Consolidating Condensed Statement of Operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS |
|
|
|
|
|
|
|
|
|
|
Three Months Ended December 28, 2019 |
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
|
|
|
|
|
|
|
|
|
Parent |
|
Non- Guarantor Subsidiaries |
|
Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
Net sales |
|
$ |
170,328 |
|
|
$ |
23,837 |
|
|
$ |
301,041 |
|
|
$ |
(12,378) |
|
|
$ |
482,828 |
|
Cost of goods sold and occupancy |
|
132,273 |
|
|
23,712 |
|
|
206,984 |
|
|
(11,407) |
|
|
351,562 |
|
Gross profit |
|
38,055 |
|
|
125 |
|
|
94,057 |
|
|
(971) |
|
|
131,266 |
|
Selling, general and administrative expenses |
|
|
43,237 |
|
|
7,819 |
|
|
79,116 |
|
|
(971) |
|
|
129,201 |
|
Operating income (loss) |
|
(5,182) |
|
|
(7,694) |
|
|
14,941 |
|
|
— |
|
|
2,065 |
|
Interest expense |
|
(10,578) |
|
|
(60) |
|
|
(3) |
|
|
— |
|
|
(10,641) |
|
Interest income |
|
|
1,997 |
|
|
7 |
|
|
— |
|
|
— |
|
|
2,004 |
|
Other income (expense) |
|
(75) |
|
|
737 |
|
|
(357) |
|
|
— |
|
|
305 |
|
Income (loss) before taxes and equity in earnings (losses) of affiliates |
|
(13,838) |
|
|
(7,010) |
|
|
14,581 |
|
|
— |
|
|
(6,267) |
|
Income tax expense (benefit) |
|
(3,898) |
|
|
(365) |
|
|
2,535 |
|
|
— |
|
|
(1,728) |
|
Equity in earnings (loss) of affiliates |
|
5,523 |
|
|
— |
|
|
(680) |
|
|
(4,843) |
|
|
— |
|
Net income (loss) including noncontrolling interest |
|
(4,417) |
|
|
(6,645) |
|
|
11,366 |
|
|
(4,843) |
|
|
(4,539) |
|
Net loss attributable to noncontrolling interest |
|
— |
|
|
(122) |
|
|
— |
|
|
— |
|
|
(122) |
|
Net income (loss) attributable to Central Garden & Pet Company |
|
$ |
(4,417) |
|
|
$ |
(6,523) |
|
|
$ |
11,366 |
|
|
$ |
(4,843) |
|
|
$ |
(4,417) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS |
|
|
|
|
|
|
|
|
|
|
Three Months Ended December 29, 2018 |
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
|
|
|
|
|
|
|
|
|
Parent |
|
Non- Guarantor Subsidiaries |
|
Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
Net sales |
|
$ |
173,406 |
|
|
$ |
23,629 |
|
|
$ |
279,834 |
|
|
$ |
(14,879) |
|
|
$ |
461,990 |
|
Cost of goods sold and occupancy |
|
136,013 |
|
|
22,003 |
|
|
187,683 |
|
|
(13,891) |
|
|
331,808 |
|
Gross profit |
|
37,393 |
|
|
|
1,626 |
|
|
|
92,151 |
|
|
|
(988) |
|
|
130,182 |
|
Selling, general and administrative expenses |
|
43,665 |
|
|
7,351 |
|
|
69,973 |
|
|
(988) |
|
|
120,001 |
|
Operating income (loss) |
|
(6,272) |
|
|
|
(5,725) |
|
|
|
22,178 |
|
|
|
— |
|
|
10,181 |
|
Interest expense |
|
(10,497) |
|
|
(114) |
|
|
(3) |
|
|
— |
|
|
(10,614) |
|
Interest income |
|
2,533 |
|
|
4 |
|
|
— |
|
|
— |
|
|
2,537 |
|
Other income (expense) |
|
37 |
|
|
(216) |
|
|
(13) |
|
|
— |
|
|
(192) |
|
Income (loss) before taxes and equity in earnings (losses) of affiliates |
|
(14,199) |
|
|
|
(6,051) |
|
|
|
22,162 |
|
|
|
— |
|
|
1,912 |
|
Income tax expense (benefit) |
|
(2,088) |
|
|
(256) |
|
|
2,617 |
|
|
|
|
|
273 |
|
Equity in earnings of affiliates |
|
13,914 |
|
|
— |
|
|
(1,112) |
|
|
(12,802) |
|
|
— |
|
Net income (loss) including noncontrolling interest |
|
1,803 |
|
|
|
