XML 20 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net income $ 274,436 $ 121,277
Adjustments for items not affecting cash:    
Depreciation and amortization expenses 72,813 64,912
Share-based payments expense 31,396 23,306
Deferred income tax expense 7,887 2,228
Unrealized foreign exchange (gain) loss (5,340) (98)
Gain on disposition of property, plant and equipment (170,499) (1,311)
Loss on redemption of 2021 Notes 4,792  
Amortization of debt issuance costs 3,104 2,155
Amortization of right-of-use assets 13,929 9,458
Change in fair value of derivatives (1,263)  
Other, net 2,824 2,253
Net changes in operating assets and liabilities 29,827 79,938
Net cash provided by operating activities 263,906 304,118
Investing activities:    
Acquisitions, net of cash acquired (63) 728
Property, plant and equipment additions (26,279) (6,984)
Proceeds on disposition of property, plant and equipment 165,190 1,667
Intangible asset additions (28,225) (25,601)
Issuance of loans receivable (7,027) (2,622)
Repayment of loans receivable 4,744 436
Net cash provided by (used in) investing activities 108,340 (32,376)
Financing activities:    
Dividends paid to stockholders (85,284) (76,144)
Acquisition of remaining interest in NCI   (5,556)
Dividends paid to NCI   (104)
Proceeds from exercise of options and share option plans 5,763 13,915
Payment of withholding taxes on issuance of shares (3,860) (9,160)
Net increase (decrease) in short-term debt (4,176) (9,271)
Repayment of long-term debt (1,094,926) (5,328)
Debt issue costs (3,644) (3,163)
Repayment of finance lease obligations (7,877) (8,445)
Net cash used in financing activities (1,194,004) (103,256)
Effect of changes in foreign currency rates on cash, cash equivalents, and restricted cash (25,620) (7,027)
Increase (847,378) 161,459
Beginning of period 1,362,452 306,895
Cash, cash equivalents, and restricted cash, end of period $ 515,074 $ 468,354