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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income $ 154,115 $ 105,406 $ 266
Adjustments to reconcile net income to net cash provided by operating activities, net of effects of acquisitions:      
Depreciation 91,543 86,291 76,883
Amortization of intangibles 18,041 18,353 18,798
Amortization of debt issuance costs 521 522 514
Share-based compensation 20,535 20,736 18,609
Gain on disposal of property, plant and equipment (24,429) (636) 1,969
Deferred income taxes 9,904 3,674 25,326
Other (187) (2,335) (1,814)
Changes in operating assets:      
Accounts receivable (30,775) (29,478) 22,261
Inventories (11,325) (2,154) (17,199)
Prepaid expenses and other current assets (6,630) (11,119) 1,494
Changes in operating liabilities:      
Accounts payable 3,513 9,977 17,313
Accrued liabilities 7,369 (13,445) 13,079
Other liabilities (2,694) 345 4,495
Income taxes payable (refundable) 271 (571) (871)
Net cash and cash equivalents provided by operating activities 229,772 185,566 181,123
Investing Activities      
Acquisitions, net of cash acquired (33,028) (41)  
Purchases of short-term investments (19,271) (15,901) (12,205)
Sales of short-term investments 21,847 12,576 38,600
Purchases of property, plant and equipment (98,505) (87,507) (111,161)
Proceeds from sales of property, plant and equipment 29,366 429 1,219
Receipt of subsidies and grants     6,968
Other (835) 1,500 (2,333)
Net cash and cash equivalents used in investing activities (100,426) (88,944) (78,912)
Financing Activities      
Advances on lines of credit and short-term debt 9,954 9,151 3,375
Repayments on lines of credit and short-term debt (7,362) (2,797) (2,391)
Taxes related to net share settlement (4,432) (11,294) (278)
Net proceeds from the issuance of common stock 11,901 4,862 13,606
Proceeds from long-term debt 405,540 465,656 44,500
Debt issuance costs (223)   (111)
Repayments of long-term debt (522,860) (522,473) (204,374)
Repayments of finance lease obligations (1,082) 1,198 (587)
Purchase of treasury stock     (8,745)
Capital contribution from noncontrolling interest   6,255  
Dividend distribution to noncontrolling interest (3,818) (2,694) (5,754)
Other (50) 225 2,575
Net cash and cash equivalents used in financing activities (112,432) (51,911) (158,184)
Effect of exchange rate changes on cash and cash equivalents, including restricted cash 760 (8,078) 11,461
Increase (decrease) in cash and cash equivalents, including restricted cash 17,674 36,633 (44,512)
Cash and cash equivalents, beginning of year, including restricted cash 241,833 205,200 249,712
Cash and cash equivalents, end of year, including restricted cash 259,507 241,833 205,200
Cash paid during the year for:      
Interest 7,235 9,962 13,547
Income taxes 37,158 33,265 30,447
Non-cash activities:      
(Increase) decrease property, plant and equipment purchased on accounts payable $ 2,260 $ 7,766 (14,081)
Noncontrolling Interest      
Non-cash activities:      
Decrease (increase) in dividend accrued for noncontrolling interest     $ 1,008