| 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 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 | Dec'11 | Sep'11 | Jun'11 | Mar'11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||||||||||||||||||||||
Net income | ||||||||||||||||||||||||||||||||||||
38,000 | 118,000 | 65,000 | 139,000 | 79,000 | 225,000 | 130,000 | 115,000 | 79,000 | 70,000 | 104,000 | 100,000 | 56,000 | 50,000 | 73,000 | 71,000 | 66,000 | 114,000 | 88,000 | 74,000 | 64,000 | 96,000 | 106,000 | 86,000 | 49,000 | 68,000 | 73,000 | 46,000 | 41,000 | 73,000 | 72,000 | 89,000 | 63,000 | 52,000 | 77,000 | 72,000 | 78,000 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||||||||||||||||
Depreciation | ||||||||||||||||||||||||||||||||||||
29,000 | 29,000 | 30,000 | 29,000 | 29,000 | 30,000 | 29,000 | 29,000 | 29,000 | 26,000 | 28,000 | 27,000 | 28,000 | 26,000 | 20,000 | 21,000 | 20,000 | 19,000 | 22,000 | 23,000 | 24,000 | 25,000 | 23,000 | 24,000 | 23,000 | 27,000 | 23,000 | 24,000 | 25,000 | 26,000 | 24,000 | 21,000 | 23,000 | -11,000 | 36,000 | 35,000 | 33,000 |
Amortization | ||||||||||||||||||||||||||||||||||||
35,000 | 36,000 | 35,000 | 34,000 | 35,000 | 36,000 | 34,000 | 36,000 | 38,000 | 34,000 | 30,000 | 30,000 | 31,000 | 28,000 | 12,000 | 12,000 | 12,000 | 12,000 | 11,000 | 11,000 | 11,000 | 10,000 | 12,000 | 12,000 | 13,000 | 13,000 | 13,000 | 13,000 | 12,000 | 13,000 | 12,000 | 12,000 | 11,000 | - | - | - | - |
Share-based compensation | ||||||||||||||||||||||||||||||||||||
8,000 | 6,000 | 7,000 | 7,000 | 9,000 | 7,000 | 7,000 | 7,000 | 9,000 | 5,000 | 5,000 | 5,000 | 6,000 | 3,000 | 5,000 | 5,000 | 5,000 | 4,000 | 3,000 | 4,000 | 4,000 | 4,000 | 5,000 | 5,000 | 4,000 | 6,000 | 9,000 | 6,000 | 6,000 | 6,000 | 6,000 | 5,000 | 5,000 | 6,000 | 2,000 | 2,000 | 3,000 |
Restructuring and asset impairment charges | ||||||||||||||||||||||||||||||||||||
2,000 | 5,000 | 33,000 | 14,000 | 11,000 | 3,000 | 4,000 | 5,000 | 10,000 | 3,000 | 4,000 | 6,000 | 12,000 | 12,000 | 6,000 | 6,000 | 6,000 | 1,000 | 1,000 | 1,000 | 3,000 | 8,000 | 0 | 3,000 | 15,000 | 12,000 | 5,000 | 20,000 | 5,000 | 13,000 | 4,000 | 0 | 0 | - | - | - | - |
Gain from sale of business | ||||||||||||||||||||||||||||||||||||
0 | 0 | 0 | 0 | 1,000 | 0 | 2,000 | -2,000 | 0 | -14,000 | -1,000 | 0 | 5,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,000 | 0 | 11,000 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other, net | ||||||||||||||||||||||||||||||||||||
-4,000 | -2,000 | -3,000 | -3,000 | -1,000 | -7,000 | -9,000 | 3,000 | 4,000 | -1,000 | -14,000 | -6,000 | 2,000 | 2,000 | 0 | -7,000 | -1,000 | -2,000 | -7,000 | -2,000 | -1,000 | -4,000 | 1,000 | 5,000 | -4,000 | -4,000 | -4,000 | -7,000 | 0 | - | - | - | - | - | - | - | - |
Payments for restructuring | ||||||||||||||||||||||||||||||||||||
8,000 | 9,000 | 9,000 | 8,000 | 4,000 | 3,000 | 6,000 | 7,000 | 5,000 | 3,000 | 8,000 | 9,000 | 8,000 | 5,000 | 5,000 | 4,000 | 2,000 | 3,000 | 2,000 | 3,000 | 6,000 | 6,000 | 3,000 | 8,000 | 9,000 | 11,000 | 13,000 | 7,000 | 4,000 | 9,000 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 5,000 |
