| Feb'20 | Feb'19 | Feb'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | ||||||||||
Net earnings | ||||||||||
68,493 | 66,291 | 65,090 | 52,461 | 30,562 | 45,758 | 45,291 | 31,317 | 29,243 | 16,235 | 1,386 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||||||
Depreciation | ||||||||||
39,116 | 39,880 | 39,998 | 40,069 | 34,476 | 35,165 | 31,677 | 25,310 | 25,959 | 18,216 | 21,354 |
Amortization of intangible assets | ||||||||||
1,171 | 2,610 | 2,404 | 2,150 | 1,951 | 2,481 | 2,225 | 1,025 | 1,195 | 973 | 1,217 |
Loss on sale of discontinued operations | ||||||||||
- | - | - | - | -20,517 | 0 | 0 | - | - | - | - |
Equity compensation expense | ||||||||||
7,620 | 7,327 | 6,413 | 6,445 | 5,241 | 4,103 | 1,659 | 2,756 | 2,180 | 4,549 | 4,003 |
Amortization of deferred financing costs | ||||||||||
384 | 424 | 431 | 693 | 385 | 385 | 443 | 962 | 1,662 | 1,952 | 1,611 |
Change in fair value of contingent consideration | ||||||||||
431 | 970 | - | 0 | - | 275 | 275 | 6,285 | 2,400 | -200 | - |
Loss on repurchase of senior notes | ||||||||||
- | - | - | - | - | - | - | -9,143 | -9,017 | - | -1,759 |
Gain on sale of property and equipment | ||||||||||
- | - | - | - | 853 | 0 | 1,611 | 0 | 0 | - | - |
Deferred income taxes | ||||||||||
-1,973 | 2,927 | 1,817 | 7,880 | -361 | -3,217 | 674 | -3,753 | 5,375 | -4,620 | -8,114 |
Excess tax benefits related to equity-based compensation | ||||||||||
- | - | - | - | - | - | 6,086 | 354 | 398 | - | - |
Changes in working capital, net of acquisitions and dispositions: | ||||||||||
Receivables, net | ||||||||||
-10,271 | 1,560 | 8,270 | -7,377 | -11,371 | 5,672 | 11,917 | 3,026 | 9,740 | -162 | -1,250 |
Inventories, net | ||||||||||
-8,187 | 36,518 | -19,504 | -4,222 | 8,058 | 7,101 | 29,488 | 5,408 | 18,332 | 17,920 | -35,669 |
Prepaid expenses and other current assets | ||||||||||
-606 | -5,848 | 10,479 | 1,799 | 2,641 | 1,646 | 3,068 | 1,640 | 6,030 | 369 | -79 |
Current liabilities | ||||||||||
-14,282 | 5,081 | 1,287 | 434 | -553 | 18,314 | 16,821 | 2,429 | 6,074 | 22,340 | -1,220 |
Other balance sheet changes | ||||||||||
- | - | - | 1,367 | - | - | - | - | - | - | - |
Other non-current assets, net | ||||||||||
283,335 | -2,286 | 642 | - | -1,819 | -37 | 1,031 | 3,886 | -1,684 | 1,260 | 1,390 |
Other non-current liabilities | ||||||||||
285,237 | 811 | 1,040 | - | 11,517 | 6,527 | 6,870 | 5,938 | -6,042 | -4,767 | 3,371 |
Cash provided by operating activities | ||||||||||
121,926 | 96,377 | 118,593 | 118,565 | 105,373 | 95,409 | 52,734 | 67,098 | 44,247 | 35,691 | 60,975 |
Acquisitions, net of cash acquired | ||||||||||
- | 354 | 15,529 | 95,046 | 0 | 0 | 17,888 | 1,813 | 398 | 58,303 | - |
Purchases of property and equipment | ||||||||||
37,421 | 37,043 | 38,748 | 49,415 | 73,082 | 50,355 | 43,372 | 60,702 | 35,310 | 13,328 | 11,308 |
(Payments for) proceeds from sale of discontinued operations | ||||||||||
- | - | - | - | -59,336 | 0 | 0 | - | - | - | - |
