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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income (loss) $ 57,875 $ 22,384
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 46,000 51,563
Stock-based compensation 15,254 13,300
Amortization of prepaid debt fees 800 806
Deferred taxes, net 7,615 17,772
Restructuring, non-cash (720) 5,153
Other adjustments, net 3,111 (734)
Changes in operating assets and liabilities:    
Accounts receivable 2,537 (32,652)
Inventories (30,843) 3,207
Other current assets (23,492) (15,591)
Other long-term assets 10,460 8,499
Accounts payable, other current liabilities, and taxes payable 34,987 (5,830)
Wages and benefits payable 6,218 11,516
Unearned revenue (5,679) (8,684)
Warranty (10,285) (9,900)
Other operating, net 663 21,072
Net cash provided by operating activities 114,501 81,881
Investing activities    
Acquisitions of property, plant, and equipment (33,493) (30,563)
Business acquisitions, net of cash and cash equivalents acquired (98,848) (951)
Other investing, net 10 (1,258)
Net cash used in investing activities (132,331) (32,772)
Financing activities    
Proceeds from borrowings 35,000 0
Payments on debt (24,844) (29,031)
Issuance of common stock 2,797 1,993
Other financing, net 1,216 (3,658)
Net cash provided by (used in) financing activities 14,169 (30,696)
Effect of foreign exchange rate changes on cash and cash equivalents 7,680 1,949
Increase in cash and cash equivalents 4,019 20,362
Cash and cash equivalents at beginning of period 133,565 131,018
Cash and cash equivalents at end of period 137,584 151,380
Supplemental disclosure of cash flow information:    
Income taxes, net 25,423 17,207
Interest, net of amounts capitalized $ 7,629 $ 7,592