XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities:    
Net income $ 148,254 $ 59,130
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 98,584 91,124
Noncash compensation 33,001 31,416
Noncash income from financial services (14,626) (13,328)
Deferred income taxes (1,704) (4,083)
Impairment charges 20,249 18,760
Other, net (8,262) 3,236
Changes in operating assets and liabilities:    
Trade receivables 5,326 12,370
Inventories (146,661) (59,421)
Accounts payable 45,835 75,576
Accrued expenses (35,693) 6,406
Income taxes payable/receivable 19,828 40,727
Prepaid expenses and others, net 1,018 1,130
Net cash provided by operating activities 165,149 263,043
Investing Activities:    
Purchase of property and equipment (104,569) (81,803)
Investment in finance affiliate, net 10,436 20,785
Investment in other affiliates, net 7,366 (1,814)
Acquisition and disposal of businesses, net of cash acquired 0 1,645
Net cash used for investing activities (86,767) (61,187)
Financing Activities:    
Borrowings under debt arrangements / capital lease obligations 1,511,810 932,317
Repayments under debt arrangements / capital lease obligations (1,310,863) (1,010,870)
Repurchase and retirement of common shares (192,367) (65,622)
Cash dividends to shareholders (75,694) (72,612)
Proceeds from stock issuances under employee plans 43,448 7,027
Net cash used for financing activities (23,666) (209,760)
Impact of currency exchange rates on cash balances (6,370) 6,951
Net increase (decrease) in cash, cash equivalents and restricted cash 48,346 (953)
Cash, cash equivalents and restricted cash at beginning of period 161,618 145,170
Cash, cash equivalents and restricted cash at end of period 209,964 144,217
Supplemental Cash Flow Information:    
Interest paid on debt borrowings 17,013 15,466
Income taxes paid (refunded) 20,614 (4,735)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 161,618 145,170
Cash and cash equivalents    
Financing Activities:    
Cash, cash equivalents and restricted cash at end of period 181,753  
Supplemental Cash Flow Information:    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 181,753  
Other long-term assets    
Financing Activities:    
Cash, cash equivalents and restricted cash at end of period 28,211 16,839
Supplemental Cash Flow Information:    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 28,211 $ 16,839