Guarantor Subsidiaries (Tables)
|
6 Months Ended |
Feb. 28, 2018 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
Schedule Of Condensed Consolidating Statement Of Earnings And Comprehensive Income [Table Text Block] |
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 28, 2018 |
|
Parent |
|
Guarantors |
|
Non-Guarantors |
|
Eliminations |
|
Consolidated |
Net sales |
$ |
36,219 |
|
|
$ |
83,072 |
|
|
$ |
155,874 |
|
|
$ |
— |
|
|
$ |
275,165 |
|
Cost of products sold |
5,848 |
|
|
63,979 |
|
|
115,642 |
|
|
— |
|
|
185,469 |
|
Gross profit |
30,371 |
|
|
19,093 |
|
|
40,232 |
|
|
— |
|
|
89,696 |
|
Selling, administrative and engineering expenses |
18,190 |
|
|
17,232 |
|
|
33,080 |
|
|
— |
|
|
68,502 |
|
Amortization of intangible assets |
318 |
|
|
2,861 |
|
|
1,989 |
|
|
— |
|
|
5,168 |
|
Restructuring charges |
194 |
|
|
909 |
|
|
2,347 |
|
|
— |
|
|
3,450 |
|
Impairment & divestiture charges |
4,217 |
|
|
— |
|
|
(1,230 |
) |
|
— |
|
|
2,987 |
|
Operating profit (loss) |
7,452 |
|
|
(1,909 |
) |
|
4,046 |
|
|
— |
|
|
9,589 |
|
Financing costs (income), net |
7,777 |
|
|
22 |
|
|
(195 |
) |
|
— |
|
|
7,604 |
|
Intercompany (income) expense, net |
(5,042 |
) |
|
5,419 |
|
|
(377 |
) |
|
— |
|
|
— |
|
Other expense, net |
90 |
|
|
49 |
|
|
228 |
|
|
— |
|
|
367 |
|
Earnings (loss) before income taxes |
4,627 |
|
|
(7,399 |
) |
|
4,390 |
|
|
— |
|
|
1,618 |
|
Income tax expense (benefit) |
10,612 |
|
|
(2,234 |
) |
|
11,461 |
|
|
— |
|
|
19,839 |
|
Net loss before equity in loss of subsidiaries |
(5,985 |
) |
|
(5,165 |
) |
|
(7,071 |
) |
|
— |
|
|
(18,221 |
) |
Equity in loss of subsidiaries |
(12,236 |
) |
|
(9,454 |
) |
|
(1,459 |
) |
|
23,149 |
|
|
— |
|
Net loss |
$ |
(18,221 |
) |
|
$ |
(14,619 |
) |
|
$ |
(8,530 |
) |
|
$ |
23,149 |
|
|
$ |
(18,221 |
) |
Comprehensive income (loss) |
$ |
62,788 |
|
|
$ |
(14,619 |
) |
|
$ |
74,820 |
|
|
$ |
(60,201 |
) |
|
$ |
62,788 |
|
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 28, 2017 |
|
Parent |
|
Guarantors |
|
Non-Guarantors |
|
Eliminations |
|
Consolidated |
Net sales |
$ |
34,953 |
|
|
$ |
80,973 |
|
|
$ |
142,943 |
|
|
$ |
— |
|
|
$ |
258,869 |
|
Cost of products sold |
10,049 |
|
|
61,821 |
|
|
99,673 |
|
|
— |
|
|
171,543 |
|
Gross profit |
24,904 |
|
|
19,152 |
|
|
43,270 |
|
|
— |
|
|
87,326 |
|
Selling, administrative and engineering expenses |
18,553 |
|
|
16,549 |
|
|
31,855 |
|
|
— |
|
|
66,957 |
|
Amortization of intangible assets |
318 |
|
|
2,918 |
|
|
1,833 |
|
|
— |
|
|
5,069 |
|
Restructuring charges |
372 |
|
|
441 |
|
|
1,288 |
|
|
— |
|
|
2,101 |
|
Operating profit (loss) |
5,661 |
|
|
(756 |
) |
|
8,294 |
|
|
— |
|
|
13,199 |
|
Financing costs (income), net |
7,430 |
|
|
— |
|
|
(96 |
) |
|
— |
|
|
7,334 |
|
Intercompany (income) expense, net |
(7,882 |
) |
|
11,242 |
|
|
(3,360 |
) |
|
— |
|
|
— |
|
Intercompany dividends |
— |
|
|
(4,258 |
) |
|
— |
|
|
4,258 |
|
|
— |
|
Other (income) expense, net |
(48 |
) |
|
(4 |
) |
|
643 |
|
|
— |
|
|
591 |
|
Earnings (loss) before income taxes |
6,161 |
|
|
(7,736 |
) |
|
11,107 |
|
|
(4,258 |
) |
|
5,274 |
|
Income tax expense (benefit) |
151 |
|
|
(667 |
) |
|
716 |
|
|
— |
|
|
200 |
|
Net earnings (loss) before equity in (loss) earnings of subsidiaries |
6,010 |
|
|
(7,069 |
) |
|
10,391 |
|
|
(4,258 |
) |
|
5,074 |
|
Equity in earnings (loss) of subsidiaries |
(936 |
) |
|
8,057 |
|
|
(268 |
) |
|
(6,853 |
) |
|
— |
|
Net earnings |
$ |
5,074 |
|
|
$ |
988 |
|
|
$ |
10,123 |
|
|
$ |
(11,111 |
) |
|
$ |
5,074 |
|
Comprehensive income |
$ |
8,185 |
|
|
$ |
1,324 |
|
|
$ |
12,828 |
|
|
$ |
(14,152 |
) |
|
$ |
8,185 |
|
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended February 28, 2018 |
|
Parent |
|
Guarantors |
|
Non-Guarantors |
|
Eliminations |
|
Consolidated |
Net sales |
$ |
71,929 |
|
|
$ |
170,906 |
|
|
$ |
321,285 |
|
|
$ |
— |
|
|
$ |
564,120 |
|
Cost of products sold |
12,811 |
|
|
128,553 |
|
|
232,149 |
|
|
— |
|
|
373,513 |
|
Gross profit |
59,118 |
|
|
42,353 |
|
|
89,136 |
|
|
— |
|
|
190,607 |
|
Selling, administrative and engineering expenses |
37,905 |
|
|
35,680 |
|
|
69,395 |
|
|
— |
|
|
142,980 |
|
Amortization of intangible assets |
636 |
|
|
5,722 |
|
|
3,941 |
|
|
— |
|
|
10,299 |
|
Restructuring charges |
5,550 |
|
|
1,078 |
|
|
3,451 |
|
|
— |
|
|
10,079 |
|
Impairment & divestiture charges |
4,217 |
|
|
— |
|
|
(1,230 |
) |
|
— |
|
|
2,987 |
|
Operating profit (loss) |
10,810 |
|
|
(127 |
) |
|
13,579 |
|
|
— |
|
|
24,262 |
|
Financing costs (income), net |
15,400 |
|
|
43 |
|
|
(325 |
) |
|
— |
|
|
15,118 |
|
Intercompany (income) expense, net |
(9,919 |
) |
|
10,903 |
|
|
(984 |
) |
|
— |
|
|
— |
|
Other expense, net |
40 |
|
|
94 |
|
|
562 |
|
|
— |
|
|
696 |
|
Earnings (loss) before income taxes |
5,289 |
|
|
(11,167 |
) |
|
14,326 |
|
|
— |
|
|
8,448 |
|
Income tax expense (benefit) |
10,327 |
|
|
(1,797 |
) |
|
12,913 |
|
|
— |
|
|
21,443 |
|
Net (loss) earnings before equity in loss of subsidiaries |
(5,038 |
) |
|
(9,370 |
) |
|
1,413 |
|
|
— |
|
|
(12,995 |
) |
Loss in earnings of subsidiaries |
(7,957 |
) |
|
(661 |
) |
|
(1,505 |
) |
|
10,123 |
|
|
— |
|
Net loss |
$ |
(12,995 |
) |
|
$ |
(10,031 |
) |
|
$ |
(92 |
) |
|
$ |
10,123 |
|
|
$ |
(12,995 |
) |
Comprehensive income (loss) |
$ |
71,039 |
|
|
$ |
(10,031 |
) |
|
$ |
86,386 |
|
|
$ |
(76,355 |
) |
|
$ |
71,039 |
|
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended February 28, 2017 |
|
Parent |
|
Guarantors |
|
Non-Guarantors |
|
Eliminations |
|
Consolidated |
Net sales |
$ |
66,682 |
|
|
$ |
165,249 |
|
|
$ |
292,731 |
|
|
$ |
— |
|
|
$ |
524,662 |
|
Cost of products sold |
17,143 |
|
|
123,237 |
|
|
203,889 |
|
|
— |
|
|
344,269 |
|
Gross profit |
49,539 |
|
|
42,012 |
|
|
88,842 |
|
|
— |
|
|
180,393 |
|
Selling, administrative and engineering expenses |
36,520 |
|
|
33,185 |
|
|
65,856 |
|
|
— |
|
|
135,561 |
|
Amortization of intangible assets |
636 |
|
|
5,994 |
|
|
3,700 |
|
|
— |
|
|
10,330 |
|
Restructuring charges |
727 |
|
|
1,164 |
|
|
3,157 |
|
|
— |
|
|
5,048 |
|
Director & officer transition charges |
7,784 |
|
|
— |
|
|
— |
|
|
— |
|
|
7,784 |
|
Operating profit |
3,872 |
|
|
1,669 |
|
|
16,129 |
|
|
— |
|
|
21,670 |
|
Financing costs (income), net |
14,756 |
|
|
— |
|
|
(289 |
) |
|
— |
|
|
14,467 |
|
Intercompany (income) expense, net |
(12,950 |
) |
|
10,156 |
|
|
2,794 |
|
|
— |
|
|
— |
|
Intercompany dividends |
— |
|
|
(59,401 |
) |
|
— |
|
|
59,401 |
|
|
— |
|
Other expense (income), net |
2,037 |
|
|
(74 |
) |
|
(2,001 |
) |
|
— |
|
|
(38 |
) |
Earnings before income taxes |
29 |
|
|
50,988 |
|
|
15,625 |
|
|
(59,401 |
) |
|
7,241 |
|
Income tax (benefit) expense |
(2,563 |
) |
|
(697 |
) |
|
462 |
|
|
— |
|
|
(2,798 |
) |
Net earnings before equity in earnings of subsidiaries |
2,592 |
|
|
51,685 |
|
|
15,163 |
|
|
(59,401 |
) |
|
10,039 |
|
Equity in earnings of subsidiaries |
7,447 |
|
|
13,682 |
|
|
2,862 |
|
|
(23,991 |
) |
|
— |
|
Net earnings |
$ |
10,039 |
|
|
$ |
65,367 |
|
|
$ |
18,025 |
|
|
$ |
(83,392 |
) |
|
$ |
10,039 |
|
Comprehensive (loss) income |
$ |
(12,972 |
) |
|
$ |
47,616 |
|
|
$ |
13,459 |
|
|
$ |
(61,075 |
) |
|
$ |
(12,972 |
) |
|
Condensed Consolidating Balance Sheets |
CONDENSED CONSOLIDATING BALANCE SHEETS
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
February 28, 2018 |
|
Parent |
|
Guarantors |
|
Non-Guarantors |
|
Eliminations |
|
Consolidated |
ASSETS |
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
4,276 |
|
|
$ |
— |
|
|
$ |
149,319 |
|
|
$ |
— |
|
|
$ |
153,595 |
|
Accounts receivable, net |
19,641 |
|
|
52,171 |
|
|
138,838 |
|
|
— |
|
|
210,650 |
|
Inventories, net |
26,915 |
|
|
61,363 |
|
|
77,949 |
|
|
— |
|
|
166,227 |
|
Other current assets |
14,186 |
|
|
3,263 |
|
|
43,120 |
|
|
— |
|
|
60,569 |
|
Total current assets |
65,018 |
|
|
116,797 |
|
|
409,226 |
|
|
— |
|
|
591,041 |
|
Property, plant and equipment, net |
8,076 |
|
|
31,661 |
|
|
62,674 |
|
|
— |
|
|
102,411 |
|
Goodwill |
38,846 |
|
|
201,578 |
|
|
305,711 |
|
|
— |
|
|
546,135 |
|
Other intangibles, net |
7,521 |
|
|
132,320 |
|
|
76,529 |
|
|
— |
|
|
216,370 |
|
Investment in subsidiaries |
1,902,303 |
|
|
1,274,274 |
|
|
