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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income $ 236,288 $ 99,229 $ 154,115
Adjustments to reconcile net income to net cash provided by operating activities, net of effects of acquisitions:      
Depreciation 106,219 91,747 91,543
Amortization of intangible assets 16,216 16,260 18,041
Amortization of debt issuance costs 754 1,455 521
Share-based compensation 33,205 25,260 20,535
Loss (gain) on disposal of property, plant and equipment 243 119 (24,429)
Deferred income taxes 21,459 (14,456) 9,904
Investment (gain) (37,896) (1,766) (273)
Other 1,239 817 86
Changes in operating assets:      
Accounts receivable (52,721) (10,501) (30,775)
Inventories (43,038) (4,560) (11,325)
Prepaid expenses and other current assets (25,445) (9,067) (6,630)
Changes in operating liabilities:      
Accounts payable 55,628 7,422 3,513
Accrued liabilities 29,352 (9,198) 7,369
Other liabilities (1,455) (2,182) (2,694)
Income taxes payable (refundable) (1,505) (3,359) 271
Net cash and cash equivalents provided by operating activities 338,543 187,220 229,772
Investing Activities      
Acquisitions, net of cash acquired (157) (24,593) (33,028)
Purchases of short-term investments (7,567) (11,486) (19,271)
Sales of short-term investments 7,328 10,277 21,847
Purchase of equity securities (15,106) (6,131)  
Purchases of property, plant and equipment (141,195) (75,813) (98,505)
Proceeds from sales of property, plant and equipment 3,207 232 29,366
Other 9,261 742 (835)
Net cash and cash equivalents used by investing activities (144,229) (106,772) (100,426)
Financing Activities      
Advances on lines of credit and short-term debt 21,862 77,483 9,954
Repayments on lines of credit and short-term debt (146,372) (40,498) (7,362)
Proceeds from long-term debt 557,882 956,363 405,540
Repayments of long-term debt (586,001) (744,237) (522,860)
Debt issuance costs (673) (2,477) (223)
Repayments of finance lease obligations (291) (919) (1,082)
Net proceeds from the issuance of common stock 4,337 6,830 11,901
Capital contribution from noncontrolling interest 7,803 10  
Dividend distribution to noncontrolling interest (2,172) (2,112) (3,818)
Repurchase of common stock   (296,705)  
Taxes related to net share settlement (14,823) (8,302) (4,432)
Other 7 262 (50)
Net cash and cash equivalents used by financing activities (158,441) (54,302) (112,432)
Effect of exchange rate changes on cash and cash equivalents, including restricted cash 10,416 34,876 760
Increase in cash and cash equivalents, including restricted cash 46,289 61,022 17,674
Cash and cash equivalents, beginning of year, including restricted cash 320,529 259,507 241,833
Cash and cash equivalents, end of year, including restricted cash 366,818 320,529 259,507
Cash paid during the year for:      
Interest 6,944 10,219 7,235
Income taxes 56,077 47,891 37,158
Non-cash activities:      
Accounts payable balance related to the purchase of property, plant and equipment $ 24,256 $ 7,297 $ 10,167