| 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 | ||||||||||||||||||||||||||
36,712 | 38,060 | 40,914 | 54,713 | 68,030 | 73,021 | 65,305 | 64,883 | 58,142 | 61,945 | 68,330 | 64,615 | 64,457 | 59,391 | 76,152 | 82,728 | 77,912 | 76,031 | 60,101 | 60,280 | 32,234 | 21,908 | 9,962 | -3,127 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided (used) by operating activities: | ||||||||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||||||||
31,334 | 29,961 | 28,654 | 27,564 | 27,324 | 27,200 | 26,990 | 26,943 | 26,423 | 26,514 | 26,327 | 26,001 | 26,378 | 25,392 | 24,341 | 23,452 | 22,332 | 21,832 | 21,680 | 21,604 | 21,788 | 21,554 | 21,605 | 21,453 | 0 | 0 | 0 |
Amortization of debt issuance costs and debt discount | ||||||||||||||||||||||||||
882 | 883 | 882 | 882 | 883 | 883 | 883 | 883 | 916 | 948 | 983 | 1,015 | 1,016 | 1,013 | 1,000 | 989 | 976 | 968 | 967 | 967 | 991 | 1,145 | 1,299 | 1,448 | 0 | 0 | 0 |
Stock-based compensation | ||||||||||||||||||||||||||
2,259 | 2,259 | 2,259 | 2,259 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Acquisition-related costs of goods sold | ||||||||||||||||||||||||||
0 | 0 | 0 | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Acquisition-related accrued compensation | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | 1,697 | - | 1,680 | 1,680 | 1,680 | 1,680 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Acquisition-related accrued interest | ||||||||||||||||||||||||||
0 | 0 | 0 | - | - | - | 0 | - | 0 | 0 | 1,233 | - | 1,707 | 1,642 | 1,524 | 1,476 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||||||||||||||||||
-3,126 | -805 | -284 | -105 | 118 | 799 | 5,146 | 6,389 | 3,917 | 1,961 | -964 | -28 | 4,941 | 3,107 | -20,576 | -22,244 | -21,687 | -17,030 | 4,253 | 4,761 | 3,959 | 1,573 | 1,284 | 1,289 | 0 | 0 | 0 |
Foreign currency (gains) losses, net | ||||||||||||||||||||||||||
933 | 2,043 | -2,742 | 1,899 | -362 | 634 | 3,961 | 635 | 1,356 | 1,149 | 619 | 867 | 2,888 | 4,642 | 2,194 | 7,725 | 4,424 | 5,120 | 8,494 | 3,376 | 1,608 | -1,649 | -1,286 | -1,429 | 0 | 0 | 0 |
Other | ||||||||||||||||||||||||||
-1,122 | -1,143 | 452 | 302 | 344 | 308 | -1,234 | -1,181 | -940 | -873 | -891 | -765 | -614 | -515 | -388 | -354 | -387 | -231 | -211 | -61 | 204 | 368 | 597 | 538 | 0 | 0 | 0 |
Changes in operating assets and liabilities, net of business acquisitions: | ||||||||||||||||||||||||||
Accounts receivable, net | ||||||||||||||||||||||||||
1,746 | 1,867 | 9,529 | 23,679 | 30,120 | 15,731 | 3,599 | 11,900 | 12,489 | 6,257 | 15,057 | 2,765 | -3,490 | 7,784 | 3,583 | 13,086 | 1,554 | 5,322 | 8,892 | 1,877 | 12,793 | 13,743 | 18,087 | 14,683 | 0 | 0 | 0 |
Inventories, net | ||||||||||||||||||||||||||
927 | 1,292 | 20,564 | 20,982 | 16,034 | 29,725 | 28,600 | 24,292 | 20,168 | 12,430 | 4,308 | -5,432 | -7,254 | -3,372 | 6,426 | 16,439 | 32,443 | 22,867 | 17,324 | 19,354 | 6,117 | 9,996 | 9,120 | 3,186 | 0 | 0 | 0 |
Other current assets | ||||||||||||||||||||||||||
4,903 | 5,857 | 4,332 | 7,173 | 2,210 | -1,269 | -938 | -134 | 2,180 | 8,682 | 5,040 | 3,012 | 1,151 | -1,685 | 403 | -457 | -4,976 | -2,550 | -2,374 | -7,416 | -2,586 | -4,950 | -6,090 | 31 | 0 | 0 | 0 |
Other assets | ||||||||||||||||||||||||||
1,521 | 2,560 | 1,741 | 299 | 372 | -50 | 113 | 152 | 975 | 328 | 1,518 | 1,504 | 5,233 | 3,716 | 5,757 | 6,547 | 6,111 | 7,680 | 4,712 | 4,236 | -6,628 | -5,361 | -5,178 | -5,103 | 0 | 0 | 0 |
Accounts payable | ||||||||||||||||||||||||||
3,558 | -7,185 | -2,536 | 12,092 | 37 | 142 | 1,588 | 2,446 | 10,053 | 9,021 | 5,537 | -3,119 | 2,082 | -3,070 | -5,239 | -3,245 | -5,720 | 1,953 | -3,646 | 4,796 | -2,269 | -2,776 | 12,242 | 1,682 | 0 | 0 | 0 |
Accrued interest | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -13,813 | 0 | 0 | 0 |
Accrued expenses and other liabilities | ||||||||||||||||||||||||||