806,292 |
|
|
(3,982,869 |
) |
|
— |
|
Intercompany receivable |
— |
|
|
564,517 |
|
|
208,983 |
|
|
(773,500 |
) |
|
— |
|
Other long-term assets |
7,407 |
|
|
1,864 |
|
|
15,077 |
|
|
— |
|
|
24,348 |
|
Total assets |
$ |
2,029,171 |
|
|
$ |
2,323,011 |
|
|
$ |
1,884,492 |
|
|
$ |
(4,756,369 |
) |
|
$ |
1,480,305 |
|
LIABILITIES & SHAREHOLDERS' EQUITY |
|
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
|
|
|
|
Trade accounts payable |
$ |
15,469 |
|
|
$ |
31,079 |
|
|
$ |
90,393 |
|
|
$ |
— |
|
|
$ |
136,941 |
|
Accrued compensation and benefits |
13,376 |
|
|
5,239 |
|
|
22,903 |
|
|
— |
|
|
41,518 |
|
Current maturities of debt and short-term borrowings |
30,000 |
|
|
— |
|
|
— |
|
|
— |
|
|
30,000 |
|
Income taxes payable |
152 |
|
|
— |
|
|
7,535 |
|
|
— |
|
|
7,687 |
|
Other current liabilities |
13,683 |
|
|
7,951 |
|
|
36,734 |
|
|
— |
|
|
58,368 |
|
Total current liabilities |
72,680 |
|
|
44,269 |
|
|
157,565 |
|
|
— |
|
|
274,514 |
|
Long-term debt, net |
517,318 |
|
|
— |
|
|
— |
|
|
— |
|
|
517,318 |
|
Deferred income taxes |
17,631 |
|
|
— |
|
|
5,631 |
|
|
— |
|
|
23,262 |
|
Pension and postretirement benefit liabilities |
11,942 |
|
|
— |
|
|
7,396 |
|
|
— |
|
|
19,338 |
|
Other long-term liabilities |
48,651 |
|
|
383 |
|
|
7,558 |
|
|
— |
|
|
56,592 |
|
Intercompany payable |
771,668 |
|
|
— |
|
|
1,832 |
|
|
(773,500 |
) |
|
— |
|
Shareholders’ equity |
589,281 |
|
|
2,278,359 |
|
|
1,704,510 |
|
|
(3,982,869 |
) |
|
589,281 |
|
Total liabilities and shareholders’ equity |
$ |
2,029,171 |
|
|
$ |
2,323,011 |
|
|
$ |
1,884,492 |
|
|
$ |
(4,756,369 |
) |
|
$ |
1,480,305 |
|
CONDENSED CONSOLIDATING BALANCE SHEETS
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
August 31, 2017 |
|
Parent |
|
Guarantors |
|
Non-Guarantors |
|
Eliminations |
|
Consolidated |
ASSETS |
|
|
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
34,715 |
|
|
$ |
— |
|
|
$ |
194,856 |
|
|
$ |
— |
|
|
$ |
229,571 |
|
Accounts receivable, net |
17,498 |
|
|
50,749 |
|
|
121,959 |
|
|
— |
|
|
190,206 |
|
Inventories, net |
23,308 |
|
|
48,492 |
|
|
71,851 |
|
|
— |
|
|
143,651 |
|
Assets held for sale |
— |
|
|
— |
|
|
21,835 |
|
|
— |
|
|
21,835 |
|
Other current assets |
23,576 |
|
|
3,619 |
|
|
34,468 |
|
|
— |
|
|
61,663 |
|
Total current assets |
99,097 |
|
|
102,860 |
|
|
444,969 |
|
|
— |
|
|
646,926 |
|
Property, plant & equipment, net |
7,049 |
|
|
26,130 |
|
|
61,342 |
|
|
— |
|
|
94,521 |
|
Goodwill |
38,847 |
|
|
200,499 |
|
|
290,735 |
|
|
— |
|
|
530,081 |
|
Other intangibles, net |
8,156 |
|
|
138,042 |
|
|
74,291 |
|
|
— |
|
|
220,489 |
|
Investment in subsidiaries |
1,832,472 |
|
|
1,186,715 |
|
|
805,016 |
|
|
(3,824,203 |
) |
|
— |
|
Intercompany receivable |
