| Oct'19 | Oct'18 | Oct'17 | Oct'16 | Oct'15 | Oct'14 | Oct'13 | Oct'12 | Oct'11 | Oct'10 | Oct'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | ||||||||||
Net income (loss) | ||||||||||
-46,730 | 26,553 | 18,683 | -1,859 | 16,093 | 29,234 | -11,703 | -16,534 | 9,066 | 23,098 | -137,091 |
Adjustments to reconcile net income (loss) to cash used for operating activities: | ||||||||||
Loss (gain) on disposition of capital assets | ||||||||||
-732 | 142 | -1,528 | 20 | -495 | -586 | 449 | -989 | 374 | 677 | - |
Loss (income) from discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | -1,103 | -1,012 |
Depreciation and amortization | ||||||||||
49,586 | 51,822 | 57,495 | 53,146 | 35,220 | 36,910 | 60,504 | 37,596 | 33,932 | 28,283 | 32,523 |
Stock-based compensation | ||||||||||
2,045 | 1,874 | 5,189 | 6,089 | 4,266 | 3,925 | 4,910 | 4,403 | 4,703 | 4,456 | 3,429 |
Deferred income tax | ||||||||||
3,260 | -5,556 | -112 | -8,469 | 5,204 | 14,246 | -8,288 | -9,843 | 3,361 | 12,294 | -43,609 |
Excess tax benefit from share-based compensation | ||||||||||
- | - | - | - | 60 | 654 | -236 | -496 | -226 | - | - |
Noncash charge for deferred loan costs and debt discount | ||||||||||
0 | 1,064 | 0 | 16,022 | 0 | 0 | - | - | - | - | - |
Gain on bargain purchase | ||||||||||
- | - | - | - | - | - | - | - | - | 1,272 | - |
Restructuring charges | ||||||||||
- | - | - | - | - | - | 0 | -122 | 721 | 0 | - |
Other, net | ||||||||||
-2,176 | -135 | -1,741 | -339 | 19 | -2,105 | 781 | 2,638 | 949 | - | - |
Goodwill impairment charges | ||||||||||
74,600 | 0 | - | - | - | - | - | - | - | - | - |
Asset impairment charges | ||||||||||
74,600 | 0 | 0 | 12,602 | 0 | 1,007 | 1,465 | 912 | 1,799 | 0 | 182,562 |
Gain on sale of discontinued operations | ||||||||||
- | - | - | - | - | 39,122 | - | - | - | - | - |
Gain on involuntary conversion | ||||||||||
- | - | - | - | 1,263 | 2,408 | - | - | - | - | - |
Changes in assets and liabilities: | ||||||||||
Decrease in accounts receivable | ||||||||||
-574 | 5,550 | -5,378 | -796 | -2,668 | -484 | -9,204 | -4,250 | 13,761 | 6,365 | -18,636 |
Increase in inventory | ||||||||||
-3,797 | -17,230 | 3,240 | -5,346 | -9,805 | 25,650 | 12,791 | -10,288 | -530 | -3,142 | -16,503 |
Decrease in other current assets | ||||||||||
2,014 | -217 | -186 | -2,503 | 1,304 | 1,098 | 1,622 | -50 | 741 | 510 | 122 |
Decrease in accounts payable | ||||||||||
8,124 | 8,325 | -4,893 | -2,273 | -2,862 | 12,842 | -5,903 | 14,920 | -13,349 | 4,572 | -12,306 |
Decrease in accrued liabilities | ||||||||||
-6,760 | 6,892 | -7,521 | 2,033 | -576 | -6,871 | -7,473 | 8,539 | -7,125 | 9,509 | -3,119 |
(Decrease) increase in income taxes payable | ||||||||||
3,416 | 676 | 4,670 | -365 | 369 | 866 | 1,708 | -547 | -493 | 9,599 | -922 |
Increase in deferred pension and postretirement benefits | ||||||||||
2,531 | 2,038 | -271 | 588 | -372 | -347 | -164 | -693 | 2,768 | -1,846 | -407 |
Decrease in other long-term liabilities | ||||||||||
513 | -523 | 1,382 | 956 | -283 | -2,172 | 1,574 | 678 | 778 | - | - |
Other, net | ||||||||||
-522 | 444 | 437 | 93 | 294 | 3,105 | 688 | 604 | 1,714 | -4,176 | -4,213 |
Cash provided by operating activities | ||||||||||
- | - | - | 87,341 | 67,087 | 20,778 | - | - | - | 89,562 | 61,302 |
Cash provided by (used for) operating activities from discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | -430 | -811 |
Cash used for operating activities | ||||||||||
96,372 | 104,611 | 79,778 | - | - | - | 43,521 | 26,478 | 52,944 | 89,132 | 60,491 |
