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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 121,887 $ 129,437 $ 143,086
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 83,003 71,564 72,397
Impairment of fixed assets 48,551 0 0
Equity method earnings (456) (1,048) 0
Gain on step acquisition (13,644) 0 0
Loss on extinguishment of debt 7,220 0 0
Japan customs expense 0 0 31,355
Foreign currency (gains)/losses 16,381 (3,014) 8,863
Stock-based compensation 26,609 19,314 8,890
Deferred taxes (14,929) 39,213 (17,652)
Changes in operating assets and liabilities:      
Accounts receivable (10,453) (103) 3,357
Inventories, net (33,371) 7,537 9,801
Prepaid expenses and other (1,536) 14,250 37,789
Other assets 887 (11,658) (3,969)
Accounts payable (9,164) 6,834 13,443
Accrued expenses (7,433) 22,490 (33,624)
Other liabilities (10,814) 7,739 1,527
Net cash provided by (used in) operating activities 202,738 302,555 275,263
Cash flows from investing activities:      
Purchases of property and equipment (70,371) (60,156) (50,221)
Proceeds on investment sales 11,536 11,269 18,132
Purchases of investments (11,420) (11,332) (17,080)
Acquisitions and investments in equity investees (38,506) (31,745) (8,692)
Net cash used in investing activities (108,761) (91,964) (57,861)
Cash flows from financing activities:      
Payment of cash dividends (80,581) (76,058) (78,438)
Repurchase of shares of common stock (69,565) (71,731) (247,208)
Exercise of employee stock options and taxes paid related to the net shares settlement of stock awards 10,777 24,443 14,307
Income tax benefit of equity awards 0 0 5,651
Payments on long-term debt (552,500) (103,226) (56,151)
Payment of debt issuance costs (7,243) 0 (6,596)
Proceeds from long-term debt 582,398 67,000 233,721
Net cash used in financing activities (116,714) (159,572) (134,714)
Effect of exchange rate changes on cash (16,751) 18,134 (14,796)
Net increase (decrease) in cash and cash equivalents (39,488) 69,153 67,892
Cash and cash equivalents, beginning of period 426,399 357,246 289,354
Cash and cash equivalents, end of period $ 386,911 $ 426,399 $ 357,246