| Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||||||||
Consolidated net income | |||||||||||||||
43,712 | 45,808 | 34,798 | -17,032 | -8,135 | 86,816 | 28,474 | -41,031 | 86,046 | 45,652 | 82,459 | -205,196 | 26,845 | 23,346 | 15,142 | 19,126 |
Depreciation | |||||||||||||||
18,147 | 21,430 | 21,235 | 22,874 | 22,855 | 22,337 | 21,690 | 21,313 | 21,764 | 22,770 | 22,172 | 23,871 | 17,537 | 17,306 | 17,053 | 19,884 |
Amortization of acquired intangible assets | |||||||||||||||
91,938 | 90,181 | 92,360 | 116,595 | 102,455 | 91,983 | 92,672 | 95,306 | 102,647 | 90,521 | 111,541 | 99,766 | 57,606 | 58,283 | 57,849 | 57,852 |
Amortization of deferred financing fees and debt discount | |||||||||||||||
1,191 | 1,198 | 1,207 | 1,215 | 2,339 | 1,730 | 1,988 | 1,903 | 1,915 | 1,926 | 1,935 | 1,929 | 1,671 | 1,682 | 4,112 | 2,181 |
Deferred income taxes | |||||||||||||||
-10,447 | -12,288 | -32,750 | -13,327 | -37,925 | 983 | -16,740 | -20,783 | -53,600 | -15,481 | -42,424 | -36,913 | -9,552 | 21,759 | 11,399 | -18,188 |
Foreign currency remeasurement of deferred taxes | |||||||||||||||
-1,007 | 509 | -3,676 | 3,697 | -810 | 2,979 | 4,060 | 3,131 | - | - | - | - | - | - | - | - |
Stock-based compensation expense | |||||||||||||||
22,146 | 20,328 | 23,503 | 19,256 | 18,706 | 21,111 | 22,325 | 19,415 | 15,997 | 17,875 | 11,901 | 14,276 | 17,662 | 16,289 | 16,293 | 13,974 |
Impairment of goodwill | |||||||||||||||
- | 0 | 0 | 3,400 | - | - | - | - | - | - | - | - | - | - | - | - |
Provision for non-cash warrants | |||||||||||||||
- | - | - | - | - | 3,064 | 2,658 | 2,423 | - | - | - | - | - | - | - | - |
Provision (recovery) for doubtful accounts | |||||||||||||||
-25 | -145 | 0 | -292 | -7 | -311 | -69 | -179 | 246 | 86 | 209 | 845 | 744 | 4 | 1,982 | 267 |
(Gain) loss on disposal of property, plant & equipment and other | |||||||||||||||
12,535 | -1,539 | -66 | -156 | -1,187 | -4,286 | -1,298 | -292 | -3,828 | -949 | -3,945 | 16 | -1,718 | -36 | -145 | -5,877 |
Loss on investments and other | |||||||||||||||
-2,099 | 1,400 | 844 | -662 | -2,088 | -839 | -3,609 | -4,530 | -7,788 | -5,058 | -6,389 | -1,959 | - | - | - | -1,709 |
Excess income tax benefits from stock-based compensation plans | |||||||||||||||
- | - | - | - | - | - | - | - | 16,525 | 1,206 | 0 | 2,354 | 3,643 | -12,488 | -3,595 | 16,437 |
Changes in operating assets and liabilities, net of effect of acquisitions and dispositions: | |||||||||||||||
Accounts receivable | |||||||||||||||
107,774 | -64,774 | 188,543 | -209,405 | 129,282 | 62,808 | -75,723 | -292,297 | 256,788 | 50,922 | 81,428 | -130,461 | 4,911 | -138,139 | -33,222 | 221,582 |
Other receivables | |||||||||||||||
-12,754 | 43,055 | 22,386 | 11,836 | 12,187 | 12,916 | 75,288 | -15,739 | 27,737 | -10,242 | 23,285 | -9,263 | 7,973 | -2,584 | -3,786 | 4,414 |
Unbilled receivables | |||||||||||||||
- | - | - | 26,005 | - | - | - | - | - | - | - | - | - | - | - | - |
Inventories | |||||||||||||||
22,755 | -85,150 | -43,817 | 24,397 | 1,849 | 115,892 | 103,689 | 3,152 | -51,515 | -49,392 | -15,560 | -166,177 | 34,056 | -15,762 | 17,177 | -28,786 |
Accounts payable and accrued liabilities | |||||||||||||||
174,745 | -45,327 | 123,764 | -228,234 | -82,449 | 95,556 | 181,521 | -144,640 | 69,859 | 79,639 | 208,067 | -535,651 | 8,937 | -22,050 | -27,772 | 55,950 |
Prepaids and other, net | |||||||||||||||
-16,573 | 7,712 | 15,219 | -39,776 | 1,684 | 24,023 | -5,628 | -3,496 | -29,120 | -22,955 | 62,860 | -109,048 | -55,145 | 81,180 | 49,183 | 8,248 |
Net cash provided by operating activities | |||||||||||||||
228,762 | 220,990 | 103,337 | 95,913 | -77,843 | 115,734 | 245,860 | 250,060 | 35,984 | 288,967 | 260,764 | -222,535 | 407,891 | -72,612 | 71,856 | -63,263 |
