| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Jan'16 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net Income (Loss) Attributable to Parent | ||||||
385,000 | 407,000 | 444,000 | 210,000 | 167,518 | -72,914 | -57,206 |
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
362,000 | 340,000 | 378,000 | 421,000 | 399,247 | 411,549 | 388,188 |
Loss on disposal of property and equipment—net | ||||||
1,000 | 1,000 | 4,000 | 6,000 | 2,010 | 7,688 | 1,909 |
Amortization of deferred financing costs | ||||||
7,000 | 7,000 | 6,000 | 7,000 | 13,261 | 18,014 | 18,071 |
Tangible asset impairment charges | ||||||
1,000 | 1,000 | 2,000 | 0 | 6,293 | 1,580 | 1,860 |
Loss on extinguishment of debt | ||||||
- | - | - | -54,000 | - | - | -41,796 |
Amortization of Senior Notes original issue premium | ||||||
- | - | - | -2,000 | -3,330 | -3,330 | -3,330 |
Insurance proceeds related to operating activities | ||||||
- | - | - | 10,000 | 23,243 | 10,000 | - |
Insurance benefit in net income | ||||||
- | - | - | 10,000 | 20,083 | - | - |
Deferred tax benefit | ||||||
7,000 | 45,000 | -123,000 | -80,000 | 17,606 | 35,803 | 29,603 |
Share-based compensation expense | ||||||
32,000 | 28,000 | 21,000 | 18,000 | 15,832 | 11,736 | 8,406 |
Provision for doubtful accounts | ||||||
21,000 | 17,000 | 18,000 | 11,000 | 12,103 | 18,559 | 19,481 |
Changes in operating assets and liabilities: | ||||||
Decrease (increase) in receivables | ||||||
19,000 | 71,000 | 67,000 | -22,000 | -9,600 | 47,347 | 26,581 |
Decrease in inventories—net | ||||||
-16,000 | 72,000 | -40,000 | 101,000 | 55,047 | -105,256 | 65,427 |
Increase in prepaid expenses and other assets | ||||||
-9,000 | 45,000 | 24,000 | 0 | 20,716 | -1,016 | 16,486 |
(Decrease) increase in accounts payable and cash overdraft liability | ||||||
-56,000 | 79,000 | 17,000 | 131,000 | -71,448 | -35,649 | -32,411 |
Decrease in accrued expenses and other liabilities | ||||||
-4,000 | -126,000 | 41,000 | -136,000 | 63,699 | -34,395 | 18,197 |
Net cash (used in) provided by operating activities | ||||||
760,000 | 609,000 | 749,000 | 549,000 | 555,768 | 402,190 | 322,252 |
Cash flows from investing activities: | ||||||
Acquisition of businesses—net of cash | ||||||
1,832,000 | 0 | 182,000 | 122,000 | 69,481 | - | 11,369 |
Proceeds from sales of divested assets | ||||||
94,000 | 0 | 0 | - | - | - | - |
Proceeds from sales of property and equipment | ||||||
9,000 | 3,000 | 25,000 | 17,000 | 5,048 | 25,054 | 14,608 |
Purchases of property and equipment | ||||||
258,000 | 235,000 | 221,000 | 164,000 | 187,409 | 147,094 | 191,131 |
Investments in marketable securities and other | ||||||
- | - | - | 493,000 | - | - | - |
Insurance proceeds related to investing activities | ||||||
- | - | - | - | 2,771 | 4,000 | - |
Proceeds from redemption of industrial revenue bonds | ||||||
0 | 0 | 22,000 | 0 | - | - | - |
Purchase of industrial revenue bonds | ||||||
- | - | - | - | 22,139 | - | - |
Net cash used in investing activities | ||||||
-1,987,000 | -232,000 | -356,000 | -762,000 | -271,210 | -118,040 | -187,892 |
Cash flows from financing activities: | ||||||
Proceeds from debt borrowings | ||||||
6,198,000 | 4,178,000 | 2,550,000 | 2,707,000 | 22,139 | 898,450 | 1,644,000 |
Proceeds from debt refinancing | ||||||
- | - | - | 2,214,000 | - | - | 854,485 |
Principal payments on debt and financing leases | ||||||
4,967,000 | 4,595,000 | 2,651,000 | 4,141,000 | 109,489 | 1,016,033 | 2,278,311 |
Repayment of industrial revenue bonds | ||||||
0 | 0 | 22,000 | 0 | - | - | - |
Redemption of Old Senior Notes | ||||||
- | - | - | 1,377,000 | - | - | - |
Payment for debt financing costs and fees | ||||||
44,000 | 1,000 | 1,000 | 26,000 | 3,573 | 421 | 29,376 |
Repurchase of senior subordinated notes | ||||||
- | - | - | - | - | - | 375,144 |
Net proceeds from initial public offering | ||||||
- | - | - | 1,114,000 | - | - | - |
Cash distribution to shareholders | ||||||
- | - | - | 666,000 | - | - | - |
Contingent consideration paid for business acquisitions | ||||||
0 | 5,000 | 6,000 | 0 | - | 1,800 | 6,159 |
Proceeds from employee stock purchase plan | ||||||
19,000 | 19,000 | 16,000 | 3,000 | - | - | - |
Proceeds from exercise of stock options | ||||||
19,000 | 19,000 | 18,000 | 0 | - | - | - |
Tax withholding payments for net share-settled equity awards | ||||||
5,000 | 6,000 | 28,000 | 0 | - | - | - |
Proceeds from common stock sales | ||||||
- | - | - | 3,000 | 500 | 197 | 1,850 |
Common stock repurchased | ||||||
0 | 0 | 280,000 | 0 | - | 628 | 8,418 |
Common stock and share-based awards settled | ||||||
0 | 0 | 1,000 | 11,000 | 19,992 | - | - |
Net cash provided by (used in) financing activities | ||||||
1,220,000 | -391,000 | -405,000 | -180,000 | -110,415 | -120,235 | -197,073 |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||
-7,000 | -14,000 | -12,000 | -393,000 | 174,143 | 163,915 | -62,713 |
Supplemental disclosures of cash flow information: | ||||||
Interest paid—net of amounts capitalized | ||||||
173,000 | 160,000 | 158,000 | 223,000 | 345,732 | 278,474 | 298,915 |
Income taxes paid—net | ||||||
137,000 | 78,000 | 11,000 | 5,000 | 7,861 | -30 | 209 |
Leased assets obtained in exchange for financing lease liabilities | ||||||
86,000 | 101,000 | 91,000 | 80,000 | 110,097 | 96,756 | 100,804 |
NON-CASH INVESTING AND FINANCING ACTIVITIES | ||||||
Property and equipment purchases included in accounts payable | ||||||
49,000 | 28,000 | 31,000 | 50,000 | 26,885 | 26,620 | 19,719 |
Leased assets obtained in exchange for operating lease liabilities | ||||||
39,000 | 0 | 0 | - | - | - | - |
Cashless exercise of stock options | ||||||
1,000 | 2,000 | 30,000 | 0 | - | - | - |
Contingent consideration payable for acquisition of businesses | ||||||
0 | 0 | 4,000 | 8,000 | - | - | 1,800 |
Marketable securities transferred in connection with the legal defeasance of the CMBS Fixed Loan Facility | ||||||
- | - | - | 485,000 | - | - | - |
CMBS Fixed Loan Facility defeasance | ||||||
- | - | - | 472,000 | - | - | - |
Payable for repurchase of common stock | ||||||
- | - | - | - | - | - | 1,006 |