| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 |
|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||
27,982 | -11,480 | 138 | 25,537 | -1,898 | 36,877 | 24,008 | 17,188 | 18,982 | 4,876 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities, net of effects from acquisitions and disposals: | |||||||||
Depreciation and amortization | |||||||||
18,224 | 20,347 | 21,602 | 21,441 | 23,480 | 18,518 | 12,782 | 11,485 | 11,067 | 11,751 |
Goodwill and other intangible asset impairment | |||||||||
0 | 17,998 | 0 | 0 | - | - | - | - | - | - |
Stock-based compensation expense | |||||||||
11,908 | 8,618 | 7,461 | 6,317 | 6,302 | 5,688 | 3,831 | 3,504 | 2,395 | 2,052 |
Deferred income taxes | |||||||||
2,061 | -1,186 | -2,556 | 1,871 | -1,052 | -3,852 | 1,932 | 83 | 3,743 | -3,556 |
Gain on disposal of business | |||||||||
427 | 0 | 0 | - | - | - | - | - | - | - |
Impairment of Intangible Assets, Finite-lived | |||||||||
- | - | - | - | - | - | 255 | 0 | 0 | - |
Gain on sale of property, plant and equipment | |||||||||
854 | 662 | 142 | 39 | 252 | -109 | 1 | 158 | -113 | -209 |
Provision for uncollectible accounts | |||||||||
5 | 107 | 1,748 | 6,034 | 357 | -159 | 714 | 24 | 447 | 2,892 |
Excess tax benefit of exercised stock options and vesting of deferred shares | |||||||||
- | - | - | - | - | 1,730 | 37 | - | - | 578 |
Other | |||||||||
-701 | -397 | -289 | -240 | -238 | -208 | -163 | -65 | -72 | -484 |
Changes in operating assets and liabilities increasing (decreasing) cash, net of effects from acquisitions and disposals: | |||||||||
Accounts receivable | |||||||||
15,374 | -5,504 | 11,932 | -4,152 | -6,831 | 31,395 | 32,408 | 4,575 | 16,499 | -12,003 |
Costs and estimated earnings in excess of billings on uncompleted contracts | |||||||||
19,809 | -14,548 | -13,567 | 17,930 | 13,063 | -13,540 | 5,211 | 28,506 | -890 | 5,724 |
Inventories | |||||||||
2,872 | 1,415 | -198 | -606 | -272 | 11 | 1,394 | 233 | -1,202 | -1,238 |
Other assets and liabilities | |||||||||
12,246 | -369 | 7,641 | -7,380 | -11,558 | -351 | 2,157 | 1,888 | -2,028 | -615 |
Accounts payable | |||||||||
32,651 | -25,883 | -37,047 | 14,698 | 12,957 | 29,234 | 19,256 | 12,862 | -9,326 | 1,693 |
Billings on uncompleted contracts in excess of costs and estimated earnings | |||||||||
-14,983 | 45,613 | 5,212 | -38,377 | -11,736 | 3,142 | 32,555 | -5,192 | 6,608 | -22,816 |
Accrued expenses | |||||||||
14,427 | 1,796 | -9,643 | 1,657 | -7,754 | 6,468 | 2,796 | -1,718 | 1,027 | -740 |
Net cash provided (used) by operating activities | |||||||||
41,394 | 74,671 | -18,746 | 33,587 | 26,240 | 76,988 | 57,084 | 2,941 | 22,749 | 4,399 |
Investing activities: | |||||||||
Capital expenditures | |||||||||
19,558 | 8,711 | 11,908 | 13,939 | 15,773 | 23,589 | 23,231 | 13,534 | 10,416 | 5,302 |
Acquisition, net of cash acquired | |||||||||
0 | 1,687 | 40,819 | 13,049 | 5,551 | 51,607 | 9,394 | 0 | 3,800 | - |
Proceeds from disposal of business | |||||||||
3,885 | 0 | 0 | - | - | - | - | - | - | - |
Acquisition related adjustment | |||||||||
- | - | - | - | - | - | - | 241 | 0 | - |
Proceeds from asset sales | |||||||||
1,225 | 1,062 | 1,308 | 422 | 750 | 553 | 186 | 598 | 150 | 218 |
Net cash used by investing activities | |||||||||
-14,448 | -9,336 | -51,419 | -26,566 | -20,574 | -74,643 | -32,439 | -12,695 | -14,066 | -5,084 |
Financing activities: | |||||||||
Advances under senior secured revolving credit facility | |||||||||
16,225 | 85,317 | 126,933 | 10,213 | 11,165 | 87,826 | 25,565 | 9,105 | 0 | - |
Repayments of advances under senior secured revolving credit facility | |||||||||
10,896 | 130,248 | 82,251 | 19,017 | 13,982 | 76,205 | 25,565 | 9,105 | 0 | - |
Payments of debt issuance costs | |||||||||
0 | 364 | 1,073 | 0 | 0 | 657 | 0 | 643 | 216 | - |
Open market purchase of treasury shares | |||||||||
5,200 | 0 | 0 | 10,461 | 5,000 | 0 | 0 | 8,126 | 0 | - |
Issuances of common stock | |||||||||
128 | 317 | 253 | 638 | 493 | 1,175 | 875 | 167 | 166 | 115 |
Proceeds from issuance of common stock under employee stock purchase plan | |||||||||
311 | 293 | 305 | 335 | 298 | 136 | 54 | 47 | 10 | - |
Repurchase of common stock for payment of statutory taxes due on equity-based compensation | |||||||||
1,685 | 627 | 2,290 | 4,588 | 2,528 | 1,776 | 1,162 | 537 | 299 | 473 |
Capital contributions from noncontrolling interest | |||||||||
0 | 0 | 855 | 10,892 | 8,546 | 0 | 0 | - | - | - |
Capital lease payments | |||||||||
- | - | - | - | - | - | 42 | 258 | 731 | 1,077 |
Excess tax benefit of exercised stock options and vesting of deferred shares | |||||||||
- | - | - | - | - | 1,730 | 37 | 0 | 50 | 82 |
Repayments of acquired long-term debt | |||||||||
- | - | - | 1,858 | 0 | 0 | - | - | - | - |
Net cash used by financing activities | |||||||||
-1,107 | -45,312 | 42,732 | -13,846 | -1,008 | 12,229 | -238 | -9,350 | -1,020 | -1,353 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||
-181 | 229 | -418 | -758 | -2,534 | -1,209 | -383 | -527 | 795 | 461 |
Increase in cash and cash equivalents | |||||||||
25,658 | 20,252 | -27,851 | -7,583 | 2,124 | 13,365 | 24,024 | -19,631 | 8,458 | -1,577 |
Supplemental disclosure of cash flow information: | |||||||||
Income taxes | |||||||||
3,309 | 1,410 | 11,968 | 9,365 | 6,960 | 19,160 | 12,242 | 12,016 | 6,251 | 8,641 |
Interest paid | |||||||||
1,705 | 2,719 | 1,788 | 881 | 1,281 | 1,224 | 610 | 478 | 632 | 530 |
Non-cash investing and financing activities: | |||||||||
Accrued acquisition working capital adjustment (Note 3) | |||||||||
0 | 0 | 1,687 | 0 | 0 | - | - | - | - | - |
Purchases of property, plant and equipment on account | |||||||||
2,686 | 156 | 483 | 193 | 439 | 527 | 1,146 | 457 | 765 | 41 |
Assumption of debt from acquisition | |||||||||
- | - | - | 1,858 | 0 | 0 | - | - | - | - |