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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities:    
Net income $ 42,504 $ 31,537
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 28,262 26,927
Amortization of intangibles 3,595 3,278
Impairment charges 4,270 0
Share-based compensation expense 6,804 4,434
Equity in earnings of affiliates, net of dividends related to earnings 965 1,252
Other 7,661 (362)
Changes in operating assets and liabilities (90,510) (39,152)
Net cash provided by operating activities 3,551 27,914
Investing activities:    
Capital expenditures (58,270) (55,090)
Acquisition of businesses, net of cash acquired 0 (3,020)
Proceeds from sale of fixed assets 33 (127)
Net cash used in investing activities (58,237) (58,237)
Financing activities:    
Increase in short-term debt, net 142 2,295
Principal payments on long-term debt (1,836) (2,436)
Repurchase of common stock 0 (23,800)
Proceeds from exercise of warrants 580 248
Taxes withheld and paid on employees' share based payment awards (10,740) (1,714)
Other (117) 28
Net Cash (used in) provided by financing activities (11,971) (25,379)
Effects of exchange rate changes on cash and cash equivalents (6,510) (9,464)
Changes in cash and cash equivalents (73,167) (65,166)
Cash and cash equivalents at beginning of period 480,092 378,243
Cash and cash equivalents at end of period $ 406,925 $ 313,077