| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||
Net income | ||||||||||||||||
12,610 | 10,729 | 6,262 | 14,976 | 42,680 | 57,883 | 73,862 | 78,515 | 60,335 | 56,454 | 44,903 | 38,287 | 29,395 | 16,662 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash used in operating activities: | ||||||||||||||||
Depreciation and amortization | ||||||||||||||||
22,396 | 21,869 | 21,616 | 21,957 | 22,522 | 23,064 | 21,563 | 18,891 | 15,776 | 12,509 | 10,799 | 10,061 | 9,840 | 9,497 | 0 | 0 | 0 |
Gain on sale of investments and settlement of note receivable | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 241 | 0 | 0 | 0 | - | - | - | - |
Share-based compensation | ||||||||||||||||
10,072 | 8,537 | 5,897 | 5,376 | 5,116 | 7,577 | 6,971 | 6,323 | 5,677 | 2,230 | 3,407 | 3,157 | 3,143 | 3,216 | 0 | 0 | 0 |
Deferred income taxes | ||||||||||||||||
-6,412 | -7,131 | -1,310 | -1,909 | -6,557 | -6,687 | -15,386 | -20,073 | -15,399 | -15,347 | -6,151 | -2,478 | -2,436 | -2,429 | 0 | 0 | 0 |
Amortization of debt issuance costs | ||||||||||||||||
968 | 937 | 935 | 933 | 849 | 970 | 927 | 835 | 809 | 608 | 544 | 528 | 527 | 527 | 0 | 0 | 0 |
Changes in operating assets and liabilities, net of acquisitions: | ||||||||||||||||
Accounts receivable, net | ||||||||||||||||
33,676 | 44,562 | 11,782 | -24,101 | -23,165 | -10,425 | -6,927 | 2,602 | 4,748 | 1,059 | 18,219 | 11,692 | 24,807 | 9,007 | 0 | 0 | 0 |
Inventories, net | ||||||||||||||||
29,550 | 5,931 | -27,841 | -39,593 | -52,531 | -35,126 | 1,941 | 9,145 | 33,832 | 43,425 | 32,398 | 51,121 | 27,784 | 23,719 | 0 | 0 | 0 |
Prepaid expenses and other assets | ||||||||||||||||
-3,842 | -6,067 | -1,471 | -2,206 | -302 | 685 | -610 | -1,091 | -5,261 | -3,386 | -2,796 | -341 | 3,924 | 3,381 | 0 | 0 | 0 |
Accounts payable | ||||||||||||||||
54,691 | 67,966 | 9,344 | -48,160 | -70,009 | -62,173 | -23,411 | -9,169 | 13,439 | 22,612 | 19,023 | 41,033 | 44,503 | 36,761 | 0 | 0 | 0 |
Accrued liabilities | ||||||||||||||||
4,640 | 3,214 | 854 | -3,907 | -4,538 | -3,518 | -1,583 | 334 | 2,076 | 848 | -1,065 | 693 | -1,450 | 1,612 | 0 | 0 | 0 |
Other liabilities | ||||||||||||||||
-3,044 | -4,545 | -3,020 | -4,188 | -5,225 | -1,507 | -3,292 | -3,548 | 302 | 228 | 1,233 | 2,760 | -4,990 | -2,009 | 0 | 0 | 0 |
Net cash used in operating activities | ||||||||||||||||
36,537 | 57,150 | 58,108 | 50,978 | 60,836 | 60,475 | 65,247 | 61,452 | 49,696 | 38,803 | 24,631 | 31,328 | 21,776 | 27,730 | 0 | 0 | 0 |
Cash flows from investing activities: | ||||||||||||||||
Capital expenditures | ||||||||||||||||
10,031 | 12,343 | 10,883 | 11,240 | 15,034 | 13,920 | 13,002 | 11,809 | 9,620 | 8,226 | 8,624 | 8,678 | 6,260 | 4,268 | 0 | 0 | 0 |
Proceeds from sale of intangible assets | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 230 | 0 | 0 | 0 |
Proceeds from sale of investments and settlement note receivable | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 2,430 | 0 | 0 | 0 | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||
-18,178 | -20,490 | -19,030 | -19,387 | -16,477 | -15,363 | -145,858 | -194,207 | -190,575 | -186,751 | -55,737 | -6,249 | -20,994 | -21,202 | 0 | 0 | 0 |
Cash flows from financing activities: | ||||||||||||||||
Issuance of ordinary shares, net of fees | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 7,278 | 0 | 0 | 0 | - | - | - | - |
Issuance of ordinary shares under share-based compensation plans | ||||||||||||||||
6,348 | 5,757 | 3,331 | 3,044 | 4,987 | 6,329 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Employees' taxes paid upon vesting of restricted share units | ||||||||||||||||
1,172 | 290 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Repurchase of ordinary shares | ||||||||||||||||
- | 1,599 | 31,261 | 61,609 | 86,579 | 89,980 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Debt issuance and modification costs | ||||||||||||||||
- | - | - | - | - | 2,092 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Borrowings on revolving credit facility | ||||||||||||||||
13,000 | 13,000 | 32,000 | 42,000 | 42,000 | 44,162 | 0 | 0 | 0 | - | - | - | - | 12,000 | 0 | 0 | 0 |
Repayments on revolving credit facility | ||||||||||||||||
- | 28,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments on term loan | ||||||||||||||||
6,563 | 8,750 | 8,751 | 8,751 | 8,750 | 8,910 | 0 | 0 | 0 | - | - | - | - | 30,171 | 0 | 0 | 0 |
Net cash provided by (used in) financing activities | ||||||||||||||||
-8,387 | -19,882 | -41,924 | -53,554 | -76,544 | -70,582 | 70,784 | 129,336 | 156,271 | 164,604 | 48,650 | 15,688 | 27,347 | 21,932 | 0 | 0 | 0 |
Net decrease in cash | ||||||||||||||||
9,972 | 16,778 | -2,846 | -21,963 | -32,185 | -25,470 | -9,827 | -3,419 | 15,392 | 16,656 | 17,544 | 40,767 | 28,129 | 28,460 | 0 | 0 | 0 |
Supplemental disclosures of cash flow information: | ||||||||||||||||
Cash paid during the period for interest | ||||||||||||||||
7,305 | 8,424 | 8,401 | 10,396 | 10,231 | 8,273 | 6,905 | 5,141 | 3,324 | 3,436 | 3,576 | 4,101 | 4,315 | 3,686 | 0 | 0 | 0 |
Cash paid during the period for taxes, net of refunds | ||||||||||||||||
823 | 896 | 2,073 | 2,127 | 2,155 | 2,278 | 3,084 | 2,750 | 1,284 | 1,068 | 382 | -63 | 69 | 103 | 0 | 0 | 0 |
Supplemental disclosures of non-cash activities: | ||||||||||||||||
Capital expenditures included in accounts payable | ||||||||||||||||
468 | 774 | 1,384 | 1,961 | 1,586 | 1,462 | 1,246 | 892 | -28 | 723 | 1,244 | 1,452 | 2,635 | 1,174 | 0 | 0 | 0 |
Right-of-use assets obtained in exchange for new operating lease liabilities | ||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |