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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities    
Net income $ 20,400 $ 31,736
Adjustments to reconcile net income to net cash provided by operating activities, net of effects of acquisitions    
Depreciation 22,809 22,157
Amortization of intangible assets 4,221 4,484
Share-based compensation expense 4,693 4,476
Deferred income taxes 17 31
Other 741 (221)
Changes in operating assets:    
Change in accounts receivable 16,139 12,874
Change in inventory 2,550 (200)
Change in other operating assets (1,022) 2,605
Changes in operating liabilities:    
Change in accounts payable (9,160) (11,201)
Change in accrued liabilities (12,105) (4,874)
Change in income tax payable 3,853 5,678
Change in other operating liabilities 539 2,344
Net cash flows provided by operating activities 53,675 69,889
Cash flows from investing activities    
Acquisitions, net of cash received 591  
Purchases of property, plant and equipment (14,208) (18,639)
Purchases of short-term investments (1,523) (3,153)
Purchase of equity securities (6,129)  
Proceeds from maturity of short-term investments 3,467 3,982
Other 244 658
Net cash and cash equivalents used in investing activities (17,558) (17,152)
Cash flows from financing activities    
Advances on lines of credit and short-term debt 3,647 3,568
Repayments of line of credit and short-term debt (3,498) (1,461)
Taxes paid related to net share settlement (4,467) (645)
Proceeds from long-term debt 82,331 85,000
Repayments of long-term debt (98,884) (83,089)
Net proceeds from issuance of common stock   6,667
Repayment of and proceeds from finance lease obligation (223) (293)
Dividend distribution to noncontrolling interests (108)  
Other (195) (120)
Net cash and cash equivalents (used in) provided by financing activities (21,397) 9,627
Effect of exchange rate changes on cash and cash equivalents (3,315) (1,890)
Change in cash and cash equivalents, including restricted cash 11,405 60,474
Cash and cash equivalents, beginning of period, including restricted cash 259,507 241,833
Cash and cash equivalents, end of period, including restricted cash 270,912 302,307
Supplemental Cash Flow Information    
Interest paid during the period 1,068 2,095
Taxes paid during the period 6,091 4,323
Non-cash investing and financing activities:    
Accounts payable balance related to the purchase of property, plant and equipment $ 8,847 $ 9,886