing activities: | ||||||||||||
Capital expenditures | ||||||||||||
37,529 | 39,780 | 46,624 | 51,668 | 54,785 | 57,918 | 50,092 | 49,647 | 43,245 | 36,654 | 0 | 0 | 0 |
Proceeds from sale of fixed assets | ||||||||||||
2,844 | 4,598 | 3,171 | 3,600 | 3,457 | 1,187 | 1,901 | 1,308 | 3,074 | 3,547 | 0 | 0 | 0 |
Purchase price adjustments on acquisition | ||||||||||||
- | - | - | - | - | -53 | 0 | 0 | 0 | - | - | 0 | 0 |
Net cash required by investing activities | ||||||||||||
-49,379 | -49,876 | -55,674 | -47,789 | -48,855 | -54,205 | -56,980 | -57,128 | -48,960 | -41,949 | 0 | 0 | 0 |
Cash provided (required) by financing activities: | ||||||||||||
Payment of debt issue costs | ||||||||||||
1,284 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Repayment of long-term debt | ||||||||||||
116,500 | 141,500 | 136,500 | 99,000 | 70,000 | 45,000 | 0 | 0 | 0 | - | - | - | - |
Distributions to Dover Corporation, net | ||||||||||||
- | - | - | - | - | -736,557 | 0 | 0 | 0 | - | - | - | - |
Distributions to Dover Corporation | ||||||||||||
- | - | - | - | - | -736,557 | -740,829 | -732,228 | -18,087 | -31,192 | 0 | 0 | 0 |
Payment of finance lease obligations | ||||||||||||
5,813 | 5,555 | 5,452 | 5,132 | 4,702 | 4,518 | 0 | 0 | 0 | - | - | - | - |
Payments related to taxes withheld on stock-based compensation | ||||||||||||
2,216 | 1,848 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net transfers to Parent | ||||||||||||
- | - | - | - | - | -736,557 | 0 | 0 | 0 | - | - | - | - |
Net cash required by financing activities | ||||||||||||
-89,313 | -112,403 | -114,993 | -122,517 | -115,208 | -90,838 | -73,055 | -43,201 | -24,638 | -36,693 | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||||
-1,237 | -162 | -979 | -679 | -950 | -737 | -3,274 | -719 | -59 | 277 | 0 | 0 | 0 |
Net decrease in cash and cash equivalents | ||||||||||||
25,282 | -6,542 | 22,613 | -6,497 | 11,232 | 18,120 | -5,433 | 8,103 | -9,440 | -2,315 | 0 | 0 | 0 |