— |
|
|
589,193 |
|
|
205,183 |
|
|
(794,376 |
) |
|
— |
|
Other long-term assets |
8,377 |
|
|
812 |
|
|
15,749 |
|
|
— |
|
|
24,938 |
|
Total assets |
$ |
1,993,998 |
|
|
$ |
2,244,251 |
|
|
$ |
1,897,285 |
|
|
$ |
(4,618,579 |
) |
|
$ |
1,516,955 |
|
LIABILITIES & SHAREHOLDERS' EQUITY |
|
|
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
|
|
|
|
Trade accounts payable |
$ |
15,412 |
|
|
$ |
27,168 |
|
|
$ |
90,807 |
|
|
$ |
— |
|
|
$ |
133,387 |
|
Accrued compensation and benefits |
19,082 |
|
|
7,672 |
|
|
24,185 |
|
|
— |
|
|
50,939 |
|
Current maturities of debt and short-term borrowings |
30,000 |
|
|
— |
|
|
— |
|
|
— |
|
|
30,000 |
|
Income taxes payable |
153 |
|
|
— |
|
|
5,927 |
|
|
— |
|
|
6,080 |
|
Liabilities held for sale |
— |
|
|
— |
|
|
101,083 |
|
|
— |
|
|
101,083 |
|
Other current liabilities |
18,512 |
|
|
7,169 |
|
|
31,764 |
|
|
— |
|
|
57,445 |
|
Total current liabilities |
83,159 |
|
|
42,009 |
|
|
253,766 |
|
|
— |
|
|
378,934 |
|
Long-term debt |
531,940 |
|
|
— |
|
|
— |
|
|
— |
|
|
531,940 |
|
Deferred income taxes |
24,164 |
|
|
— |
|
|
5,695 |
|
|
— |
|
|
29,859 |
|
Pension and post-retirement benefit liabilities |
12,540 |
|
|
— |
|
|
7,322 |
|
|
— |
|
|
19,862 |
|
Other long-term liabilities |
48,692 |
|
|
352 |
|
|
6,777 |
|
|
— |
|
|
55,821 |
|
Intercompany payable |
792,964 |
|
|
— |
|
|
1,412 |
|
|
(794,376 |
) |
|
— |
|
Shareholders’ equity |
500,539 |
|
|
2,201,890 |
|
|
1,622,313 |
|
|
(3,824,203 |
) |
|
500,539 |
|
Total liabilities and shareholders’ equity |
$ |
1,993,998 |
|
|
$ |
2,244,251 |
|
|
$ |
1,897,285 |
|
|
$ |
(4,618,579 |
) |
|
$ |
1,516,955 |
|
|
Condensed Consolidating Statements of Cash Flows |
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended February 28, 2018 |
|
Parent |
|
Guarantors |
|
Non-Guarantors |
|
Eliminations |
|
Consolidated |
Operating Activities |
|
|
|
|
|
|
|
|
|
Net cash (used in) provided by operating activities |
$ |
(14,509 |
) |
|
$ |
6,923 |
|
|
$ |
(14,520 |
) |
|
$ |
— |
|
|
$ |
(22,106 |
) |
Investing Activities |
|
|
|
|
|
|
|
|
|
Capital expenditures |
(1,982 |
) |
|
(5,274 |
) |
|
(5,291 |
) |
|
— |
|
|
(12,547 |
) |
Proceeds from sale of property, plant and equipment |
— |
|
|
83 |
|
|
30 |
|
|
— |
|
|
113 |
|
Rental asset buyout for Viking divestiture |
— |
|
|
— |
|
|
(27,718 |
) |
|
— |
|
|
(27,718 |
) |
Proceeds from sale of business, net of transactions costs |
198 |
|
|
— |
|
|
8,582 |
|
|
— |
|
|
8,780 |
|
Cash paid for business acquisitions, net of cash acquired |
— |
|
|
(1,732 |
) |
|
(14,785 |
) |
|
— |
|
|
(16,517 |
) |
Cash used in investing activities |
(1,784 |
) |
|
(6,923 |
) |
|
(39,182 |
) |
|
— |
|
|
(47,889 |
) |
Financing Activities |
|
|
|
|
|
|
|
|