(5,795) |
|
|
|
18,433 |
|
|
|
(12,802) |
|
|
1,639 |
|
Net income (loss) attributable to noncontrolling interest |
|
— |
|
|
(164) |
|
|
— |
|
|
— |
|
|
(164) |
|
Net income (loss) attributable to Central Garden & Pet Company |
|
$ |
1,803 |
|
|
|
$ |
(5,631) |
|
|
|
$ |
18,433 |
|
|
|
$ |
(12,802) |
|
|
$ |
1,803 |
|
|
Consolidating Condensed Balance Sheet |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONSOLIDATING CONDENSED BALANCE SHEET |
|
|
|
|
|
|
|
|
|
|
December 28, 2019 |
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
|
|
|
|
|
|
|
|
|
Parent |
|
Non- Guarantor Subsidiaries |
|
Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
ASSETS |
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
435,169 |
|
|
$ |
9,467 |
|
|
$ |
1,177 |
|
|
$ |
— |
|
|
$ |
445,813 |
|
Restricted cash |
|
12,990 |
|
|
— |
|
|
— |
|
|
— |
|
|
12,990 |
|
Short term investments |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Accounts receivable, net |
|
99,521 |
|
|
9,261 |
|
|
159,447 |
|
|
— |
|
|
268,229 |
|
Inventories, net |
|
141,336 |
|
|
37,999 |
|
|
377,144 |
|
|
— |
|
|
556,479 |
|
Prepaid expenses and other |
|
12,338 |
|
|
1,337 |
|
|
23,894 |
|
|
— |
|
|
37,569 |
|
Total current assets |
|
701,354 |
|
|
58,064 |
|
|
561,662 |
|
|
— |
|
|
1,321,080 |
|
Property, plant and equipment, net |
|
27,857 |
|
|
35,118 |
|
|
178,820 |
|
|
— |
|
|
241,795 |
|
Goodwill |
|
20,578 |
|
|
7,414 |
|
|
261,862 |
|
|
— |
|
|
289,854 |
|
Operating lease right-of-use assets |
|
51,232 |
|
|
6,680 |
|
|
47,365 |
|
|
— |
|
|
105,277 |
|
Other long-term assets |
|
47,882 |
|
|
5,099 |
|
|
136,249 |
|
|
(12,079) |
|
|
177,151 |
|
Intercompany receivable |
|
40,813 |
|
|
— |
|
|
861,972 |
|
|
(902,785) |
|
|
— |
|
Investment in subsidiaries |
|
1,790,591 |
|
|
— |
|
|
— |
|
|
(1,790,591) |
|
|
— |
|
Total |
|
$ |
2,680,307 |
|
|
$ |
112,375 |
|
|
$ |
2,047,930 |
|
|
$ |
(2,705,455) |
|
|
$ |
2,135,157 |
|
LIABILITIES AND EQUITY |
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
$ |
61,493 |
|
|
$ |
17,065 |
|
|
$ |
106,101 |
|
|
$ |
— |
|
|
$ |
184,659 |
|
Accrued expenses |
|
56,374 |
|
|
4,049 |
|
|
64,351 |
|
|
— |
|
|
124,774 |
|
Current operating lease liability |
|
20,251 |
|
|
3,398 |
|
|
10,671 |
|
|
— |
|
|
34,320 |
|
Current portion of long-term debt |
|
107 |
|
|
— |
|
|
— |
|
|
— |
|
|
107 |
|
Total current liabilities |
|
138,225 |
|
|
24,512 |
|
|
181,123 |
|
|
— |
|
|
343,860 |
|
Long-term debt |
|
693,329 |
|
|
— |
|
|
— |
|
|
— |
|
|
693,329 |
|
Operating lease long term liabilities |
|
33,212 |
|
|
3,264 |
|
|
38,807 |
|
|
|
|
|
75,283 |
|
Intercompany payable |
|
841,709 |
|
|
61,077 |
|
|
— |
|
|
(902,786) |
|
|
— |
|
Losses in excess of investment in subsidiaries |
|
— |
|
|
— |
|
|
26,246 |
|
|
(26,246) |
|
|
— |
|
Other long-term obligations |
|
708 |
|
|
— |
|
|
60,884 |
|
|
(12,079) |
|
|
49,513 |
|
Total Central Garden & Pet shareholders’ equity (deficit) |
|
973,124 |
|
|
23,474 |
|
|
1,740,870 |
|
|
(1,764,344) |
|
|
973,124 |
|
Noncontrolling interest |
|
— |
|
|
48 |
|
|
— |
|
|
|
|
|
48 |
|
Total equity |
|
973,124 |
|
|
23,522 |
|
|
1,740,870 |
|