Other investing activities | ||||||||||
- | - | - | 2,030 | 200 | 0 | -2,130 | 0 | 0 | -78 | -11 |
Cash used in investing activities | ||||||||||
-37,421 | -37,397 | -54,277 | -146,491 | -13,946 | -50,355 | -59,130 | -62,515 | -35,708 | -71,553 | -11,297 |
Repayment of revolving credit arrangements | ||||||||||
122,241 | 290,526 | 295,326 | 430,995 | 345,485 | 352,784 | 329,695 | 193,328 | 112,212 | 172,082 | 252,764 |
Proceeds from revolving credit arrangements | ||||||||||
109,248 | 257,710 | 249,625 | 478,529 | 281,852 | 320,548 | 354,649 | 307,270 | 114,835 | 172,082 | 219,444 |
Repurchase of senior notes | ||||||||||
- | - | - | - | - | - | - | 111,000 | 52,175 | - | 166,805 |
Proceeds from the issuance of senior notes | ||||||||||
- | - | - | - | - | - | - | - | - | - | 146,029 |
Repayment of company owned life insurance policy loans | ||||||||||
- | - | - | - | - | - | - | - | - | 4,125 | - |
Deferred financing costs paid | ||||||||||
952 | - | - | 1,438 | 0 | 0 | 401 | 1,524 | 0 | - | 5,049 |
Payment of contingent consideration amounts earned | ||||||||||
- | - | - | - | 12,500 | 2,500 | 0 | 4,980 | 0 | - | - |
Proceeds from issuance of common stock | ||||||||||
1,639 | 1,456 | 1,383 | 1,257 | 1,307 | 990 | 7,499 | 2,892 | 3,129 | 177 | 8 |
Repurchase of equity awards for employee tax withholding liabilities | ||||||||||
2,728 | 2,351 | 2,206 | 1,867 | 0 | 0 | 13,199 | 0 | 1,827 | - | - |
Cash dividends declared and paid | ||||||||||
25,215 | 23,054 | 18,188 | 18,119 | 16,640 | 13,873 | 11,915 | 9,924 | 8,568 | 7,275 | 5,889 |
Other financing activities | ||||||||||
-1,049 | - | - | - | - | - | - | - | - | - | - |
Cash used in financing activities | ||||||||||
-41,298 | -56,765 | -64,712 | 27,367 | -91,466 | -47,619 | 6,938 | -10,594 | -56,818 | -11,223 | -65,026 |
Net change in cash and cash equivalents | ||||||||||
43,207 | 2,215 | -396 | - | - | - | - | - | - | - | - |
Effect of foreign currency translation on cash and cash equivalents | ||||||||||
926 | -231 | 407 | - | - | - | - | - | - | - | - |
Cash Flows from Discontinued Operations: | ||||||||||
Net operating cash flows provided by (used in) discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | -19,930 | 20,594 |
Net investing cash flows provided by discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | 102,790 | -15 |
Net cash provided by discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | 17,479 | 82,860 | 20,579 |
Net change in cash and cash equivalents | ||||||||||
- | - | - | -559 | -39 | -2,565 | 542 | -6,011 | -30,800 | 35,775 | 5,231 |
Effect of foreign currency translation on cash and cash equivalents | ||||||||||
- | - | - | 568 | 1,081 | -637 | 424 | 155 | 79 | 31 | -233 |
Cash paid for interest, net | ||||||||||
- | - | - | 2,626 | 2,301 | 3,297 | 3,826 | 8,348 | 15,033 | 18,560 | 20,051 |
Cash paid for income taxes | ||||||||||
- | - | - | 29,872 | 35,369 | 41,806 | 18,158 | 25,442 | 40,839 | 20,859 | 9,741 |