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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Activities:      
Net income $ 59,690 $ 48,866 $ 41,899
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 41,114 44,246 50,638
Deferred income taxes 849 (7,743) 6,699
Non-cash stock based compensation 8,829 6,253 9,047
Change in defined benefit pension plans (748) (570) 82
Loss on sale of property and equipment 683 462 2,602
Operating lease expense 7,157 6,173  
Gain on sale of patents (1,978)    
Impairment loss   21,206 11,476
Net loss on divestitures   1,587  
Other   1,612  
Changes in assets and liabilities:      
Accounts receivable, net (46,742) 7,154 3,023
Inventory (814) (3,859) (7,689)
Other assets (18,240) 7,996 (4,428)
Accounts payable 29,960 (10,253) 12,380
Other liabilities 30,935 (4,327) (7,295)
Net cash provided by operating activities 110,695 118,803 118,434
Investing Activities:      
Purchases of property and equipment (17,219) (23,729) (41,541)
Acquisition of intangible assets (3,141)    
Proceeds from the sale of patents and property and equipment 2,140 219 799
Proceeds from divestiture of businesses, net   44,173  
Acquisition of subsidiary, net of cash acquired   (14,823) (15)
Net cash (used in) provided by investing activities (18,220) 5,840 (40,757)
Financing Activities:      
Borrowing of debt 201,194 37,812 94,679
Repayments of debt (91,439) (96,999) (99,460)
Cash paid for the repurchase of Common Stock (9,092) (63,283) (148,074)
Proceeds from the exercise of Common Stock options 16,552 16,557 14,777
Cash paid for the cancellation of restricted stock (1,117) (1,402) (1,188)
Acquisition contingent consideration payment (618)    
Cash paid for financing costs   (1,278)  
Net cash provided by (used in) financing activities 115,480 (108,593) (139,266)
Foreign currency effect 7,442 (2,722) (1,963)
Net increase (decrease) in cash, cash equivalents and restricted cash 215,397 13,328 (63,552)
Cash, cash equivalents and restricted cash at beginning of period 52,948 39,620 103,172
Cash, cash equivalents and restricted cash at end of period 268,345 52,948 39,620
Supplemental disclosure of cash flow information:      
Cash paid for taxes 5,013 11,008 23,159
Cash paid for interest $ 4,204 $ 4,462 $ 5,027