| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | ||||||||||
Net (Loss) Income | ||||||||||
52,017 | 46,803 | 19,679 | 48,424 | 66,974 | 56,170 | 27,266 | 21,874 | 21,591 | 14,948 | -3,802 |
Adjustments to Reconcile Net (Loss) Income to Cash Flows from Operating Activities, Excluding the Effects of Divestitures: | ||||||||||
Depreciation and Amortization | ||||||||||
33,049 | 35,032 | 27,063 | 25,790 | 25,309 | 27,254 | 11,059 | 6,905 | 4,943 | 4,881 | 7,342 |
Provisions for Non-Cash Losses on Inventory and Receivables | ||||||||||
16,947 | 3,271 | 2,973 | 2,404 | 3,187 | 1,959 | 216 | 1,632 | 802 | 1,134 | 1,014 |
Equity-based Compensation Expense | ||||||||||
3,843 | 3,098 | 2,598 | 2,281 | 2,274 | 1,730 | 1,384 | 1,351 | 1,061 | 884 | 773 |
Deferred Tax Expense (Benefit) | ||||||||||
-14,385 | -2,680 | -5,494 | -4,756 | -252 | -4,677 | -722 | -1,544 | 423 | 1,385 | -7,914 |
Operating Lease Expense | ||||||||||
4,208 | - | - | - | - | - | - | - | - | - | - |
Gain on Sale of Business, Before Taxes | ||||||||||
78,801 | 0 | 0 | - | - | - | - | - | - | - | - |
Accrued Litigation Claim | ||||||||||
-19,619 | -1,000 | 0 | - | - | - | - | - | - | - | - |
Restructuring Activities | ||||||||||
6,539 | 0 | 0 | - | - | - | - | - | - | - | - |
Equity Investment Other Than Temporary Impairment | ||||||||||
5,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Impairment Loss | ||||||||||
11,083 | 0 | 16,237 | 0 | 0 | - | - | - | 2,500 | - | 19,381 |
Non-cash Adjustment to Contingent Consideration | ||||||||||
- | - | - | - | -1,751 | -4,971 | -39 | 9 | - | - | - |
Fair Value Adjustment to Contingent Note Payable | ||||||||||
- | - | - | - | - | - | - | - | - | - | 1,000 |
Other | ||||||||||
-1,610 | 668 | 937 | -165 | 294 | -268 | 578 | -154 | 220 | -67 | 109 |
Cash Flows from Changes in Operating Assets and Liabilities, Excluding the Effects of Divestitures: | ||||||||||
Accounts Receivable | ||||||||||
-34,083 | 47,291 | 9,844 | 14,622 | 729 | 18,850 | -3,493 | 8,097 | 3,042 | 290 | -12,407 |
Inventories | ||||||||||
12,711 | 14,695 | 18,116 | 2,671 | 2,537 | -25,732 | 5,222 | 9,330 | 883 | 6,891 | -6,185 |
Prepaid Expenses and Other Current Assets | ||||||||||
1,160 | -464 | 2,132 | -108 | 799 | 2,806 | -380 | -335 | -291 | 650 | -220 |
Accounts Payable | ||||||||||
-16,617 | 9,171 | 10,439 | -2,000 | -2,168 | -8,005 | 5,831 | -537 | -349 | 3,156 | -6,061 |
Accrued Expenses | ||||||||||
-10,737 | 8,177 | -702 | -174 | 3,738 | 6,826 | 3,559 | 3,365 | 638 | 318 | 943 |
Customer Advanced Payments and Deferred Revenue | ||||||||||
-11,919 | 15,735 | -4,918 | -15,539 | -7,485 | 22,055 | -547 | 6,490 | 1,943 | -1,099 | -285 |
Income Taxes | ||||||||||
3,371 | -4,460 | -376 | 7,926 | -9,266 | -4,084 | 2,271 | 669 | -404 | -347 | 859 |
Operating Lease Liabilities | ||||||||||
-3,840 | - | - | - | - | - | - | - | - | - | - |
Billings in Excess of Recoverable Costs and Accrued Profits on Uncompleted Contracts | ||||||||||
- | - | - | - | - | - | - | -76 | -1,255 | -660 | 900 |
Supplemental Retirement and Other Liabilities | ||||||||||
1,490 | 1,924 | 1,313 | 1,518 | 2,300 | 1,273 | 1,198 | 978 | -131 | -333 | 235 |
Cash Flows from Operating Activities | ||||||||||
