| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | |||||||||
Net loss | |||||||||
-266,981 | 63,852 | -44,342 | 112,115 | 122,053 | 111,830 | 108,996 | 112,757 | 100,985 | 98,414 |
Adjustments to reconcile net loss to net cash provided by operating activities: | |||||||||
Depreciation and amortization | |||||||||
32,497 | 33,289 | 33,532 | 32,381 | 32,153 | 29,994 | 28,927 | 31,669 | 35,797 | 38,683 |
Amortization of intangible assets | |||||||||
10,805 | 12,238 | 15,143 | 8,623 | 6,985 | 6,083 | 5,126 | 5,171 | 4,950 | 4,774 |
Write-off of capitalized software development costs | |||||||||
- | - | - | - | - | - | - | - | - | -6,735 |
Share-based compensation | |||||||||
7,295 | 10,202 | 7,895 | 8,195 | 10,808 | 8,746 | 15,734 | 14,100 | 12,266 | 8,971 |
Gain on the disposition of property, plant and equipment | |||||||||
1,197 | 20,965 | -1,959 | -1,155 | 57 | -122 | -59 | -117 | -566 | 9,851 |
Amortization of capitalized financing costs | |||||||||
1,433 | 681 | 875 | 859 | 1,021 | 995 | 974 | 735 | 927 | 924 |
Excess tax benefits related to share-based compensation | |||||||||
- | - | - | - | 3,977 | 648 | 6,858 | 5,477 | 712 | 72 |
Loss on disposition of business | |||||||||
- | - | - | -8,234 | - | - | - | - | - | - |
Loss on sale of equity investment | |||||||||
- | - | -33 | - | - | - | - | - | - | - |
Asset impairment charge | |||||||||
- | - | 155,603 | - | 1,183 | - | 1,635 | - | - | - |
Deferred income taxes | |||||||||
-8,900 | -10,624 | -23,162 | -10,879 | -4,754 | -6,713 | 20,914 | 12,916 | -10,340 | 447 |
Change in contingent consideration | |||||||||
-4,457 | - | - | - | - | - | - | - | - | - |
Excess tax cost (benefit) related to share-based compensation | |||||||||
- | -1,034 | 479 | 1,214 | - | - | - | - | - | - |
Impairment of goodwill | |||||||||
285,166 | - | - | - | - | - | - | - | - | - |
Pension settlement charge | |||||||||
- | -12,510 | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | |||||||||
Increase in accounts receivable, net | |||||||||
-59,304 | -38,499 | 9,986 | 16,529 | -14,735 | -21,820 | 31,686 | -13,928 | 31,175 | - |
Decrease (increase) in accounts receivable | |||||||||
- | - | - | - | - | - | - | - | - | 185,728 |
Decrease in inventory | |||||||||
-55,751 | -47,148 | 12,467 | 18,724 | 64,677 | -10,374 | 58,376 | 92,055 | -89,815 | -39,530 |
Increase in other assets | |||||||||
2,611 | 12,631 | 5,313 | 2,898 | 4,224 | -21,105 | 18,656 | 2,593 | -2,106 | 14,752 |
Increase in accounts payable | |||||||||
16,478 | -47,262 | 41,329 | -40,725 | -40,634 | 16,264 | 89,195 | 35,384 | 647 | -76,449 |
Decrease in checks in-transit | |||||||||
- | - | - | - | 21,348 | -32,008 | -11,803 | -5,178 | 49,244 | -31,566 |
Increase in accrued liabilities | |||||||||
4,234 | 17,534 | 1,077 | 1,276 | -3,648 | 276 | -1,228 | 4,550 | -18,212 | -14,137 |
Decrease in other liabilities | |||||||||
-3,274 | -14,563 | 1,037 | -4,736 | -13,578 | 1,574 | -12,590 | -11,201 | 2,531 | 4,772 |
Net cash provided by operating activities | |||||||||
185,543 | 130,942 | 162,734 | 77,133 | 74,737 | 189,814 | 130,363 | 114,823 | 239,395 | -129,305 |