Changes in assets and liabilities (net of acquisitions): | ||||||||||||||||||||||||||||||||||||
Changes in receivables | ||||||||||||||||||||||||||||||||||||
-23,000 | -50,000 | 5,000 | 75,000 | -7,000 | 27,000 | 8,000 | 59,000 | 9,000 | -35,000 | 44,000 | 58,000 | 12,000 | -21,000 | 8,000 | 41,000 | -22,000 | -8,000 | 4,000 | 32,000 | -4,000 | -3,000 | 8,000 | 27,000 | 5,000 | -24,000 | 40,000 | 32,000 | -1,000 | -35,000 | 17,000 | 23,000 | -7,000 | 3,000 | 4,000 | 51,000 | 3,000 |
Changes in inventories | ||||||||||||||||||||||||||||||||||||
54,000 | -49,000 | -8,000 | -15,000 | 25,000 | -18,000 | 28,000 | 47,000 | 40,000 | -41,000 | 1,000 | 3,000 | 10,000 | -27,000 | 3,000 | 8,000 | 31,000 | -38,000 | -12,000 | -6,000 | 33,000 | -13,000 | 9,000 | 11,000 | 42,000 | -20,000 | 15,000 | 15,000 | 29,000 | -38,000 | -11,000 | 13,000 | 31,000 | -22,000 | 9,000 | 15,000 | 16,000 |
Changes in accounts payable | ||||||||||||||||||||||||||||||||||||
-68,000 | 59,000 | -7,000 | -6,000 | -17,000 | 0 | -3,000 | 48,000 | 6,000 | 47,000 | 22,000 | 13,000 | -32,000 | 47,000 | 5,000 | 10,000 | -1,000 | 14,000 | 3,000 | -1,000 | 4,000 | 19,000 | -4,000 | 4,000 | -2,000 | 0 | 8,000 | 4,000 | -8,000 | 3,000 | -19,000 | -2,000 | 14,000 | 22,000 | -17,000 | 17,000 | -31,000 |
Changes in accrued liabilities | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39,000 | 11,000 | 8,000 | -5,000 |
Changes in accrued taxes | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 52,000 | -22,000 | 15,000 | 11,000 |
Net changes in other assets and liabilities | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21,000 | -7,000 | -5,000 | -6,000 |
Other, net | ||||||||||||||||||||||||||||||||||||
-11,000 | - | 77,000 | -29,000 | -41,000 | - | 1,000 | 12,000 | -50,000 | - | 73,000 | -18,000 | -12,000 | - | 44,000 | 5,000 | -57,000 | - | -4,000 | -1,000 | -28,000 | - | 45,000 | -7,000 | -28,000 | - | 34,000 | -24,000 | -29,000 | - | 6,000 | -20,000 | -31,000 | - | - | - | - |
Net Cash – Operating activities | ||||||||||||||||||||||||||||||||||||
-2,000 | 388,000 | 245,000 | 123,000 | 83,000 | 198,000 | 187,000 | 138,000 | 63,000 | 307,000 | 228,000 | 99,000 | 52,000 | 223,000 | 149,000 | 84,000 | 41,000 | 204,000 | 137,000 | 84,000 | 39,000 | 163,000 | 155,000 | 76,000 | 22,000 | 161,000 | 101,000 | 42,000 | 20,000 | 166,000 | 105,000 | 64,000 | 61,000 | 197,000 | 91,000 | 90,000 | 71,000 |
Investing Activities | ||||||||||||||||||||||||||||||||||||
Capital expenditures | ||||||||||||||||||||||||||||||||||||
51,000 | 51,000 | 46,000 | 60,000 | 69,000 | 66,000 | 60,000 | 50,000 | 61,000 | 51,000 | 42,000 | 34,000 | 43,000 | 34,000 | 28,000 | 25,000 | 37,000 | 39,000 | 21,000 | 20,000 | 37,000 | 42,000 | 29,000 | 23,000 | 25,000 | 35,000 | 31,000 | 30,000 | 30,000 | 31,000 | 24,000 | 26,000 | 31,000 | 47,000 | 26,000 | 34,000 | 19,000 |