7,159 | 7,945 | 5,973 | 4,098 | -7,661 | -9,686 | -3,194 | -114 | 4,596 | 9,245 | 663 | 5,471 | 4,388 | -3,506 | -2,405 | -7,198 | -6,898 | 110 | 307 | -3,698 | -11,803 | -11,803 | -12,606 | -3,304 | 0 | 0 | 0 |
Net cash provided (used) by operating activities | ||||||||||||||||||||||||||
70,350 | 59,054 | 42,319 | 47,169 | 42,399 | 49,551 | 66,485 | 70,008 | 73,474 | 87,745 | 81,732 | 98,385 | 111,402 | 79,347 | 61,068 | 37,218 | 32,488 | 48,545 | 48,950 | 68,704 | 29,500 | 8,655 | 16,870 | -712 | 0 | 0 | 0 |
Capital expenditures | ||||||||||||||||||||||||||
34,086 | 33,889 | 31,517 | 29,891 | 25,303 | 21,814 | 19,599 | 18,548 | 18,522 | 19,167 | 19,967 | 20,880 | 23,081 | 29,263 | 34,169 | 36,352 | 35,603 | 29,983 | 24,177 | 20,058 | 18,701 | 17,809 | 19,599 | 19,846 | 0 | 0 | 0 |
Business acquisitions | ||||||||||||||||||||||||||
54,549 | 54,549 | 54,560 | 9,838 | 9,838 | 9,838 | 13,276 | 15,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other, net | ||||||||||||||||||||||||||
1,479 | 1,476 | 438 | 404 | -244 | 321 | 1,054 | 1,064 | 843 | 1,577 | 1,359 | 1,062 | 1,796 | 327 | 84 | -137 | -115 | 4,575 | 3,798 | 4,029 | 3,678 | -1,234 | -448 | -434 | 0 | 0 | 0 |
Net cash provided (used) by investing activities | ||||||||||||||||||||||||||
-96,114 | -89,914 | -60,515 | -14,133 | -38,897 | -53,973 | -83,929 | -84,612 | -79,365 | -62,744 | -32,888 | -21,942 | -24,907 | -76,166 | -80,829 | -82,791 | -87,411 | -44,935 | -38,352 | -34,464 | -27,379 | -16,575 | -19,151 | -19,412 | 0 | 0 | 0 |
Revolving credit facility borrowings | ||||||||||||||||||||||||||
250,000 | 265,000 | 261,000 | 213,000 | 216,130 | 218,130 | 234,130 | 225,000 | 277,870 | 267,370 | 258,370 | 230,500 | 151,500 | 228,000 | 234,000 | 255,500 | 0 | 0 | 0 | - | - | - | - | 175,500 | 0 | 0 | 0 |
Revolving credit facility repayments | ||||||||||||||||||||||||||
200,000 | 204,000 | 178,000 | 187,000 | 185,630 | 201,130 | 234,130 | 220,000 | 242,370 | 244,870 | 235,370 | 234,500 | 203,500 | 199,500 | 192,500 | 189,500 | 0 | 0 | 0 | - | - | - | - | 209,500 | 0 | 0 | 0 |
Payments of long-term debt and other | ||||||||||||||||||||||||||
12,667 | 12,647 | 12,649 | 12,649 | -7,922 | -3,194 | 1,534 | 6,401 | 286,844 | 285,987 | 286,450 | 285,527 | 4,233 | 4,239 | 3,924 | 3,929 | 3,930 | 4,952 | 3,963 | 4,090 | 336,692 | 335,800 | 336,218 | 335,374 | 0 | 0 | 0 |
Issuance of acquisition note payable | ||||||||||||||||||||||||||
- | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from common shares issued | ||||||||||||||||||||||||||
- | - | - | 1,134 | 1,541 | 2,340 | 2,424 | 5,699 | 0 | 0 | 0 | - | - | - | - | 4,017 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Dividends paid | ||||||||||||||||||||||||||
19,417 | 19,418 | 19,409 | 18,592 | 17,774 | 16,948 | 16,121 | 16,073 | 16,023 | 15,953 | 15,875 | 15,827 | 15,782 | 15,763 | 15,739 | 15,708 | 15,670 | 15,631 | 15,609 | 15,595 | 0 | 0 | 0 | - | - | - | - |
Net cash provided (used) by financing activities | ||||||||||||||||||||||||||
17,952 | 25,949 | 48,090 | -4,107 | 3,181 | -3,357 | -17,886 | -11,775 | -13,039 | -24,234 | -24,223 | -53,738 | -69,383 | 10,547 | 25,161 | 50,380 | 67,083 | 2,671 | 2,955 | -15,351 | 8,885 | -1,280 | -13,961 | 4,779 | 0 | 0 | 0 |
Effect of exchange rate changes on cash | ||||||||||||||||||||||||||
-1,316 | -245 | -861 | -524 | -1,360 | -1,070 | -907 | -536 | 173 | 198 | 61 | -227 | -27 | 120 | 198 | -418 | -739 | -1,598 | -1,485 | -1,494 | -1,181 | -585 | -860 | -203 | 0 | 0 | 0 |
Net increase (decrease) in cash and cash equivalents | ||||||||||||||||||||||||||
-9,128 | -5,156 | 29,033 | 28,405 | 5,323 | -8,849 | -36,237 | -26,915 | -18,757 | 965 | 24,682 | 22,478 | 17,085 | 13,848 | 5,598 | 4,389 | 11,421 | 4,683 | 12,068 | 17,395 | 9,825 | -9,785 | -17,102 | -15,548 | 0 | 0 | 0 |
Non-cash investing and financing activities | ||||||||||||||||||||||||||
Capital/leasehold improvements | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |