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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Cash flows from operating activities:    
Net income $ 101,655 $ 39,974
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 71,966 47,134
Amortization of intangibles 72,645 50,376
Amortization of debt issuance costs 8,050 3,441
Impairment charges 10,057 0
Foreign currency forward contract loss 0 70,777
Deferred income tax provision (benefit) 19,312 2,218
(Gain) loss on disposition of property, plant and equipment 1,524 127
Stock-based compensation expense 14,425 14,118
Changes in assets and liabilities:    
Accounts receivable 219,750 17,438
Inventories (62,475) 145,049
Prepaid income taxes, expenses and other (8,963) (9,090)
Accounts payable (137,668) (95,849)
Guarantee liabilities related to former EHG subsidiaries 0 (105,343)
Accrued liabilities (73,621) (5,182)
Long-term liabilities and other 612 614
Net cash provided by operating activities 237,269 175,802
Cash flows from investing activities:    
Purchases of property, plant and equipment (77,302) (83,749)
Proceeds from dispositions of property, plant and equipment 26,854 1,281
Business acquisitions, net of cash acquired 0 (1,658,577)
Foreign currency forward contract payment related to business acquisition 0 (70,777)
Equity investment in joint venture 0 (5,250)
Other (5,239) 0
Net cash used in investing activities (55,687) (1,817,072)
Cash flows from financing activities:    
Borrowings on term-loan credit facilities 0 2,095,018
Borrowings on revolving asset-based credit facilities 379,222 100,000
Payments on term-loan credit facilities (199,301) (1,732)
Payments on revolving asset-based credit facilities (74,776) (40,000)
Payments on unsecured notes 0 (84,728)
Payments on other debt (10,358) (70,319)
Payments of debt issuance costs 0 (69,220)
Regular cash dividends paid (66,239) (62,664)
Payments on finance lease obligations (324)  
Principal payments on capital lease obligations   (301)
Payments related to vesting of stock-based awards (3,763) (4,418)
Short-term financial obligations and other, net 532 (6,092)
Net cash provided by financing activities 24,993 1,855,544
Effect of exchange rate changes on cash and cash equivalents and restricted cash (2,872) (2,610)
Net increase in cash and cash equivalents and restricted cash 203,703 211,664
Cash and cash equivalents and restricted cash, beginning of period 451,262 275,249
Cash and cash equivalents and restricted cash, end of period 654,965 486,913
Less: restricted cash 3,480 25,801
Cash and cash equivalents, end of period 651,485 461,112
Supplemental cash flow information:    
Income taxes paid 51,281 69,872
Interest paid 75,709 24,714
Non-cash investing and financing transactions:    
Capital expenditures in accounts payable 2,057 6,125
Common stock issued for business acquisition $ 0 $ 144,168