| 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 income | |||||||||
49,595 | 49,365 | 34,252 | 25,611 | 38,236 | 32,151 | 25,659 | 18,370 | 12,584 | 13,970 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
Depreciation and amortization of property and equipment | |||||||||
29,207 | 28,302 | 25,304 | 27,931 | 24,413 | 14,815 | 13,916 | 13,933 | 7,750 | 7,879 |
Amortization of intangible assets | |||||||||
9,645 | 9,888 | 10,575 | 12,307 | 8,207 | 1,461 | 1,469 | 1,419 | 231 | - |
Accretion of closure and post-closure obligations | |||||||||
3,707 | 3,026 | 3,953 | 4,584 | 2,656 | 1,241 | 1,367 | 1,292 | 1,137 | 1,167 |
Property and equipment impairment charges | |||||||||
3,666 | 8,903 | - | 6,700 | - | - | - | - | - | - |
Unrealized foreign currency loss (gain) | |||||||||
-1,211 | 1,283 | -65 | -3,271 | -2,427 | -2,789 | 1,400 | -1,324 | 1,205 | - |
Deferred income taxes | |||||||||
-5,906 | 25,309 | 2,704 | 2,714 | -2,035 | 2,637 | 711 | 1,095 | 286 | -1,793 |
Share-based compensation expense | |||||||||
4,366 | 3,933 | 2,925 | 2,297 | 1,250 | 865 | 846 | 837 | 988 | 655 |
Unrecognized tax benefits | |||||||||
-485 | - | - | - | 480 | 13 | 13 | 454 | - | - |
Gain on disposition of business | |||||||||
- | - | 2,034 | -542 | - | - | - | - | - | - |
Net loss (gain) on disposition of assets | |||||||||
-370 | -408 | 569 | -741 | -421 | -170 | -13 | -187 | -171 | -296 |
Gain on insurance proceeds from damaged property and equipment | |||||||||
347 | 1,313 | 654 | - | - | - | - | - | - | - |
Amortization and write-off of debt issuance costs | |||||||||
810 | 6,009 | 2,006 | 4,428 | 1,037 | - | - | - | - | - |
Amortization and write-off of debt discount | |||||||||
- | 667 | 148 | 148 | 74 | - | - | - | - | - |
Changes in assets and liabilities: | |||||||||
Investment premium amortization | |||||||||
- | - | - | - | - | - | - | - | 20 | - |
Accretion of interest income | |||||||||
- | - | - | - | - | - | - | - | 2 | - |
Receivables | |||||||||
32,301 | 13,861 | -10,912 | -1,565 | 4,400 | 10,408 | 1,850 | -3,593 | 11,278 | -14,435 |
Income taxes receivable | |||||||||
7,072 | -4,121 | 2,043 | -4,830 | 1,798 | - | -187 | 188 | - | -2,834 |
Other assets | |||||||||
1,187 | 1,328 | -1,149 | -734 | 921 | 403 | 677 | -715 | 618 | 11 |
Accounts payable and accrued liabilities | |||||||||
14,301 | 2,012 | -7,735 | -6,481 | -2,878 | 1,673 | -2,172 | 2,880 | 1,702 | -1,054 |
Deferred revenue | |||||||||
2,059 | 617 | -281 | -4,449 | 1,890 | 5,197 | -50 | -21 | 339 | -3,304 |
Accrued salaries and benefits | |||||||||
2,476 | 3,420 | -864 | -901 | 771 | -424 | 1,929 | 1,389 | 1,141 | -1,160 |
Income taxes payable | |||||||||
-3,512 | 3,921 | 49 | -3,918 | -389 | 4,091 | -1,083 | -1,106 | 2,413 | 201 |
Closure and post-closure obligations | |||||||||
1,900 | 1,795 | 481 | 5,679 | 1,182 | 955 | 2,282 | 792 | 158 | 928 |
Net cash provided by operating activities | |||||||||
81,485 | 79,703 | 73,973 | 71,547 | 71,369 | 49,639 | 35,174 | 43,191 | 14,929 | 36,787 |
Other | |||||||||
- | - | - | - | - | - | - | - | - | -14 |
Cash flows from investing activities: | |||||||||
Business acquisitions (net of cash acquired) | |||||||||