|
(1,764,344) |
|
|
973,172 |
|
Total |
|
$ |
2,680,307 |
|
|
$ |
112,375 |
|
|
$ |
2,047,930 |
|
|
$ |
(2,705,455) |
|
|
$ |
2,135,157 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONSOLIDATING CONDENSED BALANCE SHEET |
|
|
|
|
|
|
|
|
|
|
December 29, 2018 |
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
|
|
|
|
|
|
|
|
|
Parent |
|
Non- Guarantor Subsidiaries |
|
Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
ASSETS |
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
470,049 |
|
|
$ |
6,500 |
|
|
$ |
2,188 |
|
|
$ |
— |
|
|
$ |
478,737 |
|
Restricted cash |
|
10,921 |
|
|
— |
|
|
— |
|
|
— |
|
|
10,921 |
|
Accounts receivable, net |
|
95,399 |
|
|
9,736 |
|
|
145,088 |
|
|
— |
|
|
250,223 |
|
Inventories, net |
|
137,158 |
|
|
36,698 |
|
|
319,889 |
|
|
— |
|
|
493,745 |
|
Prepaid expenses and other |
|
16,268 |
|
|
1,635 |
|
|
20,495 |
|
|
— |
|
|
38,398 |
|
Total current assets |
|
729,795 |
|
|
54,569 |
|
|
487,660 |
|
|
— |
|
|
1,272,024 |
|
Property, plant and equipment, net |
|
31,311 |
|
|
33,483 |
|
|
146,766 |
|
|
— |
|
|
211,560 |
|
Goodwill |
|
20,578 |
|
|
7,414 |
|
|
253,185 |
|
|
— |
|
|
281,177 |
|
Other long-term assets |
|
54,972 |
|
|
6,663 |
|
|
132,846 |
|
|
(8,396) |
|
|
186,085 |
|
Intercompany receivable |
|
100,968 |
|
|
— |
|
|
775,169 |
|
|
(876,137) |
|
|
— |
|
Investment in subsidiaries |
|
1,632,068 |
|
|
— |
|
|
— |
|
|
(1,632,068) |
|
|
— |
|
Total |
|
$ |
2,569,692 |
|
|
$ |
102,129 |
|
|
$ |
1,795,626 |
|
|
$ |
(2,516,601) |
|
|
$ |
1,950,846 |
|
LIABILITIES AND EQUITY |
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
$ |
47,350 |
|
|
$ |
12,359 |
|
|
$ |
81,477 |
|
|
$ |
— |
|
|
$ |
141,186 |
|
Accrued expenses |
|
48,038 |
|
|
4,159 |
|
|
56,048 |
|
|
— |
|
|
108,245 |
|
Current portion of long-term debt |
|
117 |
|
|
— |
|
|
— |
|
|
— |
|
|
117 |
|
Total current liabilities |
|
95,505 |
|
|
16,518 |
|
|
137,525 |
|
|
— |
|
|
249,548 |
|
Long-term debt |
|
692,157 |
|
|
— |
|
|
175 |
|
|
— |
|
|
692,332 |
|
Intercompany payable |
|
817,165 |
|
|
58,972 |
|
|
— |
|
|
(876,137) |
|
|
— |
|
Losses in excess of investment in subsidiaries |
|
— |
|
|
— |
|
|
26,148 |
|
|
(26,148) |
|
|
— |
|
Other long-term obligations |
|
8,602 |
|
|
— |
|
|
52,276 |
|
|
(8,396) |
|
|
52,482 |
|
Total Central Garden & Pet shareholders’ equity (deficit) |
|
956,263 |
|
|
26,418 |
|
|
1,579,502 |
|
|
(1,605,920) |
|
|
956,263 |
|
Noncontrolling interest |
|
— |
|
|
221 |
|
|
— |
|
|
— |
|
|
221 |
|
Total equity |
|
956,263 |
|
|
26,639 |
|
|
1,579,502 |
|
|
(1,605,920) |
|
|
956,484 |
|
Total |
|
$ |
2,569,692 |
|
|
$ |
102,129 |
|
|
$ |
1,795,626 |
|
|
$ |
(2,516,601) |
|
|
$ |
1,950,846 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONSOLIDATING CONDENSED BALANCE SHEET |
|
|
|
|
|
|
|
|
|
|
September 28, 2019 |
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
|
|
|
|
|
|
|
|
|
Parent |
|
Non- Guarantor Subsidiaries |
|
Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
ASSETS |
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
489,590 |
|
|
$ |
7,308 |
|
|
$ |
851 |
|
|
$ |
— |
|
|
$ |
497,749 |
|
Restricted cash |
