XML 25 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net sales $ 2,244,044 $ 2,941,324 $ 2,904,563
Cost of sales 1,851,867 2,392,377 2,266,145
Gross profit 392,177 548,947 638,418
Operating expenses:      
Selling, general and administrative 176,857 202,699 261,994
Research and development 84,472 88,573 124,762
Production start-up 90,735 42,643 1,021
Restructuring and asset impairments 0 37,181 743,862
Goodwill impairment 0 0 74,930
Total operating expenses 352,064 371,096 1,206,569
Operating income (loss) 40,113 177,851 (568,151)
Foreign currency loss, net (570) (9,640) (14,007)
Interest income 59,788 35,704 25,193
Interest expense, net (25,921) (25,765) (20,538)
Other income, net 39,737 23,965 40,252
Income (loss) before taxes and equity in earnings 113,147 202,115 (537,251)
Income tax expense (3,441) (371,996) (23,167)
Equity in earnings, net of tax 34,620 4,266 144,306
Net income (loss) $ 144,326 $ (165,615) $ (416,112)
Net income (loss) per share:      
Basic $ 1.38 $ (1.59) $ (4.05)
Diluted $ 1.36 $ (1.59) $ (4.05)
Weighted-average number of shares used in per share calculations:      
Basic 104,745 104,328 102,866
Diluted 106,113 104,328 102,866