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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net (loss) income $ (385,627) $ 36,940 $ (1,351)
Loss from discontinued operations, net of tax 0 0 4,858
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 160,430 163,816 162,859
Allowance for credit losses 16,687 8,937 7,808
Stock-based compensation 9,597 16,629 20,862
Amortization of debt fees 10,698 8,674 7,163
(Gain) loss on debt redemption/refinancing (3,064) 4,993 56,209
Restructuring charges 61,585 18,715 19,003
Restructuring payments (34,443) (15,406) (21,990)
Pension contributions and retiree medical payments (33,815) (26,769) (27,534)
Gain on sale of businesses, including transaction costs 0 (12,205) (10,201)
Gain on sale of assets 0 (14,372) (1,434)
Goodwill impairment 339,184 0 0
Deferred taxes (50,815) 3,688 (19,883)
Other, net 6,040 13,997 9,179
Changes in operating assets and liabilities, net of acquisitions/divestitures:      
Accounts and other receivables (6,027) (29,303) 37,503
Finance receivables (2,646) (12,591) 20,934
Inventories 14,293 (4,942) (8,008)
Other current assets and prepayments 30,841 2,727 (1,184)
Accounts payable and accrued liabilities (43,110) 18,577 57,780
Current and noncurrent income taxes 6,904 (14,464) 2,971
Advance billings (17,244) 8,342 (14,029)
Net cash from operating activities 79,468 175,983 301,515
Cash flows from investing activities:      
Capital expenditures (102,878) (124,840) (184,042)
Purchases of investment securities (18,887) (8,863) (74,923)
Proceeds from sales/maturities of investment securities 25,390 28,724 97,358
Net investment in loan receivables (29,754) (53,114) (6,288)
Proceeds from sale of business, net of cash sold 0 111,593 27,573
Proceeds from asset sales 0 50,766 1,840
Acquisitions, net of cash acquired 0 (5,139) (14,996)
Settlement of derivative contracts 427 (27,660) 0
Other investing activities, net 2,870 4,264 0
Net cash from investing activities: continuing operations (122,832) (24,269) (153,478)
Net cash from investing activities: discontinued operations 0 0 (1,773)
Net cash from investing activities (122,832) (24,269) (155,251)
Cash flows from financing activities:      
Proceeds from the issuance of debt, net of discount 266,750 0 1,195,500
Principal payments of debt (322,886) (124,101) (1,445,734)
Premiums and fees to refinance debt (10,531) (8,535) (50,763)
Dividends paid to stockholders (35,215) (34,718) (34,800)
Customer deposits at the Bank 86,223 (3,990) 14,862
Common stock repurchases 0 (13,446) 0
Other financing activities, net (15,607) (13,293) (9,436)
Net cash from financing activities (31,266) (198,083) (330,371)
Effect of exchange rate changes on cash and cash equivalents 5,702 (16,130) (4,863)
Change in cash and cash equivalents (68,928) (62,499) (188,970)
Cash and cash equivalents at beginning of period 669,981 732,480 921,450
Cash and cash equivalents at end of period $ 601,053 $ 669,981 $ 732,480