| 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 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||||||||||
Net income | |||||||||||||||||
39,193 | 34,790 | 45,997 | 36,550 | 29,555 | 26,949 | 32,699 | 34,199 | 42,558 | 27,189 | 20,857 | 27,465 | 18,935 | 17,382 | 15,572 | 20,645 | 14,007 | 8,572 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||
(Gain) loss on sale of fixed assets and assets held for sale | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -10 | -7 |
Depreciation, Depletion and Amortization | |||||||||||||||||
18,478 | 18,730 | 18,286 | 17,760 | 18,280 | 18,021 | 17,635 | 16,192 | 15,853 | 17,210 | 14,485 | 13,341 | 13,273 | 13,628 | 14,953 | 13,322 | 13,249 | 13,493 |
Amortization of debt issuance costs and original issue discount | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 850 | 909 |
Deferred income taxes | |||||||||||||||||
-2,052 | 3,088 | -2,678 | 2,983 | 205 | -1,306 | -4,654 | -687 | 1,667 | -5,334 | 2,686 | 249 | -1,640 | -357 | -395 | -4,069 | 2,471 | 4,549 |
Loss on extinguishment of debt | |||||||||||||||||
- | - | - | - | - | - | 0 | - | - | - | 0 | 0 | 0 | -9,805 | 0 | 0 | 1,661 | 0 |
Provision for losses on accounts receivable and inventory | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,436 | -343 |
Stock-based compensation | |||||||||||||||||
4,523 | 3,123 | 2,862 | 4,120 | 1,834 | 2,982 | 4,836 | 3,494 | 2,770 | 3,564 | 3,420 | 3,064 | 3,584 | 2,720 | 4,230 | 4,854 | 9,998 | 2,045 |
Amortization of right-of-use assets | |||||||||||||||||
3,757 | 3,627 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other adjustments to net income | |||||||||||||||||
-183 | 2,855 | -5,795 | 811 | 845 | 2,201 | -2,619 | 31 | 3,052 | 1,559 | 3,353 | 379 | -4,667 | 1,831 | -4,916 | 5,374 | 0 | -648 |
Changes in operating assets and liabilities, net of effects from acquisitions | |||||||||||||||||
Accounts receivable | |||||||||||||||||
17,382 | -25,139 | -10,216 | -649 | 26,950 | -22,111 | 4,259 | 16,524 | 43,603 | -19,967 | -3,036 | 11,210 | 37,228 | -31,957 | - | - | - | - |
Inventories | |||||||||||||||||
5,079 | 17,640 | -3,970 | 3,508 | -4,277 | -4,263 | 18,490 | 6,347 | 6,295 | 5,396 | -7,185 | -7,477 | 6,348 | 18,615 | - | - | - | - |
Accounts payable | |||||||||||||||||
-3,958 | -14,898 | -10,763 | 7,917 | 11,270 | -30,405 | 2,247 | 30,614 | 7,117 | -8,311 | - | - | - | - | - | - | - | - |
Other, net | |||||||||||||||||
44,746 | 6,641 | -29,669 | -10,108 | 36,804 | 4,539 | 13,355 | -7,226 | -7,896 | 1,508 | -20,852 | 2,997 | -7,019 | 26,182 | - | - | - | - |
Changes in operating assets and liabilities | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,148 | -23,361 |
Net cash provided by operating activities | |||||||||||||||||
-2,889 | 52,173 | 89,515 | 77,390 | 2,512 | 40,277 | 25,125 | 67,360 | 4,278 | 48,940 | 55,871 | 40,686 | -7,072 | 32,169 | 71,628 | 2,861 | 30,212 | 51,945 |
Investing activities: | |||||||||||||||||
Capital expenditures | |||||||||||||||||
7,330 | 9,809 | 13,249 | 6,899 | 7,837 | 6,875 | 12,187 | 9,141 | 8,938 | 8,235 | 9,838 | 6,910 | 4,410 | 3,964 | 3,334 | 4,482 | 4,351 | 4,663 |
