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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Net income $ 178,101 $ 28,139
Adjustments for items not affecting cash:    
Depreciation and amortization expenses 24,225 21,070
Share-based payments expense 7,590 7,193
Deferred income tax expense 12,434 963
Unrealized foreign exchange (gain) loss (248) 459
Gain on disposition of property, plant and equipment (169,820) (68)
Amortization of debt issuance costs 848 720
Amortization of right-of-use assets 3,455 3,172
Change in fair value of derivatives (1,263)  
Other, net 1,111 1,184
Net changes in operating assets and liabilities 128,701 117,855
Net cash provided by operating activities 185,134 180,687
Investing activities:    
Acquisitions, net of cash acquired (63)  
Property, plant and equipment additions (2,002) (1,556)
Proceeds on disposition of property, plant and equipment 164,659 66
Intangible asset additions (7,762) (8,769)
Issuance of loans receivable (1,099)  
Repayment of loans receivable 1,212 224
Net cash provided by (used in) investing activities 154,945 (10,035)
Financing activities:    
Dividends paid to stockholders (27,659) (24,181)
Proceeds from exercise of options and share option plans 986 6,719
Payment of withholding taxes on issuance of shares (1,531) (7,542)
Net increase (decrease) in short-term debt 15,376 (2,886)
Repayment of long-term debt (162,698) (2,626)
Debt issue costs (2,261)  
Repayment of finance lease obligations (2,506) (2,629)
Net cash used in financing activities (180,293) (33,145)
Effect of changes in foreign currency rates on cash, cash equivalents, and restricted cash 7,840 (2,782)
Increase 167,626 134,725
Beginning of period 1,362,452 306,895
Cash, cash equivalents, and restricted cash, end of period $ 1,530,078 $ 441,620