|
Principal repayments on term loan |
(15,000 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(15,000 |
) |
Stock option exercises and other |
10,305 |
|
|
— |
|
|
— |
|
|
— |
|
|
10,305 |
|
Taxes paid related to the net share settlement of equity awards |
(1,107 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(1,107 |
) |
Cash dividend |
(2,390 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(2,390 |
) |
Intercompany loan activity |
(5,954 |
) |
|
— |
|
|
5,954 |
|
|
— |
|
|
— |
|
Cash (used in) provided by financing activities |
(14,146 |
) |
|
— |
|
|
5,954 |
|
|
— |
|
|
(8,192 |
) |
Effect of exchange rate changes on cash |
— |
|
|
— |
|
|
2,211 |
|
|
— |
|
|
2,211 |
|
Net decrease in cash and cash equivalents |
(30,439 |
) |
|
— |
|
|
(45,537 |
) |
|
— |
|
|
(75,976 |
) |
Cash and cash equivalents—beginning of period |
34,715 |
|
|
— |
|
|
194,856 |
|
|
— |
|
|
229,571 |
|
Cash and cash equivalents—end of period |
$ |
4,276 |
|
|
$ |
— |
|
|
$ |
149,319 |
|
|
$ |
— |
|
|
$ |
153,595 |
|
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended February 28, 2017 |
|
Parent |
|
Guarantors |
|
Non-Guarantors |
|
Eliminations |
|
Consolidated |
Operating Activities |
|
|
|
|
|
|
|
|
|
Net provided by operating activities |
$ |
59,275 |
|
|
$ |
5,902 |
|
|
$ |
8,906 |
|
|
$ |
(59,401 |
) |
|
$ |
14,682 |
|
Investing Activities |
|
|
|
|
|
|
|
|
|
Capital expenditures |
(2,156 |
) |
|
(6,108 |
) |
|
(6,431 |
) |
|
— |
|
|
(14,695 |
) |
Proceeds from sale of property, plant and equipment |
— |
|
|
135 |
|
|
109 |
|
|
— |
|
|
244 |
|
Cash used in investing activities |
(2,156 |
) |
|
(5,973 |
) |
|
(6,322 |
) |
|
— |
|
|
(14,451 |
) |
Financing Activities |
|
|
|
|
|
|
|
|
|
Principal repayments on term loan |
(7,500 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(7,500 |
) |
Taxes paid related to the net share settlement of equity awards |
(920 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(920 |
) |
Stock option exercises and other |
5,949 |
|
|
— |
|
|
— |
|
|
— |
|
|
5,949 |
|
Cash dividend |
(2,358 |
) |
|
— |
|
|
(59,401 |
) |
|
59,401 |
|
|
(2,358 |
) |
Intercompany loan activity |
(53,734 |
) |
|
— |
|
|
53,734 |
|
|
— |
|
|
— |
|
Cash used in financing activities |
(58,563 |
) |
|
— |
|
|
(5,667 |
) |
|
59,401 |
|
|
(4,829 |
) |
Effect of exchange rate changes on cash |
— |
|
|
— |
|
|
(3,116 |
) |
|
— |
|
|
(3,116 |
) |
Net decrease in cash and cash equivalents |
(1,444 |
) |
|
(71 |
) |
|
(6,199 |
) |
|
— |
|
|
(7,714 |
) |
Cash and cash equivalents—beginning of period |
7,953 |
|
|
71 |
|
|
171,580 |
|
|
— |
|
|
179,604 |
|
Cash and cash equivalents—end of period |
$ |
6,509 |
|
|
$ |
— |
|
|
$ |
165,381 |
|
|
$ |
— |
|
|
$ |
171,890 |
|
|