XML 15 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net Income $ 219 $ 136 $ 36,148 $ 18,939  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     55,069 47,512  
Provision for doubtful accounts     638 1,906  
Provision for warranty and returns     1,817 3,639  
Stock compensation     17,992 13,387  
Loss on disposal of property and equipment     760 3,177  
Bond premium amortization     313 12  
Debt Issuance Costs amortization     216 0  
Bargain purchase gain     0 (71,771)  
Change in fair value of contingent earn-out 18,500 7,000 20,500 13,000  
Asset Impairment Charges     269 0  
Impairment of Intangible Assets, Finite-lived     5,000 0  
Other Noncash Expense     2,100 1,690  
Cash provided by (used in) changes in operating assets and liabilities          
Accounts receivable     (38,957) (51,498)  
Inventories     12,201 148,482  
Prepaid expenses and other assets     (1,826) 6,214  
Related-party receivables     31,004 (131,617)  
Accounts payable     (2,094) 17,551  
Accrued liabilities     (18,509) 63,234  
Income taxes, including excess tax benefits and deferred income taxes     (12,359) (13,982)  
Net cash provided by operating activities     110,282 69,875  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchases of property and equipment     (75,057) (51,702)  
Proceeds from sale of asset     13,000 2  
Business acquisitions, net of cash acquired     (1,300) (157,097)  
Intangible assets additions     (5,375) (3,718)  
Purchases of investment securities     (30,495) (24,743)  
Proceeds from sale of investment securities     14,940 0  
Net cash used in investing activities     (84,287) (237,258)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceeds from exercise of stock options     14,211 19,967  
Proceeds from employee stock purchase plan     0 2,705  
Payments Related to Tax Withholding for Share-based Compensation     6,119 3,951  
Net cash (used in) provided by financing activities     8,092 18,721  
Effect of exchange rate changes on cash     (5,343) 4,194  
NET INCREASE DECREASE IN CASH AND CASH EQUIVALENTS     28,744 (144,468)  
CASH AND CASH EQUIVALENTS, beginning of period     290,072 [1] 445,082 $ 445,082
CASH AND CASH EQUIVALENTS, end of period 318,816 300,614 318,816 300,614 290,072 [1]
NON-CASH INVESTING ACTIVITIES          
Capital Expenditures Incurred but Not yet Paid     1,184 1,435  
Fair Value of Assets Acquired     893,582  
Payments to Acquire Businesses, Net of Cash Acquired     (157,097)  
Proceeds from Issuance of Debt     (75,000) (75,000)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred     7,512  
Business Combination, Contingent Consideration, Liability, Noncurrent (19,000) (19,000) (19,000)
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable     (413,139) $ (450,400)
BARGAIN PURCHASE GAIN $ 0 $ (8,534) 0 (71,771)  
Goodwill, Period Increase (Decrease)     1,015  
Increase (Decrease) in Assumed Liabilities     166,102  
Tangent [Member]          
NON-CASH INVESTING ACTIVITIES          
BARGAIN PURCHASE GAIN     $ (71,771)  
[1] December 31, 2017 balances were derived from audited consolidated financial statements.