|
12,952 |
|
|
— |
|
|
— |
|
|
— |
|
|
12,952 |
|
Accounts receivable, net |
|
99,372 |
|
|
11,551 |
|
|
189,212 |
|
|
— |
|
|
300,135 |
|
Inventories, net |
|
121,344 |
|
|
30,826 |
|
|
314,027 |
|
|
— |
|
|
466,197 |
|
Prepaid expenses and other assets |
|
9,339 |
|
|
1,241 |
|
|
19,580 |
|
|
— |
|
|
30,160 |
|
Total current assets |
|
732,597 |
|
|
50,926 |
|
|
523,670 |
|
|
— |
|
|
1,307,193 |
|
Property, plant and equipment, net |
|
27,395 |
|
|
35,854 |
|
|
182,156 |
|
|
— |
|
|
245,405 |
|
Goodwill |
|
20,578 |
|
|
7,414 |
|
|
258,085 |
|
|
— |
|
|
286,077 |
|
Other long-term assets |
|
55,690 |
|
|
5,487 |
|
|
139,138 |
|
|
(13,970) |
|
|
186,345 |
|
Intercompany receivable |
|
37,544 |
|
|
— |
|
|
879,231 |
|
|
(916,775) |
|
|
— |
|
Investment in subsidiaries |
|
1,784,750 |
|
|
— |
|
|
— |
|
|
(1,784,750) |
|
|
— |
|
Total |
|
$ |
2,658,554 |
|
|
$ |
99,681 |
|
|
$ |
1,982,280 |
|
|
$ |
(2,715,495) |
|
|
$ |
2,025,020 |
|
LIABILITIES AND EQUITY |
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
$ |
47,506 |
|
|
$ |
6,895 |
|
|
$ |
94,845 |
|
|
$ |
— |
|
|
$ |
149,246 |
|
Accrued expenses and other liabilities |
|
54,623 |
|
|
4,814 |
|
|
69,729 |
|
|
— |
|
|
129,166 |
|
Current portion of long term debt |
|
113 |
|
|
— |
|
|
— |
|
|
— |
|
|
113 |
|
Total current liabilities |
|
102,242 |
|
|
11,709 |
|
|
164,574 |
|
|
— |
|
|
278,525 |
|
Long-term debt |
|
693,037 |
|
|
— |
|
|
— |
|
|
— |
|
|
693,037 |
|
Intercompany payable |
|
858,673 |
|
|
58,102 |
|
|
— |
|
|
(916,775) |
|
|
— |
|
Losses in excess of investment in subsidiaries |
|
— |
|
|
— |
|
|
25,567 |
|
|
(25,567) |
|
|
— |
|
Other long-term obligations |
|
8,595 |
|
|
— |
|
|
62,656 |
|
|
(13,970) |
|
|
57,281 |
|
Total Central Garden & Pet shareholders’ equity (deficit) |
|
996,007 |
|
|
29,700 |
|
|
1,729,483 |
|
|
(1,759,183) |
|
|
996,007 |
|
Noncontrolling interest |
|
— |
|
|
170 |
|
|
— |
|
|
— |
|
|
170 |
|
Total equity |
|
996,007 |
|
|
29,870 |
|
|
1,729,483 |
|
|
(1,759,183) |
|
|
996,177 |
|
Total |
|
$ |
2,658,554 |
|
|
$ |
99,681 |
|
|
$ |
1,982,280 |
|
|
$ |
(2,715,495) |
|
|
$ |
2,025,020 |
|
|
Consolidating Condensed Statement of Cash Flows |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS |
|
|
|
|
|
|
|
|
|
|
Three Months Ended December 28, 2019 |
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
|
|
|
|
|
|
|
|
|
Parent |
|
Non- Guarantor Subsidiaries |
|
Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
Net cash used by operating activities |
|
$ |
(8,297) |
|
|
$ |
(1,238) |
|
|
$ |
(8,487) |
|
|
$ |
— |
|
|
$ |
(18,022) |
|
Additions to property, plant and equipment |
|
(1,817) |
|
|
188 |
|
|
(8,248) |
|
|
— |
|
|
(9,877) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments |
|
(424) |
|
|
— |
|
|
— |
|
|
— |
|
|
(424) |
|
Other investing activities |
|
(75) |
|
|
— |
|
|
— |
|
|
— |
|
|
(75) |
|
Intercompany investing activities |
|
(3,270) |
|
|
— |
|
|
17,258 |
|
|
(13,988) |
|
|
— |
|
Net cash (used) provided by investing activities |
|
(5,586) |
|
|
188 |
|
|
9,010 |
|
|
(13,988) |
|
|
(10,376) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repayments of long-term debt |
