| 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 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 | Dec'11 | Sep'11 | Jun'11 | Mar'11 | Dec'10 | Sep'10 | Jun'10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||
Net income | ||||||||||||||||||||||||||||||||||||||
18,880 | 20,314 | 22,606 | 16,816 | 20,531 | 21,761 | 20,644 | 17,483 | 11,600 | 17,267 | 17,585 | 9,661 | 17,566 | 17,544 | 16,755 | 13,903 | 15,231 | 18,872 | 18,799 | 12,551 | 15,986 | 16,330 | 16,932 | 11,909 | 15,329 | 13,649 | 13,572 | 8,127 | 11,255 | 11,548 | 11,637 | 10,502 | 13,551 | 15,117 | 15,442 | 8,248 | 11,058 | 13,324 | 13,211 |
Adjustments to reconcile net income to net cash provided by operating activities - | ||||||||||||||||||||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||||||||||||||||||||
17,001 | 15,489 | 14,839 | 14,496 | 14,032 | 13,776 | 13,227 | 12,858 | 12,498 | 12,140 | 11,839 | 11,319 | 11,765 | 10,732 | 10,813 | 10,367 | 9,736 | 10,035 | 9,631 | 9,549 | 9,098 | 8,857 | 8,217 | 7,933 | 8,424 | 7,744 | 7,587 | 8,078 | 6,799 | 6,380 | 6,243 | 6,167 | 5,914 | 5,862 | 5,640 | 5,567 | 5,760 | 5,503 | 5,550 |
Gain on disposal of assets | ||||||||||||||||||||||||||||||||||||||
-369 | 1,331 | -122 | -370 | -813 | 1,524 | -397 | 798 | -1,042 | 1,321 | 121 | 134 | 184 | -256 | -147 | -342 | -449 | 865 | -33 | 373 | -284 | -163 | -191 | -294 | -200 | -223 | 344 | -55 | -185 | -76 | -59 | -288 | 1,580 | -93 | 48 | -14 | -27 | -231 | -19 |
Stock-based compensation expense | ||||||||||||||||||||||||||||||||||||||
968 | 962 | 925 | 872 | 1,085 | 981 | 1,084 | 848 | 808 | 714 | 488 | 253 | 258 | 1,330 | 642 | 437 | 431 | 1,366 | 516 | 379 | 585 | 1,545 | 755 | 623 | 675 | 1,460 | 793 | 672 | 659 | 1,144 | 609 | 514 | 479 | 1,084 | 618 | 466 | 273 | 928 | 632 |
Excess tax benefits from share-based payment arrangements | ||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 8 | 40 | 32 | 7 | 42 | 62 | 36 | 4 | 93 | 171 | 14 | 30 | 226 | 49 | 47 | 172 | 26 | 174 | 1,082 | 324 | 460 |
Net change in deferred income taxes | ||||||||||||||||||||||||||||||||||||||
-2,630 | -2,573 | -2,223 | -1,810 | -6,083 | -2,542 | -2,082 | -3,302 | -7,863 | -2,130 | -2,190 | -4,397 | -2,812 | -1,279 | -2,768 | -1,898 | -3,998 | -286 | -407 | -5,086 | -710 | -342 | -200 | -3,007 | -606 | -435 | -472 | 95 | 76 | 130 | 74 | -883 | -1,174 | -666 | -439 | -598 | -2,883 | 575 | 355 |
Change in operating assets and liabilities (excluding acquisitions): | ||||||||||||||||||||||||||||||||||||||
Trade receivables | ||||||||||||||||||||||||||||||||||||||
-30 | -377 | 2,763 | -416 | -726 | -1,059 | 3,562 | -1,279 | 171 | 300 | 896 | 216 | -585 | 220 | 223 | -177 | -7 | 388 | 1,273 | -649 | 61 | 382 | 38 | -430 | 66 | 131 | 126 | 259 | 6 | 69 | 177 | -450 | -34 | -7 | 338 | -256 | 486 | -378 | 47 |
