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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities      
Net income (loss) $ 98,318 $ (9,547) $ (78,298)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization of intangible assets 55,763 66,763 84,153
Non-cash operating lease expense 16,454 16,257 17,107
Stock-based compensation 28,357 21,881 23,618
Amortization of prepaid debt fees 3,664 3,499 18,253
Deferred taxes, net (34,646) (32,635) (85,574)
Loss on sale of businesses 667 3,505 64,289
Loss on extinguishment of debt, net 0 0 10,000
Goodwill impairment 0 38,480 0
Restructuring, non-cash 385 (624) 8,744
Other adjustments, net (169) 11,678 2,930
Increase (Decrease) in Operating Capital [Abstract]      
Accounts receivable (19,494) 5,064 60,242
Inventories (52,118) (68,124) (3,721)
Other current assets (42,410) (16,695) 41,461
Other long-term assets 2,317 (5,436) 4,515
Accounts payable, other current liabilities, and taxes payable (43,657) 45,085 (23,330)
Wages and benefits payable 44,700 (21,749) 30,915
Unearned revenue 28,329 18,466 (29,366)
Warranty (3,778) (5,497) (8,169)
Restructuring 29,866 (40,981) 15,967
Other operating, net 12,423 (4,890) 1,058
Net cash provided by operating activities 124,971 24,500 154,794
Investing activities      
Net proceeds (payments) related to the sale of businesses (772) 55,933 3,142
Acquisitions of property, plant, and equipment (26,884) (19,747) (34,682)
Business acquisitions, net of cash and cash equivalents acquired 0 23 (8,670)
Other investing, net 4,348 4,307 5,326
Net cash provided by (used in) investing activities (23,308) 40,516 (34,884)
Financing activities      
Proceeds from borrowings 0 0 460,000
Payments on debt 0 0 (946,094)
Issuance of common stock 3,674 3,452 5,080
Proceeds from common stock offering 0 0 389,419
Proceeds from sale of warrants 0 0 45,349
Purchases of convertible note hedge contracts 0 0 (84,139)
Repurchase of common stock 0 (16,972) (8,028)
Prepaid debt fees (2,471) (697) (12,031)
Other financing, net (4,711) (4,520) (2,443)
Net cash used in financing activities (3,508) (18,737) (152,887)
Less: Cash classified within assets held for sale 0 0 (9,750)
Effect of foreign exchange rate changes on cash and cash equivalents 1,887 (6,851) (1,627)
Increase (decrease) in cash and cash equivalents 100,042 39,428 (44,354)
Cash and cash equivalents at beginning of period 202,007 162,579 206,933
Cash and cash equivalents at end of period 302,049 202,007 162,579
Supplemental disclosure of cash flow information:      
Income taxes, net 54,550 11,915 7,073
Interest 1,832 1,622 8,983
Deferred tax on purchase of convertible note hedge contracts $ 0 $ 0 $ 20,563