Cash Flows From Investing Activities: | |||||||||
Capital expenditures | |||||||||
38,579 | 37,709 | 28,325 | 24,994 | 33,789 | 32,787 | 27,981 | 27,276 | 14,924 | 31,713 |
Proceeds from the disposition of property, plant and equipment | |||||||||
124 | 33,940 | 153 | 2,767 | 3,516 | 775 | 63 | 58 | 95 | 18,238 |
Proceeds from the disposition of a subsidiary | |||||||||
- | - | 146 | - | - | - | - | - | - | - |
Acquisitions, net of cash acquired | |||||||||
- | - | 40,515 | 161,406 | - | 75,254 | - | 15,527 | - | 14,891 |
Sale of equity investment | |||||||||
- | - | 612 | - | - | - | - | - | - | - |
Net cash used in investing activities | |||||||||
-38,455 | -3,769 | -67,929 | -183,633 | -30,273 | -107,266 | -27,918 | -42,745 | -14,829 | -28,366 |
Cash Flows From Financing Activities: | |||||||||
Net borrowing under revolving credit facility | |||||||||
-20,872 | 108,052 | -4,577 | -155,911 | 31,378 | 123,633 | -91,757 | - | 221,300 | -212,100 |
Borrowings under Term Loan | |||||||||
77,600 | - | - | - | - | - | - | - | - | - |
Repayments under Term Loan | |||||||||
4,554 | - | - | - | - | - | - | - | - | - |
Contingent consideration | |||||||||
5,543 | - | - | - | - | - | - | - | - | - |
Net repayments under Securitization Program | |||||||||
200,000 | - | - | - | - | - | - | - | - | - |
Borrowings under Receivables Securitization Program | |||||||||
- | - | - | 9,300 | 40,700 | 150,000 | - | - | - | - |
Repayment of debt | |||||||||
- | - | - | 135,000 | - | - | 376,800 | - | - | - |
Proceeds from the issuance of debt | |||||||||
- | - | - | 150,000 | - | - | 340,000 | - | - | - |
Net disbursements from share-based compensation arrangements | |||||||||
-1,320 | 554 | -770 | -2,863 | 19,895 | 864 | 9,264 | 38,450 | 4,818 | - |
Net proceeds from the exercise of stock options | |||||||||
- | - | - | - | - | - | - | - | - | 2,019 |
Acquisition of treasury stock, at cost | |||||||||
- | 6,839 | 68,055 | 49,982 | 62,056 | 69,908 | 162,674 | 113,183 | - | 67,505 |
Payment of cash dividends | |||||||||
20,726 | 20,487 | 21,185 | 21,789 | 22,309 | 21,285 | 17,517 | - | - | - |
Excess tax (cost) benefits related to share-based compensation | |||||||||
- | -1,034 | 479 | 1,214 | 3,977 | 648 | 6,858 | 5,477 | 712 | 72 |
Payment of debt issuance costs | |||||||||
6,330 | 106 | 36 | 823 | 1,889 | 143 | 2,817 | 99 | 897 | 256 |
Net cash provided by (used in) financing activities | |||||||||
-140,001 | -135,964 | -84,990 | 105,968 | -53,060 | -63,457 | -111,929 | -69,355 | -216,667 | 146,430 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||
386 | 137 | -644 | -982 | 3 | 45 | -34 | 23 | -6 | -54 |
Net change in cash and cash equivalents | |||||||||
7,473 | -8,654 | 9,171 | -1,514 | -8,593 | 19,136 | -9,518 | 2,746 | 7,893 | -11,295 |
Other Cash Flow Information: | |||||||||
Interest | |||||||||
- | - | - | 12,822 | - | - | - | - | - | - |
Income tax payments, net | |||||||||
24,342 | 32,151 | 76,330 | 76,205 | - | - | - | - | - | - |
Interest paid | |||||||||
23,735 | 22,901 | 19,275 | - | - | - | - | - | - | - |