Inventories | ||||||||||||||||||||||||||||||||||||||
6,628 | -2,809 | -51 | 11,351 | 1,943 | -1,893 | -2,275 | 8,517 | -4,103 | 685 | 3,300 | 3,680 | -7,011 | -3,526 | 1,813 | -2,269 | -3,314 | 786 | 3,242 | -7,234 | -7,077 | 12,536 | 970 | 892 | 1,874 | 5,590 | -3,164 | 4,614 | -7,057 | 4,155 | 4,256 | -3,950 | -5,082 | 3,282 | 1,161 | 3,364 | 12 | 6,991 | 2,520 |
Other current assets | ||||||||||||||||||||||||||||||||||||||
-8,365 | 4,846 | 3,966 | 1,286 | -7,005 | 4,768 | 1,465 | -2,314 | 2,219 | 1,773 | 2,398 | -9,447 | 6,051 | 7,678 | -1,403 | -4,066 | 3,336 | 6,112 | 1,465 | -4,867 | -4,086 | 7,038 | -707 | -2,545 | -2,916 | 2,310 | -1,998 | 5,793 | -3,439 | 2,436 | 2,386 | 5,119 | -2,038 | -487 | 1,074 | -1,374 | -1,648 | -343 | 2,390 |
Intangible assets | ||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 740 | -931 | -96 |
Other non-current assets | ||||||||||||||||||||||||||||||||||||||
-7,714 | -3,810 | -6,573 | 428 | -876 | 1,762 | -887 | 442 | -1,189 | -119 | -997 | -3,043 | 12 | -1,977 | -672 | -2,318 | -1,988 | 1,836 | -416 | -585 | 1,178 | 429 | -524 | 190 | -1,218 | 593 | -1,409 | -4,872 | 2,689 | -1,170 | -2,115 | 2,971 | -68 | 3,575 | 464 | -1,004 | -2,134 | 367 | -558 |
Trade payables | ||||||||||||||||||||||||||||||||||||||
7,430 | 3,262 | 1,226 | 8,439 | 6,191 | -1,708 | 6,115 | -1,651 | -6,645 | 1,334 | 12,113 | -1,975 | 5,311 | 16,280 | -10,011 | 1,798 | 11,190 | -8,815 | 2,906 | -4,661 | -3,387 | 16,549 | 1,098 | -6,823 | 439 | -1,034 | -267 | 7,655 | 4,618 | -849 | 4,233 | -3,785 | 493 | 4,857 | 2,483 | -2,492 | -3,928 | 7,089 | -2,764 |
Accrued expenses | ||||||||||||||||||||||||||||||||||||||
-3,119 | -10,034 | 14,250 | -4,615 | 2,123 | -6,283 | 5,756 | -2,129 | -3,183 | 8,879 | -5,149 | -811 | -4,504 | 8,517 | -6,426 | 5,481 | -7,125 | 9,548 | -5,490 | 5,540 | -4,018 | -2,698 | 4,113 | 1,708 | -727 | 3,541 | -866 | 4,568 | 938 | 3,457 | -5,137 | 1,600 | 5,937 | -7,537 | -323 | 1,631 | 5,806 | 318 | -4,210 |
Federal and state income taxes payable | ||||||||||||||||||||||||||||||||||||||
140 | -1,792 | 5,586 | 2,492 | -4,449 | -99 | 3,457 | 2,103 | -4,825 | -4,530 | 7,910 | 409 | -854 | -6,672 | 7,054 | 2,708 | 437 | -7,407 | 10,474 | -12,758 | 5,277 | 209 | 2,508 | -2,244 | 1,549 | -4,556 | 7,282 | -1,034 | 1,608 | -5,198 | 6,403 | 21 | 203 | -4,089 | 7,442 | -1,360 | -306 | -3,077 | 5,244 |
Other long-term liabilities | ||||||||||||||||||||||||||||||||||||||
-8,116 | -7,935 | -6,903 | -200 | -616 | -227 | -924 | -150 | -222 | -513 | -45 | -2,427 | -148 | -663 | -342 | -476 | -263 | -298 | -362 | -49 | -228 | -528 | -232 | 502 | 107 | 455 | -573 | -492 | 236 | -188 | -400 | -395 | 138 | -235 | -47 | -70 | -28 | -9 | 206 |
