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Consolidated Cash Flow Statements - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ 64,317 $ (55,058) $ (376,776)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 87,988 108,687 139,259
Goodwill and other asset impairment 140,461 113,007 521,441
Share-based compensation 24,871 20,030 17,751
Loss on debt extinguishment 5,715 0 0
Deferred income tax expense (benefit) 3,575 (19,410) (23,540)
Changes in operating assets and liabilities, net of the effects of exchange rate changes, acquired businesses, and disposals:      
Receivables (119,012) 70,707 22,926
Inventories (92,984) (8,507) 44,477
Accounts payable 135,666 (43,567) (41,527)
Accrued liabilities 61,241 7,374 (17,654)
Income taxes (6,448) (22,823) 5,497
Other assets (12,693) 2,018 (16,118)
Other liabilities (20,642) 906 1,157
Net cash provided by operating activities 272,055 173,364 276,893
Cash flows from investing activities:      
Capital expenditures (90,982) (90,215) (110,002)
Cash from (used for) business acquisitions, net of cash acquired (73,340) 590 (74,392)
Purchase of intangible assets (3,650) 0 0
Proceeds from disposal of tangible assets 30,234 3,161 25
Proceeds from disposal of businesses, net of cash sold 45,735 54,821 0
Net cash used for investing activities (92,003) (31,643) (184,369)
Cash flows from financing activities:      
Payments under borrowing arrangements (360,304) (190,000) 0
Cash dividends paid (9,056) (9,029) (34,439)
Debt issuance costs paid (8,173) 0 0
Withholding tax payments for share based-payment awards (5,570) (1,388) (2,149)
Payments under financing lease obligations (3,151) (194) (360)
Payments to noncontrolling interest holders (2,682) 0 0
Payments under share repurchase program 0 (35,000) (50,000)
Payment of earnout consideration 0 (29,300) 0
Borrowings under credit arrangements 356,010 190,000 0
Net cash used for financing activities (32,926) (74,911) (86,948)
Effect of foreign currency exchange rate changes on cash and cash equivalents (5,363) 9,299 (301)
Increase in cash and cash equivalents 141,763 76,109 5,275
Cash and cash equivalents, beginning of year 501,994 425,885 420,610
Cash and cash equivalents, end of year $ 643,757 $ 501,994 $ 425,885