Investing activities: | ||||||||||
Net proceeds from sale of discontinued operations | ||||||||||
- | - | - | - | - | 107,431 | - | - | - | - | - |
Acquisitions, net of cash acquired | ||||||||||
- | - | - | 245,904 | 131,689 | 5,161 | 22,096 | 0 | 110,845 | 1,590 | - |
Payments to Acquire Property, Plant, and Equipment | ||||||||||
24,883 | 26,484 | 34,564 | 37,243 | 29,982 | 33,779 | 37,931 | 42,871 | 25,312 | 14,720 | 15,696 |
Proceeds from disposition of capital assets | ||||||||||
1,324 | 432 | 1,937 | 1,044 | 264 | 832 | 340 | 44 | 107 | - | - |
Proceeds from property insurance claim | ||||||||||
- | - | - | - | 1,263 | 4,801 | 0 | 1,123 | 0 | 392 | 1,400 |
Other, net | ||||||||||
- | - | - | - | - | - | - | - | - | -43 | 57 |
Proceeds from executive life Insurance | ||||||||||
- | - | - | - | - | - | 0 | 0 | 683 | 0 | - |
Cash used for investing activities | ||||||||||
- | - | - | -282,103 | -160,144 | 74,124 | - | - | - | -15,875 | -14,353 |
Cash provided by (used for) investing activities from discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | 90 | -457 |
Cash used for investing activities | ||||||||||
-23,559 | -26,052 | -32,627 | - | - | - | -59,687 | -41,704 | -135,367 | -15,785 | -14,810 |
Financing activities: | ||||||||||
Borrowings under credit facility | ||||||||||
83,500 | 268,500 | 53,500 | 634,800 | 117,000 | 0 | 23,500 | 0 | 0 | - | - |
Repayments of Lines of Credit | ||||||||||
136,000 | 296,250 | 98,875 | 422,875 | 67,000 | 0 | 23,500 | 0 | 0 | - | - |
Issuance of common stock from stock option exercises, including related tax benefits | ||||||||||
- | - | - | - | - | - | - | - | - | 502 | - |
Debt issuance costs | ||||||||||
0 | 1,001 | 0 | 11,435 | 496 | 0 | 1,200 | 0 | 0 | - | - |
Repayments of other long-term debt | ||||||||||
1,526 | 1,798 | 2,722 | 2,185 | 1,020 | 175 | 557 | 264 | 340 | 323 | 363 |
Common stock dividends paid | ||||||||||
10,644 | 7,020 | 5,516 | 5,470 | 5,515 | 5,992 | 5,931 | 5,891 | 5,979 | 5,275 | 4,519 |
Issuance of common stock | ||||||||||
3,287 | 4,746 | 7,953 | 3,400 | 5,109 | 3,249 | 2,583 | 3,015 | 867 | - | - |
Payment of acquisition earn-out contingency | ||||||||||
0 | 0 | 8,497 | - | - | - | - | - | - | - | - |
Cash paid for payroll tax for shares forfeited upon vesting | ||||||||||
330 | 960 | 976 | 787 | - | - | - | - | - | - | - |
Excess tax benefit from share-based compensation | ||||||||||
- | - | - | - | 60 | 654 | 236 | 496 | 226 | - | - |
Purchase of treasury stock | ||||||||||
9,551 | 32,034 | 0 | 0 | 52,719 | 22,281 | 0 | 1,284 | 10,080 | 4,274 | - |
Funding from Separation | ||||||||||
- | - | - | - | - | - | - | - | - | - | 15,401 |
Other, net | ||||||||||
- | - | - | - | - | 86 | - | - | 392 | -665 | -876 |
Cash provided by (used for) financing activities | ||||||||||
- | - | - | 195,448 | -4,581 | -24,459 | - | - | - | -10,035 | 9,643 |
Cash provided by (used for) financing activities from discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | 665 | 865 |
Cash provided by financing activities | ||||||||||
-71,264 | -65,817 | -55,133 | - | - | - | -4,869 | -3,928 | -14,914 | -9,370 | 10,508 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
316 | -1,194 | -89 | 1,715 | 379 | 207 | -484 | 790 | -222 | 27 | 36 |
Less: (Increase) decrease in cash and equivalents from discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | -325 | 403 |
Decrease in cash and cash equivalents | ||||||||||
1,865 | 11,548 | -8,071 | 2,401 | -97,259 | 70,650 | -21,519 | -18,364 | -97,559 | 63,679 | 56,628 |