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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Dec. 31, 2012
USD ($)
Cash flow from operating activities:      
Net income (loss) $ 117,019 $ (176,522) $ 79,545
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 74,072 82,594 78,644
Share-based compensation expense 21,545 15,432 13,840
Excess tax benefits from share-based compensation (454) (471) (1,843)
Impairment of assets 2,123 72,017 15,783
Pension curtailment, settlement and special termination 0 69,561 21,907
Devaluation of Venezuelan balance sheet 12,101 1,584 0
Gain on sale of assets, net (12,888) (2,410) (1,202)
Equity in earnings of an investee 0 0 (702)
Cash flow from changes in certain assets and liabilities, net of the effects of acquisitions      
Trade receivables (58,588) 23,983 (75,275)
Inventories (53,241) 21,337 20,955
Prepaid expenses (1,993) 12,908 (3,490)
Prepaid income taxes 9,589 (4,889) (1,890)
Other current assets (42,785) (11,183) (16,080)
Accounts payable 59,278 (9,659) 2,564
Deferred revenue 51,554 16,522 (21,767)
Deferred income taxes (11,305) (15,125) (10,558)
Pension and other post-retirement benefits (5,034) 11,026 3,774
Finance lease receivables (61,579) (32,593) 23,650
Certain other assets and liabilities 87,492 50,112 7,653
Net cash provided by operating activities 186,906 124,224 135,508
Cash flow from investing activities:      
Payments for acquisitions, net of cash acquired (11,749) 0 (28,292)
Proceeds from maturities of investments 477,421 464,331 325,403
Proceeds from sale of investments 39,586 55,987 50,431
Payments for purchases of investments (428,652) (537,682) (377,070)
Proceeds from sale of assets 18,441 7,536 3,357
Capital expenditures (61,453) (35,447) (49,742)
Increase in certain other assets (19,795) (13,747) (13,077)
Purchase of finance receivables, net of cash collections 0 6,303 16,159
Net cash provided by (used in) investing activities 13,799 (52,719) (72,831)
Cash flow from financing activities:      
Dividends paid (74,946) (73,997) (72,830)
Debt issuance costs (1,368) 0 0
Revolving debt borrowings (repayments), net 2,000 (56,000) 70,000
Other debt borrowings 157,676 51,231 117,163
Other debt repayments (175,501) (121,901) (163,538)
Distributions to noncontrolling interest holders (2,158) (16,913) (2,092)
Excess tax benefits from share-based compensation 454 471 1,843
Issuance of common shares 14,607 16,723 16,679
Repurchase of common shares (1,918) (4,063) (3,452)
Net cash used in financing activities (81,154) (204,449) (36,227)
Effect of exchange rate changes on cash (28,243) (5,139) 8,422
Increase (decrease) in cash and cash equivalents 91,308 (138,083) 34,872
Cash and cash equivalents at the beginning of the year 230,709 368,792 333,920
Cash and cash equivalents at the end of the year 322,017 230,709 368,792
Cash paid for:      
Income taxes 49,181 76,480 49,011
Interest 31,185 29,543 28,917
Significant noncash investing and financing activities:      
Accrued holdback for acquisition $ 0 $ 0 $ 12,000