| Jan'20 | Jan'19 | Jan'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 |
|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES: | ||||||||||
Net income | ||||||||||
34,613 | 51,873 | 41,019 | 20,192 | 4,848 | 31,796 | 42,902 | 52,555 | 50,635 | 40,537 | 28,574 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Depreciation | ||||||||||
13,770 | 13,296 | 12,743 | 13,169 | 13,856 | 14,761 | 12,449 | 11,496 | 8,180 | 6,512 | 6,611 |
Amortization of intangible assets | ||||||||||
2,471 | 1,827 | 2,059 | 2,267 | 3,280 | 2,608 | 1,746 | 1,602 | 1,088 | 1,119 | 497 |
Change in fair value of acquisition-related contingent consideration | ||||||||||
412 | 708 | 457 | 36 | -1,488 | 714 | 540 | 784 | -14 | 274 | 94 |
Goodwill impairment loss | ||||||||||
- | - | - | - | 11,497 | 0 | 0 | - | - | - | - |
Long-lived asset impairment loss | ||||||||||
0 | 0 | 259 | 87 | 3,826 | 0 | 0 | - | - | - | - |
Gain on disposition of assets | ||||||||||
- | - | - | - | - | - | - | - | - | 451 | 0 |
Gain on acquisition-related contingent liability settlement | ||||||||||
- | - | - | - | - | - | - | 508 | 0 | 0 | - |
Loss from equity investments | ||||||||||
0 | 0 | -114 | -72 | 83 | 28 | 116 | 156 | 156 | 195 | 10 |
Gain from sale of equity method investments | ||||||||||
0 | 5,785 | 0 | 0 | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||
1,506 | 953 | -787 | 307 | -6,039 | -958 | 623 | -1,803 | 5,358 | 423 | 95 |
Share-based compensation expense | ||||||||||
4,971 | 3,951 | 3,725 | 3,071 | 2,311 | 4,213 | 4,198 | 3,075 | 1,922 | 1,179 | 1,034 |
Other operating activities, net | ||||||||||
-335 | -2,424 | 2,053 | 2,390 | 2,112 | -996 | 943 | 212 | -106 | -40 | -187 |
Change in operating assets and liabilities: | ||||||||||
Change in operating assets and liabilities | ||||||||||
2,536 | -1,553 | 16,681 | -7,045 | -9,888 | -7,973 | 10,449 | 9,199 | -23,076 | -7,273 | 10,935 |
Net cash provided by operating activities | ||||||||||
54,872 | 65,952 | 44,961 | 48,636 | 44,008 | 60,083 | 52,836 | 76,456 | 43,831 | 42,085 | 47,643 |
INVESTING ACTIVITIES: | ||||||||||
Capital expenditures | ||||||||||
8,560 | 14,127 | 12,011 | 4,796 | 13,046 | 17,041 | 30,701 | 29,675 | 29,015 | 13,972 | 3,302 |
Payments related to business acquisitions, net of cash acquired | ||||||||||
53,317 | 7,671 | 13,267 | 0 | -351 | 12,472 | 0 | 0 | 11,787 | 399 | 2,000 |
Proceeds from sale or maturities of investments | ||||||||||
1,170 | 7,334 | 250 | 250 | 250 | 500 | 0 | 0 | 1,000 | 3,700 | 500 |
Purchases of investments | ||||||||||
1,118 | 745 | 273 | 750 | 250 | 750 | 250 | - | - | - | - |
Proceeds (disbursements) from sale of assets, settlement of liabilities | ||||||||||
-3,459 | -832 | 333 | -1,188 | -2,124 | - | - | - | - | - | - |
Proceeds from sale of assets | ||||||||||
- | - | - | - | - | 0 | 0 | - | - | - | - |
Purchases of short-term investments | ||||||||||
- | - | - | - | - | - | - | 0 | 0 | 1,700 | 3,500 |
Purchase of equity investment | ||||||||||
- | - | - | - | - | - | - | - | - | - | 5,000 |
Proceeds from disposition of assets | ||||||||||
- | - | - | - | - | - | - | - | - | 888 | 0 |
Other investing activities, net | ||||||||||
243 | 2,067 | 41 | 534 | 503 | 223 | 664 | 255 | 511 | -65 | 94 |
Net cash used in investing activities | ||||||||||
-58,609 | -16,444 | -25,675 | -4,642 | -11,074 | -29,986 | -31,615 | -29,930 | -40,313 | -11,418 | -13,396 |
FINANCING ACTIVITIES: | ||||||||||
Dividends paid | ||||||||||
18,650 | 18,753 | 18,685 | 18,839 | 19,426 | 18,519 | 17,465 | 15,244 | 13,025 | 34,095 | 9,911 |
Payments for common shares repurchased | ||||||||||
10,781 | 0 | 10,000 | 7,702 | 29,338 | 0 | 0 | - | - | - | - |
Proceeds from Borrowing | ||||||||||
33,593 | 0 | 0 | - | - | - | - | - | - | - | - |
Payment of debt | ||||||||||
39,762 | 0 | 0 | - | - | - | - | - | - | - | - |
Payment of acquisition-related contingent liabilities | ||||||||||
1,306 | 1,324 | 408 | - | - | - | - | - | - | - | - |
Proceeds from revolving line of credit | ||||||||||
- | - | - | - | - | 2,127 | 0 | 0 | - | - | - |
Payment of revolving line of credit and acquisition-related debt | ||||||||||
- | - | - | - | - | 14,116 | 0 | 0 | - | - | - |
Repayment of line of credit | ||||||||||
- | - | - | - | - | - | - | - | 2,869 | 0 | 0 |
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | ||||||||||
- | - | - | -354 | -814 | -533 | -353 | -8,367 | 0 | 0 | - |
Debt issuance costs paid | ||||||||||
- | - | - | - | 548 | 0 | 0 | - | - | - | - |
Restricted stock units vested and issued | ||||||||||
2,358 | 840 | 237 | 256 | 458 | 0 | 0 | - | - | - | - |
Payments for stock options exercised net of shares surrendered for employee taxes | ||||||||||
-1,028 | -2,637 | -290 | 0 | -85 | 702 | 464 | - | - | - | - |
Other financing activities, net | ||||||||||
-595 | -201 | -101 | 0 | -15 | -326 | 0 | 604 | 660 | 261 | 44 |
Net cash used in financing activities | ||||||||||
-40,887 | -23,755 | -29,721 | -27,151 | -50,684 | -30,665 | -17,354 | -23,007 | -15,234 | -33,834 | -9,867 |
Effect of exchange rate changes on cash | ||||||||||
-456 | -501 | 322 | 23 | -417 | -470 | -233 | -8 | -5 | 46 | 37 |
Net increase (decrease) in cash and cash equivalents | ||||||||||
-45,080 | 25,252 | -10,113 | 16,866 | -18,167 | -1,038 | 3,634 | 23,511 | -11,721 | -3,121 | 24,417 |