Proceeds from the sale of property, plant and equipment | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 1,000 | 0 | 1,000 | -1,000 | 4,000 | 0 | 3,000 | 1,000 | 1,000 | 1,000 | 2,000 | 2,000 | 4,000 | 3,000 | 2,000 |
Acquisitions of businesses, net of cash acquired | ||||||||||||||||||||||||||||||||||||
0 | 0 | 0 | 13,000 | 5,000 | 0 | 3,000 | 0 | 430,000 | 17,000 | 10,000 | 0 | 6,000 | 1,712,000 | 0 | 0 | 70,000 | 18,000 | 0 | 0 | 0 | - | - | - | - | 0 | 0 | 3,000 | 78,000 | 29,000 | 12,000 | 0 | 0 | - | - | - | - |
Proceeds from Divestiture of Businesses | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 5,000 | 0 | 0 | 11,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 30,000 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other, net | ||||||||||||||||||||||||||||||||||||
-3,000 | 7,000 | -4,000 | -6,000 | 3,000 | -2,000 | 1,000 | -4,000 | 0 | - | - | - | - | -14,000 | 0 | -3,000 | -2,000 | 0 | 1,000 | -3,000 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 |
Net Cash – Investing activities | ||||||||||||||||||||||||||||||||||||
-48,000 | -46,000 | -39,000 | -69,000 | -77,000 | -64,000 | -42,000 | -46,000 | -491,000 | -59,000 | -53,000 | -31,000 | -38,000 | -1,731,000 | -28,000 | -22,000 | -105,000 | -58,000 | -21,000 | -17,000 | -36,000 | -41,000 | 2,000 | -23,000 | -24,000 | -34,000 | -27,000 | -33,000 | -105,000 | -58,000 | -36,000 | -24,000 | -29,000 | -46,000 | -329,000 | -30,000 | -18,000 |
Financing Activities | ||||||||||||||||||||||||||||||||||||
Net transfer to former parent | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -17,000 | 900,000 | 79,000 | 33,000 |
Short-term debt issued, net | ||||||||||||||||||||||||||||||||||||
193,000 | -36,000 | 60,000 | 207,000 | 50,000 | -75,000 | -27,000 | 66,000 | 371,000 | 0 | -33,000 | 33,000 | 0 | 212,000 | -27,000 | 49,000 | 40,000 | 0 | 0 | 0 | 0 | 50,000 | 1,000 | -1,000 | 2,000 | 39,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Short-term debt repaid | ||||||||||||||||||||||||||||||||||||
3,000 | 0 | 141,000 | 113,000 | 0 | - | - | - | - | 98,000 | 119,000 | 60,000 | 5,000 | 0 | 3,000 | 77,000 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Long-term debt issued | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 540,000 | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Repurchase of common stock | ||||||||||||||||||||||||||||||||||||
60,000 | 1,000 | 0 | 0 | 39,000 | 1,000 | 0 | 25,000 | 33,000 | 0 | 0 | 20,000 | 5,000 | 1,000 | 0 | 0 | 3,000 | 51,000 | 75,000 | 0 | 53,000 | 2,000 | 30,000 | 51,000 | 51,000 | 29,000 | 26,000 | 3,000 | 15,000 | 9,000 | 1,000 | 2,000 | 1,000 | - | - | - | - |
Proceeds from exercise of employee stock options | ||||||||||||||||||||||||||||||||||||
5,000 | 3,000 | 2,000 | 4,000 | 4,000 | 0 | 3,000 | 1,000 | 3,000 | 8,000 | 1,000 | 6,000 | 1,000 | 2,000 | 6,000 | 8,000 | 8,000 | 7,000 | 5,000 | 3,000 | 6,000 | 9,000 | 0 | 6,000 | 11,000 | 20,000 | 1,000 | 1,000 | 0 | 2,000 | 6,000 | 0 | 16,000 | - | - | - | - |
