| Jul'18 | Apr'18 | Jan'18 | Oct'17 | Jul'17 | Apr'17 | Jan'17 | Oct'16 | Jul'16 | Apr'16 | Jan'16 | Oct'15 | Jul'15 | Apr'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||||||||||
Net earnings | |||||||||||||||||
34,800 | 31,700 | -11,500 | 25,800 | 20,700 | 18,400 | 17,900 | 19,800 | 8,000 | 2,500 | -10,300 | -400,800 | 7,400 | 17,900 | -32,600 | 31,300 | 45,400 | 44,000 |
Adjustments to reconcile net earnings to net cash flows provided by operating activities: | |||||||||||||||||
Depreciation and amortization | |||||||||||||||||
18,700 | 19,300 | 16,600 | 16,500 | 16,500 | 16,500 | 16,300 | 16,900 | 17,100 | 16,600 | 15,200 | 17,200 | 21,700 | 20,900 | 20,700 | 19,600 | 16,400 | 11,300 |
Deferred income taxes | |||||||||||||||||
10,200 | 9,400 | 47,800 | 12,100 | 11,300 | 9,700 | 2,900 | -2,000 | 5,100 | 200 | -2,700 | -247,200 | 10,800 | 9,800 | 22,600 | 4,300 | 6,400 | 9,500 |
Non-cash compensation | |||||||||||||||||
5,100 | 5,200 | 7,100 | 6,300 | 7,100 | 5,900 | 5,500 | 4,900 | 5,000 | 4,800 | 4,900 | 3,500 | 3,500 | 3,900 | 1,000 | 900 | 800 | 1,000 |
Amortization of deferred financing fees | |||||||||||||||||
1,200 | 1,100 | 1,100 | 1,200 | 1,100 | 1,100 | 1,100 | 1,100 | 1,000 | 1,100 | 1,100 | 1,000 | 1,100 | 800 | - | - | - | - |
Tax impact from prior sales of restricted stock | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -1,100 | 0 | 0 | 900 | -300 | 300 | 400 | 200 |
Provision for inventory reserve | |||||||||||||||||
2,800 | 3,900 | 4,900 | 3,200 | 4,400 | 4,700 | 8,000 | 2,200 | 4,100 | 6,400 | - | - | - | - | - | - | - | - |
Change in allowance for doubtful accounts and sales returns | |||||||||||||||||
200 | -400 | -1,100 | -3,500 | 7,000 | -2,200 | 100 | -200 | 3,600 | -300 | 2,400 | 100 | -100 | 900 | - | - | - | - |
Loss on disposal of property and equipment | |||||||||||||||||
-200 | -300 | -500 | -300 | -100 | -400 | 1,000 | -800 | -2,000 | -1,500 | -100 | -1,900 | -400 | -500 | -6,200 | -700 | 400 | -100 |
Changes in operating assets and liabilities, net of effects from acquisitions: | |||||||||||||||||
Accounts receivable | |||||||||||||||||
-2,400 | 39,300 | -13,100 | 2,700 | 11,800 | 43,000 | -4,400 | 5,100 | 1,200 | -8,800 | -6,700 | -17,600 | -18,300 | 2,300 | -11,200 | 9,500 | 36,600 | 48,700 |
Inventories | |||||||||||||||||
12,500 | 4,300 | -3,100 | -13,300 | 9,700 | 15,900 | 8,200 | 100 | -6,700 | 3,400 | -9,000 | -2,900 | 1,800 | -7,900 | -8,200 | 22,900 | 5,600 | 46,900 |
Other current and non-current assets | |||||||||||||||||
- | -2,500 | 4,900 | 900 | 5,400 | 8,300 | 13,900 | -500 | -4,000 | -4,800 | 2,000 | -18,900 | 11,800 | 2,400 | 15,200 | 900 | -4,000 | 9,800 |
Accounts payable | |||||||||||||||||
5,800 | 32,100 | 2,900 | -12,400 | 3,300 | 16,100 | 8,400 | -5,800 | 11,000 | -2,600 | 3,500 | -11,000 | -7,500 | 18,400 | -92,200 | 79,200 | -11,700 | 61,400 |
Other current and non-current liabilities | |||||||||||||||||
