XML 56 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flow from operating activities:    
Net income (loss) $ 82,962 $ (137,938)
Adjustments to reconcile net income (loss) to cash flow used in operating activities:    
Depreciation and amortization 55,405 64,085
Share-based compensation 15,978 14,070
Excess tax benefits from share-based compensation (270) (378)
Devaluation of Venezuelan balance sheet 12,101 1,584
Gain on sale of assets, net (13,098) (3,421)
Impairment of assets 0 70,642
Cash flow from changes in certain assets and liabilities:    
Trade receivables (164,710) (41,789)
Inventories (156,281) (79,492)
Prepaid expenses (1,877) 11,481
Prepaid income taxes 7,452 (20,987)
Other current assets (46,438) (42,544)
Accounts payable 87,634 (10,660)
Deferred revenue 30,433 5,168
Deferred income tax (6,480) 40,164
Finance lease receivables (59,271) (12,405)
Certain other assets and liabilities 45,725 83,378
Net cash used in operating activities (110,735) (59,042)
Cash flow from investing activities:    
Payments for acquisitions, net of cash acquired (11,749) 0
Proceeds from maturities of investments 406,623 379,889
Proceeds from sale of investments (39,586) (22,711)
Payments for purchases of investments 339,772 363,710
Proceeds from sale of assets 17,680 4,353
Capital expenditures (33,554) (25,648)
Collections on purchased finance receivables 0 6,105
Increase in certain other assets (13,828) (10,006)
Net cash provided by investing activities 64,986 13,694
Cash flow from financing activities:    
Dividends paid (56,193) (55,469)
Debt issuance costs (1,368) 0
Revolving debt borrowings, net 124,012 11,007
Other debt borrowings 133,848 38,591
Other debt repayments (141,581) (112,140)
Distributions to noncontrolling interest holders (2,158) (6,380)
Excess tax benefits from share-based compensation 270 378
Issuance of common shares 14,440 10,264
Repurchase of common shares (1,843) (3,660)
Net cash provided by (used in) financing activities 69,427 (117,409)
Effect of exchange rate changes on cash and cash equivalents (13,954) (114)
Increase (decrease) in cash and cash equivalents 9,724 (162,871)
Cash and cash equivalents at the beginning of the period 230,709 368,792
Cash and cash equivalents at the end of the period $ 240,433 $ 205,921