42,689 | 54,881 | 37,783 | 48,854 | 78,501 | 99,874 | 49,549 | 24,178 | 27,908 | 16,503 | 31,088 |
Cash Flows from Investing Activities: | ||||||||||
Acquisitions of Businesses, Net of Cash Acquired | ||||||||||
28,907 | 0 | 114,039 | 0 | 52,276 | 68,201 | 159,761 | 10,659 | 23,926 | - | 40,655 |
Proceeds on Sale of Business | ||||||||||
104,877 | 0 | 0 | - | - | - | - | - | - | - | - |
Capital Expenditures | ||||||||||
12,083 | 16,317 | 13,478 | 13,037 | 18,641 | 40,882 | 6,868 | 16,720 | 14,281 | 3,568 | 2,466 |
Proceeds From Sale of Fixed Assets | ||||||||||
- | - | - | - | - | - | - | - | - | - | 425 |
Other Investing Activities | ||||||||||
-743 | 3,350 | 2,044 | 1,585 | 2,669 | 37 | 81 | - | -75 | 46 | 6 |
Cash Flows from Investing Activities | ||||||||||
64,630 | -19,667 | -129,561 | -14,622 | -73,586 | -109,120 | -166,710 | -27,379 | -38,132 | -3,614 | -42,702 |
Cash Flows from Financing Activities: | ||||||||||
Proceeds from Long-term Debt | ||||||||||
117,000 | 35,015 | 147,086 | 20,000 | 55,000 | 245,894 | 190,000 | - | - | - | 40,000 |
Payments for Long-term Debt | ||||||||||
156,107 | 72,834 | 23,720 | 41,835 | 67,694 | 275,544 | 19,498 | 10,307 | 5,302 | 6,245 | 14,965 |
Purchase of Outstanding Shares for Treasury | ||||||||||
50,784 | 0 | 32,382 | 17,618 | 0 | 0 | - | - | - | - | - |
Use of (Unexpended) Industrial Revenue Bond Proceeds | ||||||||||
- | - | - | - | - | - | - | - | - | - | 136 |
Stock Options Activity | ||||||||||
- | - | - | 3,813 | 2,996 | 1,848 | 1,922 | 1,714 | 2,266 | 1,092 | 16 |
Proceeds from Note Payable | ||||||||||
- | - | - | - | - | - | - | 10,000 | - | - | 4,176 |
Payments on Note Payable | ||||||||||
- | - | - | - | - | - | 7,000 | 3,000 | - | - | 4,176 |
Debt Acquisition Costs | ||||||||||
0 | 516 | 0 | 0 | - | 573 | 2,288 | - | 143 | - | 1,682 |
Stock Options Activity | ||||||||||
-545 | 2,201 | 441 | - | - | - | - | - | - | - | - |
Finance Lease Principal Payments | ||||||||||
1,746 | - | - | - | - | - | - | - | - | - | - |
Excess Tax Benefit from Exercise of Stock Options | ||||||||||
- | - | - | 834 | 2,973 | 5,262 | 1,198 | 1,252 | 1,614 | 22 | 15 |
Cash Flows from Financing Activities | ||||||||||
-92,182 | -36,134 | 91,425 | -34,806 | -6,725 | -23,113 | 164,334 | -341 | -1,565 | -5,131 | 23,520 |
Effect of Exchange Rates on Cash | ||||||||||
147 | -372 | 366 | -86 | -826 | -1,079 | 82 | 3 | -1 | 2 | 5 |
Increase (Decrease) in Cash and Cash Equivalents | ||||||||||
15,284 | -1,292 | 13 | -660 | -2,636 | -33,438 | 47,255 | -3,539 | -11,790 | 7,760 | 11,911 |
Supplemental Cash Flow Information: | ||||||||||
Interest Paid | ||||||||||
5,707 | 9,710 | 4,775 | 4,536 | 4,734 | 7,816 | 3,543 | 1,068 | 1,900 | 2,604 | 2,335 |
Subordinated Debt Issued For Acquisition | ||||||||||
- | - | - | - | - | - | - | - | - | - | 6,000 |
Treasury Stock Issued For Acquisition | ||||||||||
- | - | - | - | - | - | - | - | - | - | 3,585 |
Income Taxes Paid, Net of Refunds | ||||||||||
27,343 | 12,218 | 10,777 | 15,898 | 32,990 | 26,619 | 8,025 | 9,330 | 5,785 | 5,812 | 3,125 |
Value of Shares Issued as Consideration for Acquisition | ||||||||||
- | - | - | - | - | - | 13,473 | - | - | - | - |