Purchases of investments | |||||||||||||||
0 | 27,145 | 10,809 | 26,500 | 243 | 6,000 | 6,371 | 55,879 | 71,688 | 47,607 | 17,470 | 4,778 | 8,952 | 8,511 | 20,040 | 11,063 |
Sales of investments | |||||||||||||||
33,835 | 34,089 | 549 | 11,000 | 10,000 | 5,000 | 58,416 | 91,885 | 22,605 | 885 | 348 | 2,093 | 100,399 | 31,810 | 19,446 | 10,169 |
Purchases of property, plant and equipment | |||||||||||||||
17,995 | 16,975 | 13,450 | 15,196 | 15,683 | 19,489 | 21,033 | 21,867 | 26,114 | 16,894 | 14,612 | 9,140 | 12,192 | 13,377 | 13,402 | 10,919 |
Proceeds from sale of property, plant and equipment | |||||||||||||||
24,425 | 20,000 | 20,000 | 10,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of intangible assets | |||||||||||||||
- | - | - | - | - | - | - | - | 2,216 | 0 | 2,000 | 1,310 | 2,000 | 3,000 | 0 | 34,340 |
Proceeds from sale-leaseback transaction | |||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 24,960 |
Acquisition, net of cash acquired | |||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 340,118 | - | - | - | - |
Other, net | |||||||||||||||
-9,181 | 0 | 0 | -171 | - | 0 | 0 | -826 | 2,932 | 0 | -575 | -2,932 | 0 | -67 | 0 | -2,904 |
Net cash provided by (used in) investing activities | |||||||||||||||
58,260 | 9,969 | -4,133 | -20,525 | -766,728 | -26,489 | 30,590 | 14,965 | -77,413 | -63,616 | -33,159 | -350,321 | -27,657 | 111,901 | -111,901 | -18,289 |
Financing activities: | |||||||||||||||
Proceeds from issuance of shares, net | |||||||||||||||
10,980 | 188 | 8,996 | 22 | 8,846 | 70 | 8,530 | 23 | 8,570 | 152 | 6,879 | -2,716 | 8,173 | 12 | 7,983 | 21 |
Repurchase of shares | |||||||||||||||
21,457 | 220,378 | 86,244 | 25,000 | 50,000 | 20,000 | 43,855 | 83,110 | 0 | 28,032 | 0 | 150,003 | 0 | 0 | 0 | 24,999 |
Excess income tax benefits from stock-based compensation plans | |||||||||||||||
- | - | - | - | - | - | - | - | 16,525 | 1,206 | 0 | 2,354 | 3,643 | -12,488 | -3,595 | 16,437 |
Repurchase of shares to satisfy employee minimum tax withholdings | |||||||||||||||
3,864 | 5,938 | 3 | 13,976 | 214 | 12,477 | 128 | 13,754 | 163 | 3,569 | 148 | 14,045 | 14,228 | 7,466 | 3,792 | 21,194 |
Proceeds from issuance of debt | |||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 800,000 | - | - | - | - |
Payment of debt obligations | |||||||||||||||
21,875 | 21,875 | 21,875 | 21,875 | 145,033 | 23,737 | 52,864 | 22,375 | 22,375 | 22,375 | 22,375 | 252,625 | 12,375 | 12,375 | 15,000 | 13,750 |
Payment of financing lease obligation | |||||||||||||||
230 | 226 | 224 | 190 | 187 | 185 | 201 | 204 | 201 | 243 | 150 | 164 | - | - | - | - |
Proceeds from sale-leaseback financing transaction | |||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 58,729 |
Payment for account receivable financing facility | |||||||||||||||
- | - | - | - | - | - | - | - | 0 | 11,504 | 0 | 12,042 | - | - | - | - |
Payment for deferred financing fees and debt discount | |||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 2,304 | - | - | - | - |
Contribution from noncontrolling interest | |||||||||||||||
0 | 0 | 1,050 | 1,207 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash (used in) provided by financing activities | |||||||||||||||
-36,446 | -248,229 | -98,300 | -59,812 | -45,554 | -56,329 | -56,166 | -119,420 | 2,356 | -64,365 | -15,794 | 368,455 | -16,134 | -30,746 | 31,502 | 15,244 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | |||||||||||||||
-3,503 | -1,368 | -6,440 | 3,791 | -2,197 | 794 | -450 | 597 | - | - | - | - | - | - | - | - |
Net (decrease) increase in cash, cash equivalents and restricted cash | |||||||||||||||
247,073 | -18,638 | -5,536 | 19,367 | -892,322 | 33,710 | 219,834 | 146,202 | -51,170 | 160,986 | 211,811 | -204,401 | 364,100 | 8,543 | -8,543 | -66,308 |