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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income $ 31,021 $ 31,286
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 29,468 35,481
Stock-based compensation 10,135 7,878
Amortization of prepaid debt fees 533 534
Deferred taxes, net 7,077 9,706
Restructuring, non-cash 80 (131)
Other adjustments, net 2,395 (366)
Changes in operating assets and liabilities:    
Accounts receivable (2,032) (35,283)
Inventories (29,470) 2,882
Other current assets (3,905) (10,549)
Other long-term assets 2,186 2,667
Accounts payable, other current liabilities, and taxes payable 36,861 (735)
Wages and benefits payable 12,299 14,709
Unearned revenue 6,701 5,513
Warranty (4,825) (9,065)
Other operating, net (5,080) (3,400)
Net cash provided by operating activities 93,444 51,127
Investing activities    
Acquisitions of property, plant, and equipment (21,898) (19,884)
Business acquisitions, net of cash and cash equivalents acquired (99,477) (951)
Other investing, net (456) (974)
Net cash used in investing activities (121,831) (21,809)
Financing activities    
Proceeds from borrowings 35,000 0
Payments on debt (20,625) (26,218)
Issuance of common stock 2,198 1,956
Other financing, net 952 (4,679)
Net cash provided provided by (used in) financing activities 17,525 (28,941)
Effect of foreign exchange rate changes on cash and cash equivalents 5,177 619
Increase (decrease) in cash and cash equivalents (5,685) 996
Cash and cash equivalents at beginning of period 133,565 131,018
Cash and cash equivalents at end of period 127,880 132,014
Supplemental disclosure of cash flow information:    
Income taxes, net 14,480 10,545
Interest, net of amounts capitalized $ 5,021 $ 5,064