Long-term income taxes payable | ||||||||||||||||||||||||||||||||||||||
70 | -2,948 | 3,450 | -745 | 134 | 204 | 198 | -1,058 | 187 | 195 | 228 | -1,231 | 53 | 229 | 270 | -525 | 207 | 256 | 279 | -354 | 127 | 193 | 143 | 126 | -386 | 98 | -475 | -305 | -466 | 130 | 136 | -472 | -657 | -2 | 351 | - | - | - | - |
Total adjustments | ||||||||||||||||||||||||||||||||||||||
26,854 | 396 | 35,613 | 7,468 | 32,060 | 4,084 | 29,527 | 6,643 | 10,425 | 16,376 | 23,856 | 18,520 | 16,042 | 28,893 | 4,954 | 30,860 | 21,033 | -5,016 | 12,822 | 25,182 | 17,954 | 4,240 | 17,174 | 7,001 | 12,784 | -262 | 19,961 | 13,137 | 22,288 | -698 | 7,142 | 1,082 | 19,276 | -5,836 | 13,492 | 2,861 | 12,556 | 4,703 | -441 |
Net cash provided by operating activities | ||||||||||||||||||||||||||||||||||||||
45,734 | 20,710 | 58,219 | 24,284 | 52,591 | 25,845 | 50,171 | 24,126 | 22,025 | 33,643 | 41,441 | 28,181 | 33,608 | 46,437 | 21,709 | 44,763 | 36,264 | 13,856 | 31,621 | 37,733 | 33,940 | 20,570 | 34,106 | 18,910 | 28,113 | 13,387 | 33,533 | 21,264 | 33,543 | 10,850 | 18,779 | 11,584 | 32,827 | 9,281 | 28,934 | 11,109 | 23,614 | 18,027 | 12,770 |
Cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||
Capital expenditures | ||||||||||||||||||||||||||||||||||||||
18,471 | 9,759 | 13,996 | 13,705 | 9,105 | 10,218 | 11,440 | 9,395 | 10,828 | 12,163 | 6,736 | 6,558 | 9,971 | 9,909 | 8,202 | 7,993 | 9,340 | 10,059 | 9,442 | 8,233 | 7,797 | 9,746 | 8,974 | 10,464 | 7,773 | 6,468 | 7,445 | 13,119 | 8,946 | 5,135 | 6,985 | 9,603 | 7,717 | 7,515 | 3,721 | 7,313 | 3,594 | 3,474 | 3,126 |
Acquisitions, net of cash acquired | ||||||||||||||||||||||||||||||||||||||
39,234 | 10,300 | 54,720 | 16,375 | 6,918 | 11,616 | 27,518 | 7,076 | 1,895 | 10,497 | 3,971 | 8,883 | 4,211 | 82,112 | 47,361 | 861 | 1,186 | 31,738 | 15,233 | 1,709 | 18,501 | 45,797 | 18,360 | 1,133 | 9,321 | 17,013 | 0 | 17,359 | 88,479 | 6,569 | 50,919 | 1,400 | 5,310 | -168 | 32,701 | -39 | 3,126 | 0 | 7,106 |
Proceeds from the disposal of assets | ||||||||||||||||||||||||||||||||||||||
302 | 21 | 103 | 231 | 54 | 135 | 303 | 1,738 | 347 | 1,893 | 93 | 116 | 1,380 | 8 | 79 | 172 | 16 | 2,217 | 220 | 44 | 193 | 134 | 38 | 18 | 3,824 | 37 | 37 | 40 | 24 | 30 | 2,943 | 27 | 1,998 | 23 | 54 | 29 | 16 | 60 | 38 |
Other | ||||||||||||||||||||||||||||||||||||||
-293 | -260 | -34 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used for investing activities | ||||||||||||||||||||||||||||||||||||||
-57,110 | -19,778 | -68,579 | -29,841 | -15,942 | -21,445 | -38,655 | -14,733 | -12,376 | -20,767 | -10,614 | -15,325 | -12,802 | -92,013 | -55,484 | -8,682 | -10,510 | -39,580 | -24,455 | -9,898 | -26,105 | -55,409 | -27,296 | -11,579 | -13,270 | -23,444 | -7,408 | -30,438 | -97,401 | -11,674 | -54,961 | -10,976 | -11,029 | -7,324 | -36,368 | -7,245 | -6,704 | -3,414 | -10,194 |
Cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||
Proceeds from borrowings | ||||||||||||||||||||||||||||||||||||||
130,151 | 107,025 | 119,603 | 119,585 | 96,260 | 108,947 | 108,668 | 83,892 | 90,809 | 89,832 | 80,310 | 80,324 | 89,268 | 167,800 | 132,635 | 56,936 | 83,244 | 110,690 | 86,072 | 67,938 | 81,473 | 118,738 | 75,412 | 69,341 | 66,881 | 106,327 | 61,772 | 86,356 | 122,827 | 64,071 | 97,777 | 46,593 | 33,280 | 58,080 | 51,549 | 50,409 | 35,268 | 38,803 | 49,518 |
Principal payments on long-term debt, finance leases and financing obligations | ||||||||||||||||||||||||||||||||||||||
109,267 | 104,515 | 103,257 | 107,155 | 132,768 | 120,531 | 103,535 | 95,007 | 93,566 | 98,698 | 108,250 | 86,006 | 105,766 | 114,389 | 98,142 | 83,728 | 103,499 | 86,942 | 92,538 | 95,010 | 88,612 | 74,868 | 78,127 | 77,734 | 76,029 | 92,522 | 86,889 | 84,333 | 47,411 | 59,848 | 61,853 | 43,491 | 53,960 | 60,393 | 40,392 | 52,313 | 54,681 | 51,951 | 59,943 |
Exercise of stock options | ||||||||||||||||||||||||||||||||||||||
701 | 1,526 | 3,730 | 2,492 | 7,987 | 3,383 | 778 | 1,781 | 586 | 1,796 | 653 | 1,001 | 567 | 285 | 1,639 | 1,660 | 2,303 | 477 | 4,162 | 6,540 | 341 | 578 | 1,205 | 848 | 648 | 410 | 2,408 | 882 | 463 | 590 | 1,022 | 374 | 923 | 950 | 887 | 991 | 1,606 | 1,481 | 989 |
Excess tax benefits from share-based payment arrangements | ||||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 8 | 40 | 32 | 7 | 42 | 62 | 36 | 4 | 93 | 171 | 14 | 30 | 226 | 49 | 47 | 172 | 26 | 174 | 1,082 | 324 | 460 |
Dividends paid | ||||||||||||||||||||||||||||||||||||||
7,500 | 7,400 | 7,400 | 6,730 | 6,722 | 6,688 | 6,674 | 6,003 | 5,993 | 5,991 | 5,982 | 5,643 | 5,638 | 5,618 | 5,618 | 4,949 | 4,940 | 4,909 | 4,889 | 4,235 | 4,210 | 4,202 | 4,198 | 3,548 | 3,541 | 3,536 | 3,531 | 1 | 6,387 | 3,181 | 3,171 | 2,847 | 2,845 | 2,840 | 2,504 | 2,496 | 2,490 | 1,855 | 1,849 |
Net cash provided by (used for) financing activities | ||||||||||||||||||||||||||||||||||||||
14,152 | -3,395 | 12,659 | 8,192 | -35,243 | -14,889 | -763 | -15,337 | -8,164 | -13,061 | -33,269 | -10,324 | -21,569 | 48,078 | 30,514 | -32,261 | -22,892 | 19,316 | -7,185 | -24,727 | -10,976 | 40,253 | -5,666 | -11,031 | -12,005 | 10,683 | -26,147 | 3,075 | 69,506 | 1,662 | 34,001 | 678 | -22,555 | -4,031 | 9,566 | -3,235 | -19,215 | -13,198 | -10,825 |
Increase in cash | ||||||||||||||||||||||||||||||||||||||
2,776 | -2,463 | 2,299 | 2,635 | 1,406 | -10,489 | 10,753 | -5,944 | 1,485 | -185 | -2,442 | 2,532 | -763 | 2,502 | -3,261 | 3,820 | 2,862 | -6,408 | -19 | 3,108 | -3,141 | 5,414 | 1,144 | -3,700 | 2,838 | 626 | -22 | -6,099 | 5,648 | 838 | -2,181 | 1,286 | -757 | -2,074 | 2,132 | 629 | -2,305 | 1,415 | -8,249 |