Operating activities: | |
Net income | 62.75M |
Adjustments to reconcile net income to net cash provided by operating activities: | |
Depreciation and amortization expense | 81.81M |
Deferred income taxes | -9.7M |
Loss on disposition of equipment | 760K |
Non-cash share-based compensation expense | 24.82M |
Pension expense, net of contributions | -3.21M |
Change in assets and liabilities, excluding effects of acquisition: | |
Inventories | -186.36M |
Accounts payable | 121.35M |
Current income taxes | -47.03M |
Other current assets | 1.84M |
Other current liabilities | -6.11M |
Other assets | -4.87M |
Other liabilities | 11.34M |
Net cash provided by operating activities | 43.54M |
Investing activities: | |
Capital expenditures | -72.11M |
Cash proceeds from sale of property and equipment | 266K |
Purchase of business, net of cash acquired | |
Return from (Deposit in) restricted account | |
Other | -3K |
Net cash used in investing activities | -71.84M |
Financing activities: | |
Net proceeds from borrowings under bank credit facility | |
Payment of notes payable | |
Payment of capital lease obligations | -3.11M |
Proceeds from the exercise of stock options | 18.66M |
Excess tax benefit from share-based awards | 1M |
Deferred bank credit facility fees paid | 0 |
Payment for treasury shares acquired | -254.29M |
Other | 214K |
Net cash used in financing activities | 33.91M |
Decrease in cash and cash equivalents | 5.6M |
Cash and cash equivalents: | |
Beginning of period | 54.14M |
End of period | 59.74M |
Supplemental disclosure of cash flow information: | |
Cash paid for interest, including capital leases | |
Cash paid for income taxes, excluding impact of refunds | |
Non-cash activity: | |
Assets acquired under capital leases | |
Accrued property and equipment | |
Notes payable assumed in acquisition |