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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (41,358) $ (10,895)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 13,315 11,952
Asset impairments 3,872  
Amortization of net premium (discount) on available-for-sale investments (86) (14)
Net gain on long-term investments (8,195) (5,400)
Net loss on disposal of property, plant and equipment 58 68
Gain on contingency (1,230)  
Gain on life insurance proceeds (1,000)  
Gain on bargain purchase of a business   (11,322)
Stock-based compensation expense 5,184 5,243
Deferred income taxes 30,421 (20,368)
Changes in operating assets and liabilities:    
Accounts receivable, net 7,603 41,166
Other receivables 17,645 (1,842)
Inventory, net (5,998) 16,543
Prepaid expenses and other assets (10,071) 8,722
Accounts payable, net (5,569) 5,223
Accrued expenses and other liabilities 10,564 156
Income tax payable (5,073) 9,461
Net cash provided by operating activities 10,082 48,693
Cash flows from investing activities:    
Purchases of property, plant and equipment (6,008) (5,695)
Proceeds from sales and maturities of debt and equity investments 38,561 116,757
Purchases of debt and equity investments (37,223) (115,271)
Life insurance proceeds received 1,000  
Acquisition of business 13 (7,806)
Net cash used in investing activities (3,657) (12,015)
Cash flows from financing activities:    
Proceeds from stock option exercises 526 1,321
Purchases of treasury stock (184) (14,185)
Dividend payments (12,908) (12,976)
Net cash used in financing activities (12,566) (25,840)
Net increase (decrease) in cash and cash equivalents (6,141) 10,838
Effect of exchange rate changes (2,956) (3,098)
Cash and cash equivalents, beginning of period 105,504 86,433
Cash and cash equivalents, end of period 96,407 94,173
Supplemental disclosure of non-cash investing activities:    
Purchases of property, plant and equipment included in accounts payable $ 135 $ 355