| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||||
Operating activities: | |||||||||||
Net loss | |||||||||||
-62,371 | -437,012 | 72,793 | 108,787 | 103,409 | 66,503 | 110,882 | 109,003 | 115,198 | 110,579 | 104,658 | 93,327 |
Adjustments to reconcile net loss to cash provided by (used for) operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
116,678 | 101,927 | 59,443 | 55,393 | 65,982 | 63,407 | 50,586 | 39,604 | 34,135 | 29,148 | 25,265 | 21,955 |
Share-based compensation expense | |||||||||||
15,803 | 16,376 | 11,911 | 12,042 | 11,306 | 8,207 | 6,381 | 5,697 | 5,674 | 6,358 | 7,035 | 7,563 |
Impairment charges | |||||||||||
32,112 | 439,613 | - | - | - | - | - | - | - | - | - | - |
Deferred income tax benefit | |||||||||||
-17,402 | -35,018 | - | - | - | - | - | - | - | - | - | - |
Goodwill and intangible asset impairment charges | |||||||||||
- | - | 0 | 0 | - | - | - | - | - | - | - | - |
Provision for losses on accounts receivable | |||||||||||
12,914 | 9,430 | 2,674 | 377 | -24 | 448 | 787 | 1,004 | 2,176 | 1,808 | 3,976 | 4,274 |
Provision for LIFO reserve | |||||||||||
- | - | - | - | - | - | - | - | - | 11,088 | 2,708 | 13,172 |
Deferred income tax expense (benefit) | |||||||||||
- | - | -49,988 | 4,218 | -6,101 | -3,385 | 3,713 | 1,060 | 14,520 | -94 | 10,869 | 17,618 |
Changes in operating lease right-of-use assets and lease liabilities | |||||||||||
2,599 | 0 | - | - | - | - | - | - | - | - | - | - |
Loss from discontinued operations, net of tax | |||||||||||
- | - | - | - | - | - | - | - | - | - | -12,201 | -7,930 |
Loss on early retirement of debt | |||||||||||
- | - | - | - | - | -14,890 | 0 | 0 | - | - | - | - |
Pension expense | |||||||||||
- | - | - | - | - | - | - | - | - | 21,366 | 752 | 355 |
Pension contributions | |||||||||||
- | - | - | - | - | - | - | - | 409 | 13,850 | 1,500 | -1,500 |
Loss on interest rate swaps | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 3,141 |
Changes in operating assets and liabilities: | |||||||||||
Accounts receivable | |||||||||||
-63,526 | -11,106 | 100,010 | 25,244 | -18,333 | 17,803 | 38,645 | -27,161 | 37,273 | -24,611 | -19,255 | 48,464 |
Merchandise inventories | |||||||||||
-127,921 | 65,451 | 57,032 | -22,589 | 69,727 | 57,329 | 7,064 | -58,734 | 86,250 | 41,315 | 13,528 | 56,156 |
Accounts payable | |||||||||||
-235,631 | 92,179 | 143,947 | 43,430 | 114,011 | -52,148 | 47,374 | -18,694 | 44,058 | -15,254 | 33,963 | -13,584 |
Net change in other assets and liabilities | |||||||||||
-104,801 | 23,604 | 33,263 | 37,559 | -30,177 | 25,828 | 32,337 | 4,490 | 24,654 | -9,334 | -13,756 | 13,859 |
Other, net | |||||||||||
-10,333 | -6,043 | -6,299 | -3,662 | -2,877 | 723 | 1,123 | 573 | -1,244 | 596 | 1,372 | -612 |
Cash provided by (used for) operating activities | |||||||||||
166,085 | 115,589 | 56,774 | 187,695 | 270,243 | -3,761 | 140,554 | 218,506 | 68,419 | 143,183 | 218,038 | 62,878 |
Investing activities: | |||||||||||
Additions to property and equipment | |||||||||||
42,419 | 44,873 | 34,613 | 20,302 | 20,531 | 48,424 | 28,119 | 9,832 | 24,981 | 31,221 | 19,746 | 17,669 |
Investing activities: | |||||||||||
Acquisitions, net of cash acquired | |||||||||||
0 | 751,834 | 366,569 | 0 | 0 | 248,536 | 0 | 155,210 | 0 | - | - | - |
Additions to computer software and intangible assets | |||||||||||
9,809 | 20,812 | 16,124 | 9,819 | 16,085 | 22,384 | 32,010 | 29,131 | 11,334 | 10,128 | 12,543 | 9,281 |
Net cash received related to acquisitions of businesses | |||||||||||