Excess tax benefit from share based compensation | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Dividends paid | ||||||||||||||||||||||||||||||||||||
48,000 | 43,000 | 44,000 | 43,000 | 44,000 | 38,000 | 38,000 | 38,000 | 38,000 | 33,000 | 32,000 | 32,000 | 33,000 | 28,000 | 28,000 | 28,000 | 28,000 | 25,000 | 26,000 | 25,000 | 26,000 | 23,000 | 24,000 | 23,000 | 24,000 | 22,000 | 22,000 | 21,000 | 22,000 | 19,000 | 17,000 | 20,000 | 19,000 | - | - | - | - |
Other, net | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | 0 | 1,000 | 0 | -1,000 | 1,000 | -1,000 | -1,000 | 1,000 | -1,000 | 0 | -1,000 | 2,000 | -1,000 | -1,000 | -1,000 | 2,000 | -1,000 | 1,000 | 1,000 | 0 | - | - | - | 1,000 | 9,000 | -4,000 | 1,000 | -6,000 | - | - | - | - |
Net Cash – Financing activities | ||||||||||||||||||||||||||||||||||||
87,000 | -78,000 | -124,000 | 54,000 | -29,000 | -235,000 | -57,000 | -50,000 | 302,000 | -122,000 | -184,000 | -74,000 | -41,000 | 1,184,000 | -52,000 | -657,000 | 559,000 | -68,000 | -98,000 | -25,000 | -71,000 | 35,000 | -52,000 | -68,000 | -62,000 | 9,000 | -49,000 | -24,000 | -36,000 | -33,000 | -10,000 | -21,000 | -10,000 | -10,000 | 294,000 | -79,000 | -33,000 |
Effect of exchange rate changes on cash | ||||||||||||||||||||||||||||||||||||
-22,000 | 7,000 | -12,000 | 0 | 2,000 | -7,000 | -5,000 | -18,000 | 9,000 | 5,000 | 4,000 | 7,000 | 6,000 | -27,000 | 4,000 | -12,000 | 18,000 | -9,000 | -7,000 | 4,000 | -41,000 | -23,000 | -26,000 | -1,000 | -3,000 | 3,000 | 9,000 | 0 | -8,000 | 5,000 | 7,000 | -8,000 | 7,000 | -7,000 | -10,000 | 3,000 | 3,000 |
Net change in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||
15,000 | 271,000 | 70,000 | 108,000 | -21,000 | -108,000 | 83,000 | 24,000 | -117,000 | 131,000 | -5,000 | 1,000 | -21,000 | -351,000 | 73,000 | -607,000 | 513,000 | 69,000 | 11,000 | 46,000 | -109,000 | 134,000 | 79,000 | -16,000 | -67,000 | 139,000 | 34,000 | -15,000 | -129,000 | 80,000 | 66,000 | 11,000 | 29,000 | 134,000 | 46,000 | -16,000 | 23,000 |
Supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||
Cash paid during the period for: | ||||||||||||||||||||||||||||||||||||
Interest | ||||||||||||||||||||||||||||||||||||
12,000 | 31,000 | 1,000 | 32,000 | 13,000 | 31,000 | 1,000 | 32,000 | 14,000 | 32,000 | 0 | 34,000 | 12,000 | 15,000 | 0 | 9,000 | 25,000 | 15,000 | 11,000 | 15,000 | 11,000 | 15,000 | 10,000 | 15,000 | 11,000 | 14,000 | 11,000 | 15,000 | 11,000 | 15,000 | 12,000 | 15,000 | 11,000 | - | - | - | - |
Income taxes (net of refunds received) | ||||||||||||||||||||||||||||||||||||
8,000 | 13,000 | 20,000 | 56,000 | 18,000 | 15,000 | 9,000 | 34,000 | 17,000 | -1,000 | 11,000 | 30,000 | 17,000 | 18,000 | 11,000 | 34,000 | 15,000 | 18,000 | 15,000 | 34,000 | 8,000 | 12,000 | 19,000 | 32,000 | 18,000 | 4,000 | 9,000 | 25,000 | 27,000 | 28,000 | 22,000 | 36,000 | 18,000 | 27,000 | 19,000 | 9,000 | 9,000 |