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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities:    
Net income $ 52,981 $ 222,799
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 42,515 31,110
Amortization of convertible debt discount 731 1,173
Loss on disposition of property, plant and equipment 78 56
Stock compensation expense 4,108 14,348
Withholding taxes paid on stock issuances (806) (753)
Gain on the sale of businesses 0 (313,477)
Changes in assets and liabilities, net of the effects of divestitures:    
Accounts receivable (39,359) (17,951)
Inventories (6,409) (8,026)
Prepaid expenses and other current assets (3,204) 250
Accounts payable 12,796 7,620
Accrued liabilities 2,934 132,508
Deferred income taxes 1,307 (10,066)
Long-term retirement benefits (4,326) (166)
Other 1,567 6,061
Net cash provided by operating activities 64,913 65,486
Investing activities:    
Proceeds from disposition of property, plant and equipment 474 160
(Payments for) proceeds from the sale of businesses (1,181) 541,032
Capital expenditures (25,802) (20,419)
Component Repair Program payments (41,000) 0
Other (858) (1,748)
Net cash (used) provided by investing activities (68,367) 519,025
Financing activities:    
Net change in other borrowings 11,186 9,092
Payments on long-term debt (78,467) (478,005)
Proceeds from the issuance of long-term debt 90,383 65,500
Payment of assumed liability to Otto Männer Holding AG (19,796) 0
Proceeds from the issuance of common stock 9,395 3,763
Common stock repurchases (8,389) (61,432)
Dividends paid (11,937) (10,720)
Excess tax benefit on stock awards 2,671 632
Other (137) (111)
Net cash used by financing activities (5,091) (471,281)
Effect of exchange rate changes on cash flows (71) (2,188)
(Decrease) increase in cash and cash equivalents (8,616) 111,042
Cash and cash equivalents at beginning of period 70,856 86,356
Cash and cash equivalents at end of period 62,240 197,398
Supplemental Disclosure of Cash Flow Information:    
Acquisition of intangible assets $ 39,000