| Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Net income (loss) | ||||||||
-100,095 | -7,051 | -171,102 | 15,342 | -115,873 | 28,806 | -247,734 | 52,862 | 34,503 |
Adjustments to reconcile net income (loss) to net cash provided by (used for) continuing operating activities | ||||||||
Intangibles amortization | ||||||||
7,494 | 9,339 | 10,311 | 10,549 | 12,024 | 13,737 | 18,459 | 18,222 | 22,923 |
Depreciation | ||||||||
9,460 | 9,382 | 8,562 | 6,978 | 6,187 | 5,386 | - | - | - |
Loss (gain) on sale of property | ||||||||
1,410 | 981 | -16 | 143 | -92 | 105 | 253 | 71 | -13 |
Deferred taxes | ||||||||
48,603 | 1,367 | -26,144 | 4,656 | - | 4,144 | -18,398 | 8,456 | 648 |
Deferred taxes | ||||||||
- | - | - | - | 8,672 | - | - | - | - |
Stock compensation expense | ||||||||
3,511 | 4,610 | 5,065 | 6,009 | 6,589 | 7,712 | 9,296 | 10,270 | 6,775 |
Change in fair value of interest-rate swaps | ||||||||
0 | 0 | 399 | 1,147 | 832 | -606 | 530 | 2,968 | 65 |
Asset impairment loss | ||||||||
11,174 | 536 | 192,186 | 0 | 154,429 | - | - | - | - |
Joint venture investment loss | ||||||||
- | - | - | 0 | -822 | -2,670 | 0 | 0 | - |
Provision for obsolete inventory | ||||||||
1,155 | 10,659 | 7,735 | 2,260 | 2,522 | - | - | - | - |
Provision for (recovery of) doubtful accounts | ||||||||
1,162 | 1,375 | 3,819 | 1,638 | 4,324 | - | - | - | - |
Goodwill impairment loss | ||||||||
- | - | - | - | - | 0 | 317,797 | 0 | 0 |
Changes in operating assets and liabilities (net of effects of discontinued operations) | ||||||||
Accounts receivable | ||||||||
-15,157 | -8,126 | -7,819 | 108 | 7,409 | -10,047 | -135 | 10,393 | -21,780 |
Inventories | ||||||||
672 | -6,322 | -4,048 | 5,745 | -996 | -1,231 | 3,540 | -459 | -5,709 |
Costs/estimated earnings in excess of billings on uncompleted contracts | ||||||||
10,031 | 5,538 | -12,682 | -9,892 | -11,767 | 13,928 | -19,133 | 17,537 | 12,815 |
All other assets | ||||||||
-717 | 1,723 | 280 | 14,152 | 778 | 3,217 | 2,822 | 1,468 | -4,024 |
Accounts payable | ||||||||
-10,772 | 12,489 | -7,568 | 1,786 | -1,360 | -4,859 | - | - | - |
Billings in excess of costs/estimated earnings on uncompleted contracts | ||||||||
-1,929 | -3,853 | 4,035 | 580 | 2,543 | -908 | -6,603 | 2,146 | -4,641 |
All other liabilities | ||||||||
-20,130 | -5,129 | -13,583 | 8,103 | -11,025 | -4,621 | -19,119 | -5,113 | -16,906 |
Net cash provided by (used for) continuing operating activities | ||||||||
-46,606 | 39,930 | 37,202 | 46,498 | 56,346 | 46,701 | 65,821 | 54,865 | 61,948 |
Investing Activities | ||||||||
Capital expenditures | ||||||||
4,450 | 7,167 | 10,477 | 8,515 | 7,338 | 6,323 | 7,633 | 5,149 | 2,300 |
Capital disposals | ||||||||
1,657 | 3,737 | 162 | 208 | 16 | 389 | 280 | 119 | 156 |
Acquisition of businesses (payments)/recoveries | ||||||||
0 | 0 | 773 | 0 | 0 | -17 | 39,770 | 12,811 | 10,686 |
Prior merger-related (payments)/recoveries | ||||||||
- | - | - | 780 | 779 | 2,388 | 1,295 | 1,829 | 8,291 |
Net cash provided by (used for) investing activities | ||||||||
-2,793 | -3,430 | -11,088 | -9,087 | -8,101 | -8,305 | -48,418 | -19,670 | -21,121 |
Financing Activities | ||||||||
Proceeds from (repayments of) long-term debt | ||||||||
61,322 | -31,319 | -17,788 | -24,475 | -27,382 | 7,735 | -1,911 | -30,284 | - |
Proceeds from (repayments of) short-term debt | ||||||||
5,247 | -4,658 | 4,063 | -2,291 | 2,267 | 4,005 | 0 | 0 | - |
Proceeds from borrowings | ||||||||
- | - | - | - | - | - | - | - | 169,335 |
Repayment of borrowings | ||||||||
- | - | - | - | - | - | - | - | 208,388 |
Deferred financing costs | ||||||||
692 | 1,049 | 0 | 0 | - | 20 | 1,743 | 700 | 0 |
Purchase of treasury stock | ||||||||
397 | 2,481 | 7,154 | 8,076 | 21,794 | 37,214 | 15,292 | 485 | 0 |
Proceeds from the exercise of stock options | ||||||||
- | - | - | 0 | 988 | 0 | 0 | 9,239 | 0 |
Payment of dividends | ||||||||
3,611 | 7,109 | 6,617 | 6,034 | 5,576 | 5,206 | 4,798 | 4,232 | 4,210 |
Increase (decrease) in cash overdrafts | ||||||||
4,684 | 1,051 | -168 | -321 | -524 | 1,237 | 0 | 0 | - |
Net cash provided by (used for) financing activities | ||||||||
66,553 | -45,565 | -27,664 | -41,197 | -52,021 | -29,463 | -23,744 | -26,462 | -43,263 |
Foreign currency exchange impact on cash | ||||||||
2,068 | -185 | 1,513 | -3,490 | 3,866 | -657 | -2,427 | 1,594 | -399 |
Increase/(decrease) in cash and cash equivalents | ||||||||
19,222 | -9,250 | -37 | -7,276 | 90 | 8,276 | -8,768 | 10,327 | -2,835 |
Supplemental cash flow | ||||||||
Cash paid for interest | ||||||||
5,970 | 4,092 | 5,876 | 5,450 | 5,527 | 5,092 | 6,557 | 8,557 | 9,285 |
Cash paid for income taxes | ||||||||
0 | 426 | 3,482 | 8,259 | - | - | - | - | - |
Cash paid for income taxes | ||||||||
- | - | - | - | 13,651 | 10,097 | 29,437 | 21,513 | 16,703 |
Non-cash financing activities | ||||||||
Capital leases | ||||||||
310 | 308 | 437 | 2,028 | 260 | 33 | 36 | 143 | 132 |