| Mar'20 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||||||||
Net income | ||||||||||||||||||||||||||
13,501 | 11,894 | 2,515 | 8,802 | 14,849 | 14,748 | 16,314 | 22,119 | 19,840 | 7,032 | 15,892 | 15,378 | 23,643 | 13,417 | 12,177 | 15,220 | 18,577 | 30,178 | 18,753 | 10,404 | 16,696 | 14,248 | 18,932 | -17,642 | 6,370 | 2,302 | 5,843 |
Adjustments to reconcile net income to net cash provided (used) by operating activities: | ||||||||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||||||||
8,248 | 8,148 | 7,781 | 7,157 | 6,875 | 6,841 | 6,691 | 6,917 | 6,751 | 6,631 | 6,644 | 6,397 | 6,842 | 6,444 | 6,318 | 6,774 | 5,856 | 5,393 | 5,429 | 5,654 | 5,356 | 5,241 | 5,353 | 5,838 | 5,122 | 5,292 | 5,201 |
Amortization of debt issuance costs and debt discount | ||||||||||||||||||||||||||
220 | 221 | 221 | 220 | 221 | 220 | 221 | 221 | 221 | 220 | 221 | 254 | 253 | 255 | 253 | 255 | 250 | 242 | 242 | 242 | 242 | 241 | 242 | 266 | 396 | 395 | 391 |
Stock-based compensation | ||||||||||||||||||||||||||
565 | 564 | 565 | 565 | 565 | 564 | 565 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Acquisition-related costs of goods sold | ||||||||||||||||||||||||||
0 | 0 | 280 | - | - | - | - | - | 0 | 1,422 | 249 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Acquisition-related accrued compensation | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | 160 | 487 | 437 | - | 420 | 420 | 420 | 420 | 420 | 420 | 420 | - | - | - | - | - | - | - | - |
Acquisition-related accrued interest | ||||||||||||||||||||||||||
68 | 79 | 53 | - | - | - | 0 | - | 290 | 252 | 253 | - | 459 | 462 | 393 | 393 | 394 | 344 | 345 | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||||||||||||||||||
-714 | 87 | -652 | -1,847 | 1,607 | 608 | -473 | -1,624 | 2,288 | 4,955 | 770 | -4,096 | 332 | 2,030 | 1,706 | 873 | -1,502 | -21,653 | 38 | 1,430 | 3,155 | -370 | 546 | 628 | 769 | -659 | 551 |
Foreign currency (gains) losses, net | ||||||||||||||||||||||||||
-808 | 1,792 | -1,660 | 1,609 | 302 | -2,993 | 2,981 | -652 | 1,298 | 334 | -345 | 69 | 1,091 | -196 | -97 | 2,090 | 2,845 | -2,644 | 5,434 | -1,211 | 3,541 | 730 | 316 | -2,979 | 284 | 1,093 | 173 |
Other | ||||||||||||||||||||||||||
-246 | -258 | -116 | -502 | -267 | 1,337 | -266 | -460 | -303 | -205 | -213 | -219 | -236 | -223 | -87 | -68 | -137 | -96 | -53 | -101 | 19 | -76 | 97 | 164 | 183 | 153 | 38 |
Changes in operating assets and liabilities, net of business acquisitions: | ||||||||||||||||||||||||||
Accounts receivable, net | ||||||||||||||||||||||||||
8,897 | 1,159 | -14,065 | 5,755 | 9,018 | 8,821 | 85 | 12,196 | -5,371 | -3,311 | 8,386 | 12,785 | -11,603 | 5,489 | -3,906 | 6,530 | -329 | 1,288 | 5,597 | -5,002 | 3,439 | 4,858 | -1,418 | 5,914 | 4,389 | 9,202 | -4,822 |
Inventories, net | ||||||||||||||||||||||||||
-3,172 | -12,498 | 9,086 | 7,511 | -2,807 | 6,774 | 9,504 | 2,563 | 10,884 | 5,649 | 5,196 | -1,561 | 3,146 | -2,473 | -4,544 | -3,383 | 7,028 | 7,325 | 5,469 | 12,621 | -2,548 | 1,782 | 7,499 | -616 | 1,331 | 906 | 1,565 |
Other current assets | ||||||||||||||||||||||||||
-459 | 1,487 | 813 | 3,062 | 495 | -38 | 3,654 | -1,901 | -2,984 | 293 | 4,458 | 413 | 3,518 | -3,349 | 2,430 | -1,448 | 682 | -1,261 | 1,570 | -5,967 | 3,108 | -1,085 | -3,472 | -1,137 | 744 | -2,225 | 2,649 |
Other assets | ||||||||||||||||||||||||||
-26 | 324 | 1,071 | 152 | 1,013 | -495 | -371 | 225 | 591 | -332 | -332 | 1,048 | -56 | 858 | -346 | 4,777 | -1,573 | 2,899 | 444 | 4,341 | -4 | -69 | -32 | -6,523 | 1,263 | 114 | 43 |
Accounts payable | ||||||||||||||||||||||||||
9,949 | -2,274 | -11,834 | 7,717 | -794 | 2,375 | 2,794 | -4,338 | -689 | 3,821 | 3,652 | 3,269 | -1,721 | 337 | -5,004 | 8,470 | -6,873 | -1,832 | -3,010 | 5,995 | 800 | -7,431 | 5,432 | -1,070 | 293 | 7,587 | -5,128 |
Accrued interest | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6,920 | -6,913 | 6,947 | -6,927 |
Accrued expenses and other liabilities | ||||||||||||||||||||||||||
