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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities:    
Net income $ 84,154 $ 71,777
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 57,914 53,856
Amortization of intangibles 7,131 6,517
Impairment charges 4,270 0
Share-based compensation expense 11,694 10,909
Equity in earnings of affiliates, net of dividends related to earnings 2,307 (1,415)
Loss on refinancing and extinguishment of debt 1,020 0
Other 9,829 947
Changes in operating assets and liabilities (114,141) (27,350)
Net cash provided by operating activities 64,178 115,241
Investing activities:    
Capital expenditures (98,149) (81,429)
Loan to affiliate 0 (4,906)
Acquisition of businesses, net of cash acquired 0 (3,020)
Proceeds from sale of fixed assets and other 348 73
Net cash used in investing activities (97,801) (89,282)
Financing activities:    
Principal payments on long-term debt (11,297) (4,886)
Increase in short-term debt, net 541 1,331
Restricted cash deposit for overdraft facility 0 (25,000)
Repurchase of common stock (7,514) (23,800)
Proceeds from exercise of warrants 707 413
Taxes withheld and paid on employees' share based payment awards (11,671) (4,896)
Other (792) 43
Net cash used in financing activities (30,026) (56,795)
Effects of exchange rate changes on cash and cash equivalents (16,257) (7,861)
Changes in cash and cash equivalents (79,906) (38,697)
Cash and cash equivalents at beginning of period 480,092 378,243
Cash and cash equivalents at end of period $ 400,186 $ 339,546