- | - | - | - | - | - | - | - | - | - | -6,994 | -96,790 |
Proceeds from sale of property and equipment | |||||||||||
331 | 1,690 | 663 | 5,375 | 143 | 156 | 3,051 | 3,298 | 2,430 | 3,926 | 4,080 | 409 |
Proceeds from investment sale | |||||||||||
- | - | - | - | - | -1,937 | 0 | 0 | - | - | - | - |
Cash used for investing activities | |||||||||||
-51,897 | -815,829 | -416,643 | -24,746 | -36,473 | -317,251 | -57,078 | -190,875 | -33,885 | -37,423 | -21,215 | -123,331 |
Financing activities: | |||||||||||
Borrowings under revolving credit facility | |||||||||||
- | - | - | - | - | - | - | 0 | - | - | 151,386 | 742,914 |
Financing activities: | |||||||||||
Proceeds from issuance of debt | |||||||||||
0 | 695,750 | 250,000 | 0 | 0 | 547,693 | 0 | 0 | - | - | - | - |
(Repayments) borrowings under revolving credit facility | |||||||||||
-32,200 | 105,500 | 104,600 | 0 | -33,700 | 33,700 | 0 | - | - | - | - | - |
Repayments of debt | |||||||||||
85,592 | 16,250 | 3,125 | 0 | 0 | 217,352 | 0 | 0 | - | - | - | - |
Financing costs paid | |||||||||||
4,313 | 28,512 | 1,798 | 0 | 0 | 5,391 | 0 | 1,303 | 0 | 2,795 | - | - |
Repayment of revolving credit facility | |||||||||||
- | - | - | - | - | - | - | - | - | - | 301,964 | 668,836 |
Cash dividends paid | |||||||||||
5,226 | 48,200 | 63,151 | 63,382 | 63,651 | 63,104 | 60,731 | 55,681 | 50,909 | 44,780 | 38,370 | 33,048 |
Repurchases of common stock | |||||||||||
- | - | 5,000 | 71,028 | 20,000 | 9,934 | 18,876 | 15,000 | 16,124 | - | - | - |
Increase (decrease) in drafts payable | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 11,316 |
Proceeds from exercise of stock options | |||||||||||
- | - | - | - | - | 1,180 | 5,352 | 4,986 | 9,179 | 7,234 | 6,593 | 8,968 |
Excess tax benefits related to share-based compensation | |||||||||||
- | - | - | - | - | 582 | 898 | 1,293 | 2,154 | 2,091 | 2,570 | 3,421 |
Purchase of noncontrolling interest | |||||||||||
- | - | - | - | - | 1,500 | 0 | 0 | - | - | - | - |
Proceeds from termination of interest rate swaps | |||||||||||
- | - | - | - | - | - | - | - | 4,005 | - | - | -3,795 |
Other, net | |||||||||||
-2,866 | -7,217 | -8,720 | -8,294 | -7,528 | -7,314 | -8,623 | -2,710 | -5,836 | -2,773 | -2,045 | -3,267 |
Cash (used for) provided by financing activities | |||||||||||
-130,197 | 701,071 | 272,806 | -142,704 | -124,879 | 278,560 | -81,980 | -68,415 | -57,531 | -41,023 | -181,830 | 65,263 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||
-2,671 | -1,986 | - | - | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||
-18,680 | -1,155 | - | - | - | - | - | - | - | - | - | - |
Discontinued operations: | |||||||||||
Operating cash flows | |||||||||||
- | - | - | - | - | - | - | - | -278 | -1,660 | 10,257 | -7,115 |
Investing cash flows | |||||||||||
- | - | - | - | - | - | - | - | - | - | 63,000 | -204 |
Net cash used for discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | -278 | -1,660 | 73,257 | -7,319 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||
- | - | 6,097 | 4,223 | -4,643 | -2,681 | 2,521 | 2,734 | 0 | - | - | - |
Net (decrease) increase in cash and cash equivalents | |||||||||||
- | - | -80,966 | 24,468 | 104,248 | -45,133 | 4,017 | -38,050 | -23,275 | 63,077 | 88,250 | -2,509 |
Supplemental disclosure of cash flow information: | |||||||||||
Income taxes paid (received), net of refunds | |||||||||||
-6,198 | 19,151 | - | - | - | - | - | - | - | - | - | - |
Interest paid | |||||||||||
95,413 | 68,585 | - | - | - | - | - | - | - | - | - | - |