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Consolidated Cash Flow Statements - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 160,711 $ 92,853 $ 127,646
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 148,632 149,650 145,593
Impairment of assets held for sale 0 0 23,931
Share-based compensation 18,497 14,647 18,178
Loss on debt extinguishment 22,990 52,441 2,342
Deferred income tax expense (benefit) 11,300 (24,098) (30,034)
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes and acquired businesses:      
Receivables (21,748) (24,931) (10,115)
Inventories (14,779) (84,088) 2,677
Accounts payable (29,401) 100,752 39,298
Accrued liabilities 17,238 (25,076) (13,181)
Income taxes (4,390) 5,001 11,722
Other assets (18,748) (13,255) 760
Other liabilities (1,082) 11,404 (4,023)
Net cash provided by operating activities 289,220 255,300 314,794
Cash flows from investing activities:      
Capital expenditures (97,847) (64,261) (53,974)
Cash used to acquire businesses, net of cash acquired (84,580) (166,896) (18,848)
Other 0 0 (827)
Proceeds from disposal of tangible assets 1,580 1,039 392
Proceeds from disposal of business 40,171 0 0
Net cash used for investing activities (140,676) (230,118) (73,257)
Cash flows from financing activities:      
Payments under borrowing arrangements (484,757) (1,105,892) (294,375)
Payments under share repurchase program (175,000) (25,000) 0
Cash dividends paid (43,169) (43,376) (16,079)
Debt issuance costs paid (7,609) (17,316) (3,910)
Withholding tax payments for share based-payment awards (2,094) (6,564) (7,480)
Redemption of stockholders' rights agreement (411) 0 0
Proceeds from the issuance of preferred stock, net 0 0 501,498
Borrowings under credit arrangements 431,270 866,700 222,050
Net cash provided by (used for) financing activities (281,770) (331,448) 401,704
Effect of foreign currency exchange rate changes on cash and cash equivalents (7,272) 19,258 (11,876)
Increase (decrease) in cash and cash equivalents (140,498) (287,008) 631,365
Cash and cash equivalents, beginning of period 561,108 848,116 216,751
Cash and cash equivalents, end of period $ 420,610 $ 561,108 $ 848,116