Proceeds from sale of properties, plant and equipment | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14 |
Proceeds from divestiture of business | |||||||||||||||||
- | - | - | - | - | - | 0 | 42,631 | - | - | -3,024 | 0 | 0 | 3,024 | 2,400 | 0 | 0 | 0 |
Acquisition of businesses, net of cash acquired | |||||||||||||||||
0 | 0 | 14,614 | 25,486 | 0 | 57,899 | 117 | 0 | 3,350 | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of an investment | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 458 |
Other, net | |||||||||||||||||
-15 | -15 | 128 | 0 | 43 | 151 | -27 | -6 | -685 | -784 | -14 | -39 | -21 | -14 | 388 | -17 | -503 | 0 |
Net cash used in investing activities | |||||||||||||||||
-7,315 | -9,794 | -27,911 | -32,385 | -7,880 | -64,925 | -11,928 | -8,504 | 30,397 | -7,451 | -174,041 | -26,477 | -4,389 | -926 | 81 | -4,465 | -4,320 | -4,191 |
Financing activities: | |||||||||||||||||
Borrowings under credit facility | |||||||||||||||||
- | - | - | - | - | - | 49,000 | 0 | 105,000 | 204,000 | 97,000 | 0 | 0 | 0 | - | - | - | - |
Repayments under credit facility | |||||||||||||||||
- | - | - | - | - | - | 49,000 | 0 | 147,000 | 247,000 | 12,000 | 0 | 0 | 0 | - | - | - | - |
Repayments of short-term debt | |||||||||||||||||
- | - | - | - | - | - | 2,300 | 2,300 | 2,300 | 1,250 | 0 | 0 | 0 | 4,200 | 0 | 617 | 687 | 315 |
Issuance of long-term debt | |||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 426,217 | - | 0 | 0 | 0 | 498,750 | 0 | 0 | 0 | 0 |
Repayments of long-term debt | |||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 1,217 | - | 1,250 | 1,250 | 1,250 | 637,350 | 2,100 | 1,050 | 17,975 | 1,050 |
Issuance of common stock | |||||||||||||||||
601 | -2,981 | 2,142 | 3,941 | 1,986 | -695 | 9,236 | 5,575 | 1,985 | 3,314 | 99 | 4,904 | 2,485 | 4,680 | 0 | 0 | 26 | 26 |
Repurchase of common stock | |||||||||||||||||
15,011 | 0 | 0 | 0 | 0 | 24,419 | 1,618 | 28,352 | 375,124 | 6,681 | 13,938 | 0 | 0 | 0 | - | - | - | - |
Payments for debt financing costs and fees | |||||||||||||||||
- | - | - | - | - | - | 154 | 34 | 5,767 | - | 0 | 31 | 50 | 4,294 | 0 | 0 | 0 | 0 |
Other, net | |||||||||||||||||
30 | -60 | -50 | 572 | -615 | -62 | -47 | -36 | -30 | -48 | -50 | -15 | 0 | 0 | -141 | -27 | 3 | -1 |
Net cash used for financing activities | |||||||||||||||||
-14,380 | -3,041 | -37,908 | 4,513 | -19,609 | -25,176 | 5,117 | -25,147 | 1,764 | -47,665 | 69,861 | 3,608 | 1,185 | -142,414 | -2,241 | -1,694 | -18,633 | -1,340 |
Effects of foreign exchange rate changes on cash and cash equivalents | |||||||||||||||||
-2,349 | 1,382 | -1,015 | -282 | 556 | -919 | -1,171 | -1,082 | 692 | 219 | -2,173 | 452 | 234 | -1,135 | -298 | -70 | 8 | 198 |
Increase (decrease) in cash and cash equivalents | |||||||||||||||||
-26,933 | 40,720 | 22,681 | 49,236 | -24,421 | -50,743 | 17,143 | 32,627 | 37,131 | -5,957 | -50,482 | 18,269 | -10,042 | -112,306 | 69,170 | -3,368 | 7,267 | 46,612 |
Supplementary Cash Flow information | |||||||||||||||||
Capital expenditures, not yet paid | |||||||||||||||||
95 | 618 | 2,952 | 141 | -480 | 1,106 | 553 | -171 | -81 | 615 | 1,240 | -499 | 416 | 173 | 119 | -4 | 358 | 52 |