|
(31) |
|
|
— |
|
|
— |
|
|
— |
|
|
(31) |
|
Payment of financing costs |
|
(869) |
|
|
|
|
|
|
|
|
|
|
|
(869) |
|
Repurchase of common stock |
|
(23,054) |
|
|
— |
|
|
— |
|
|
— |
|
|
(23,054) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payment of contingent consideration liability |
|
— |
|
|
— |
|
|
(77) |
|
|
— |
|
|
(77) |
|
Intercompany financing activities |
|
(16,962) |
|
|
2,974 |
|
|
— |
|
|
13,988 |
|
|
— |
|
Net cash (used) provided by financing activities |
|
(40,916) |
|
|
2,974 |
|
|
(77) |
|
|
13,988 |
|
|
(24,031) |
|
Effect of exchange rate changes on cash, cash equivalents and restricted cash |
|
416 |
|
|
235 |
|
|
(120) |
|
|
— |
|
|
531 |
|
Net increase (decrease) in cash, cash equivalents and restricted cash |
|
(54,383) |
|
|
2,159 |
|
|
326 |
|
|
— |
|
|
(51,898) |
|
Cash, cash equivalents and restricted cash at beginning of period |
|
502,542 |
|
|
7,308 |
|
|
851 |
|
|
— |
|
|
510,701 |
|
Cash, cash equivalents and restricted cash at end of period |
|
$ |
448,159 |
|
|
$ |
9,467 |
|
|
$ |
1,177 |
|
|
$ |
— |
|
|
$ |
458,803 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS |
|
|
|
|
|
|
|
|
|
|
Three Months Ended December 29, 2018 |
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
|
|
|
|
|
|
|
|
|
Parent |
|
Non-Guarantor Subsidiaries |
|
Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
Net cash (used) provided by operating activities |
|
$ |
(3,592) |
|
|
$ |
(1,459) |
|
|
$ |
11,851 |
|
|
$ |
— |
|
|
$ |
6,800 |
|
Additions to property, plant and equipment |
|
(873) |
|
|
(704) |
|
|
(6,261) |
|
|
— |
|
|
(7,838) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments |
|
(1,499) |
|
|
— |
|
|
— |
|
|
— |
|
|
(1,499) |
|
Other investing activities |
|
(50) |
|
|
— |
|
|
— |
|
|
— |
|
|
(50) |
|
Intercompany investing activities |
|
(60,604) |
|
|
— |
|
|
(5,283) |
|
|
65,887 |
|
|
— |
|
Net cash used by investing activities |
|
(63,026) |
|
|
(704) |
|
|
(11,544) |
|
|
65,887 |
|
|
(9,387) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repayments of long-term debt |
|
(28) |
|
|
— |
|
|
(6) |
|
|
— |
|
|
(34) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repurchase of common stock |
|
(547) |
|
|
— |
|
|
— |
|
|
— |
|
|
(547) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payment of contingent consideration |
|
— |
|
|
— |
|
|
(54) |
|
|
— |
|
|
(54) |
|
Intercompany financing activities |
|
63,233 |
|
|
2,654 |
|
|
— |
|
|
(65,887) |
|
|
— |
|
Net cash provided (used) by financing activities |
|
62,658 |
|
|
2,654 |
|
|
(60) |
|
|
(65,887) |
|
|
(635) |
|
Effect of exchange rates on cash, cash equivalents and restricted cash |
|
(179) |
|
|
4 |
|
|
50 |
|
|
— |
|
|
(125) |
|
Net increase (decrease) in cash, cash equivalents and restricted cash |
|
(4,139) |
|
|
495 |
|
|
297 |
|
|
— |
|
|
(3,347) |
|
Cash, cash equivalents and restricted cash at beginning of period |
|
485,109 |
|
|
6,005 |
|
|
1,891 |
|
|
— |
|
|
493,005 |
|
Cash, cash equivalents and restricted cash at end of period |
|
$ |
480,970 |
|
|
$ |
6,500 |
|
|
$ |
2,188 |
|
|
$ |
— |
|
|
$ |
489,658 |
|
|