-11,600 | 11,900 | -13,500 | 28,000 | -11,300 | 16,600 | -29,700 | 28,700 | -30,400 | 1,000 | -17,000 | 22,800 | -18,200 | 31,200 | 41,400 | 400 | 1,300 | -20,600 |
Net cash flows provided by operating activities | |||||||||||||||||
54,800 | 73,400 | 66,100 | 87,200 | 33,300 | 20,000 | 11,800 | 61,700 | 36,000 | 41,400 | 19,700 | 67,100 | 23,800 | 106,600 | -16,600 | 102,900 | 20,100 | 1,100 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||||||||||
Capital expenditures | |||||||||||||||||
25,700 | 27,000 | 27,300 | 25,000 | 18,100 | 14,500 | 1,600 | 8,600 | 6,100 | 19,200 | 24,100 | 36,300 | 34,500 | 35,600 | 47,500 | 32,900 | 35,400 | 21,000 |
Acquisitions, net of cash acquired | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 5,300 | 0 | 0 | -1,000 | 1,500 | 700 | 255,200 | 256,400 |
Net cash flows used in investing activities | |||||||||||||||||
-28,100 | -27,000 | -92,100 | -25,000 | -18,100 | -14,500 | -1,600 | -7,900 | -227,600 | -19,200 | -29,400 | -36,300 | -34,500 | -34,600 | -49,000 | -33,600 | -290,600 | -277,400 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||||||||||
Purchase of treasury stock and other | |||||||||||||||||
0 | 200 | 13,400 | 49,100 | 15,100 | 14,500 | 31,400 | 4,700 | 5,500 | 3,300 | 9,400 | 0 | 0 | 100 | - | - | - | - |
Tax impact from prior sales of restricted stock | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -1,100 | 0 | 0 | 900 | -300 | 300 | 400 | 200 |
Net transfers to B/E Aerospace, Inc. | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -204,400 | -71,300 | 274,700 | 234,300 |
Deferred acquisition payments | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 100 | -200 | 0 | 91,000 | - | - | - | - |
Net cash flows provided by (used in) financing activities | |||||||||||||||||
1,200 | -200 | -12,400 | -49,100 | -14,100 | -14,500 | -30,700 | -4,700 | -4,700 | -3,300 | -9,800 | 100 | 800 | -90,200 | 500,800 | -71,000 | 275,100 | 234,500 |
Effect of foreign exchange rate changes on cash and cash equivalents | |||||||||||||||||
-3,600 | -3,100 | 6,200 | -1,400 | 5,600 | 800 | - | - | - | 2,300 | -1,700 | -200 | -900 | 100 | -1,600 | -2,900 | 0 | 400 |
Net increase (decrease) in cash and cash equivalents | |||||||||||||||||
24,300 | 43,100 | -32,200 | 11,700 | 6,700 | -8,200 | -20,400 | 47,300 | -198,600 | 21,200 | -21,200 | 30,700 | -10,800 | -18,100 | 433,600 | -4,600 | 4,600 | -41,400 |
Cash paid during period for: | |||||||||||||||||
Income taxes paid, net of refunds | |||||||||||||||||
900 | 2,400 | 2,100 | 4,400 | -1,100 | 1,200 | 2,000 | 1,200 | 1,300 | 1,600 | 4,100 | 2,100 | 3,400 | 3,600 | 100 | 800 | 3,300 | 16,900 |
Interest | |||||||||||||||||
35,700 | 500 | 35,800 | 1,000 | 35,700 | 500 | - | - | - | - | 35,800 | 1,300 | 33,500 | 400 | - | - | - | - |
Supplemental schedule of non-cash activities: | |||||||||||||||||
Accrued property additions | |||||||||||||||||
0 | 6,600 | 4,300 | -1,300 | 1,800 | 4,300 | - | - | - | - | - | - | - | - | - | - | - | - |