108,382 | - | 9,983 | - | 460,874 | - | 10,743 | - | 77,427 | - |
Proceeds from divestitures (net of cash divested) | |||||||||
- | - | 2,723 | 58,728 | - | - | - | - | - | - |
Purchases of property and equipment | |||||||||
40,757 | 36,240 | 35,696 | 39,370 | 28,434 | 21,373 | 15,766 | 10,096 | 14,190 | 9,405 |
Insurance proceeds from damaged property and equipment | |||||||||
- | 1,313 | 654 | - | - | - | - | - | - | - |
Purchases of restricted cash and investments | |||||||||
- | - | - | 2,075 | 1,060 | 5,249 | - | - | - | - |
Proceeds from sale of restricted cash and investments | |||||||||
- | - | - | 2,057 | 1,023 | 5,263 | 5 | - | - | - |
Proceeds from sale of short term investments | |||||||||
- | - | - | - | 654 | - | - | - | - | - |
Proceeds from sale of property and equipment | |||||||||
493 | 974 | 991 | 948 | 201 | 168 | 198 | 98 | 58 | 64 |
Purchases of restricted investments | |||||||||
1,023 | 800 | 1,104 | - | - | - | - | - | - | - |
Proceeds from sale of restricted investments | |||||||||
910 | 835 | 1,000 | - | - | - | - | - | - | - |
Net cash used in investing activities | |||||||||
-148,759 | -33,918 | -41,415 | 20,288 | -488,490 | -21,191 | -26,306 | -9,998 | -89,497 | -10,834 |
Purchases of short-term investments | |||||||||
- | - | - | - | - | - | - | - | 4,998 | 1,409 |
Maturities of short-term investments | |||||||||
- | - | - | - | - | - | - | - | 6,375 | - |
Restricted cash | |||||||||
- | - | - | - | - | - | - | - | -685 | 84 |
Cash flows from financing activities: | |||||||||
Proceeds from long-term debt | |||||||||
87,000 | 281,000 | - | - | 413,962 | 9,500 | 26,000 | - | - | - |
Payments on long-term debt | |||||||||
- | 287,040 | 17,954 | 94,623 | 19,384 | 54,500 | 21,500 | - | - | - |
Payments on short-term borrowings | |||||||||
- | 13,438 | 47,228 | 10,316 | - | - | - | - | - | - |
Proceeds from short-term borrowings | |||||||||
- | 11,260 | 49,405 | 10,316 | - | - | - | - | - | - |
Payments on reducing revolving line of credit | |||||||||
- | - | - | - | - | - | - | 39,400 | - | - |
Proceeds from reducing revolving line of credit | |||||||||
- | - | - | - | - | - | - | 16,900 | 63,000 | - |
Dividends paid | |||||||||
15,804 | 15,711 | 15,673 | 15,612 | 15,532 | 9,978 | 16,432 | 13,113 | 13,090 | 13,068 |
Deferred financing costs paid | |||||||||
- | 2,967 | - | - | 14,001 | 235 | - | - | 373 | - |
Payment of equipment financing obligations | |||||||||
448 | 377 | 179 | - | - | - | - | - | - | - |
Proceeds from exercise of stock options | |||||||||
2,427 | 1,050 | 229 | 1,823 | 1,542 | 2,461 | 1,035 | 142 | 46 | - |
Proceeds from public offering (net of issuance costs of $5,229) | |||||||||
- | - | - | - | - | 96,431 | - | - | - | - |
Other | |||||||||
-314 | -121 | -189 | 54 | 206 | -1 | -303 | 307 | -1 | -11 |
Net cash used in financing activities | |||||||||
72,861 | -26,344 | -31,589 | -108,358 | 366,793 | 43,678 | -11,200 | -35,164 | 49,582 | -13,079 |
Effect of foreign exchange rate changes on cash | |||||||||
-1,633 | 636 | -8 | -459 | -641 | -306 | 163 | -82 | -19 | - |
Increase (decrease) in Cash and cash equivalents and restricted cash | |||||||||
3,954 | 20,077 | 961 | -16,982 | -50,969 | 71,820 | -2,169 | -2,053 | -25,005 | 12,874 |