-701 | 5,378 | -7,370 | 9,852 | 85 | 3,406 | -9,245 | -1,907 | -1,940 | 9,898 | -6,165 | 2,803 | 2,709 | 1,316 | -1,357 | 1,720 | -5,185 | 2,417 | -6,150 | 2,020 | 1,823 | 2,614 | -10,155 | -6,085 | 1,823 | 1,811 | -853 |
Net cash provided (used) by operating activities | ||||||||||||||||||||||||||
26,950 | 32,091 | -3,570 | 14,879 | 15,654 | 15,356 | 1,280 | 10,109 | 22,806 | 32,290 | 4,803 | 13,575 | 37,077 | 26,277 | 21,456 | 26,592 | 5,022 | 7,998 | -2,394 | 21,862 | 21,079 | 8,403 | 17,360 | -17,342 | 234 | 16,618 | -222 |
Capital expenditures | ||||||||||||||||||||||||||
7,854 | 8,440 | 7,675 | 10,117 | 7,657 | 6,068 | 6,049 | 5,529 | 4,168 | 3,853 | 4,998 | 5,503 | 4,813 | 4,653 | 5,911 | 7,704 | 10,995 | 9,559 | 8,094 | 6,955 | 5,375 | 3,753 | 3,975 | 5,598 | 4,483 | 5,543 | 4,222 |
Business acquisitions | ||||||||||||||||||||||||||
0 | -11 | 54,560 | 0 | 0 | 0 | 9,838 | 0 | 0 | 3,438 | 11,562 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other, net | ||||||||||||||||||||||||||
294 | 749 | 296 | 140 | 291 | -289 | 262 | -508 | 856 | 444 | 272 | -729 | 1,590 | 226 | -25 | 5 | 121 | -17 | -246 | 27 | 4,811 | -794 | -15 | -324 | -101 | -8 | -1 |
Net cash provided (used) by investing activities | ||||||||||||||||||||||||||
-14,148 | -34,178 | -62,531 | 14,743 | -7,948 | -4,779 | -16,149 | -10,021 | -23,024 | -34,735 | -16,832 | -4,774 | -6,403 | -4,879 | -5,886 | -7,739 | -57,662 | -9,542 | -7,848 | -12,359 | -15,186 | -2,959 | -3,960 | -5,274 | -4,382 | -5,535 | -4,221 |
Revolving credit facility borrowings | ||||||||||||||||||||||||||
39,000 | 36,000 | 119,000 | 56,000 | 54,000 | 32,000 | 71,000 | 59,130 | 56,000 | 48,000 | 61,870 | 112,000 | 45,500 | 39,000 | 34,000 | 33,000 | 122,000 | 45,000 | 55,500 | - | - | - | - | 30,500 | 69,500 | 33,000 | 42,500 |
Revolving credit facility repayments | ||||||||||||||||||||||||||
42,000 | 55,000 | 47,000 | 56,000 | 46,000 | 29,000 | 56,000 | 54,630 | 61,500 | 62,000 | 41,870 | 77,000 | 64,000 | 52,500 | 41,000 | 46,000 | 60,000 | 45,500 | 38,000 | - | - | - | - | 73,000 | 59,000 | 49,000 | 28,500 |
Payments of long-term debt and other | ||||||||||||||||||||||||||
-3,125 | -3,146 | -3,215 | 22,153 | -3,145 | -3,144 | -3,215 | 1,582 | 1,583 | 1,584 | 1,652 | 282,025 | 726 | 2,047 | 729 | 731 | 732 | 1,732 | 734 | 732 | 1,754 | 743 | 861 | 333,334 | 862 | 1,161 | 17 |
Issuance of acquisition note payable | ||||||||||||||||||||||||||
- | - | - | - | 0 | 0 | 3,775 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from common shares issued | ||||||||||||||||||||||||||
- | - | - | 0 | 793 | 130 | 211 | 407 | 1,592 | 214 | 3,486 | - | - | - | - | 52 | 1,887 | 1,385 | 693 | - | - | - | - | - | - | - | - |
Dividends paid | ||||||||||||||||||||||||||
4,854 | 4,855 | 4,854 | 4,854 | 4,855 | 4,846 | 4,037 | 4,036 | 4,029 | 4,019 | 3,989 | 3,986 | 3,959 | 3,941 | 3,941 | 3,941 | 3,940 | 3,917 | 3,910 | 3,903 | 3,901 | 3,895 | 3,896 | - | - | - | - |
Net cash provided (used) by financing activities | ||||||||||||||||||||||||||
-10,979 | -27,001 | 63,931 | -7,999 | -2,982 | -4,860 | 11,734 | -711 | -9,520 | -19,389 | 17,845 | -1,975 | -20,715 | -19,378 | -11,670 | -17,620 | 59,215 | -4,764 | 13,549 | -917 | -5,197 | -4,480 | -4,757 | 23,319 | -15,362 | -17,161 | 13,983 |
Effect of exchange rate changes on cash | ||||||||||||||||||||||||||
-1,255 | 375 | -510 | 74 | -184 | -241 | -173 | -762 | 106 | -78 | 198 | -53 | 131 | -215 | -90 | 147 | 278 | -137 | -706 | -174 | -581 | -24 | -715 | 139 | 15 | -299 | -58 |
Net increase (decrease) in cash and cash equivalents | ||||||||||||||||||||||||||
568 | -28,713 | -2,680 | 21,697 | 4,540 | 5,476 | -3,308 | -1,385 | -9,632 | -21,912 | 6,014 | 6,773 | 10,090 | 1,805 | 3,810 | 1,380 | 6,853 | -6,445 | 2,601 | 8,412 | 115 | 940 | 7,928 | 842 | -19,495 | -6,377 | 9,482 |
Non-cash investing and financing activities | ||||||||||||||||||||||||||
Capital/leasehold improvements | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 1,315 |