Condensed Consolidating Financial Information (Tables)

3 Months Ended

9 Months Ended

Sep. 30, 2018

Sep. 30, 2018

Sep. 30, 2017

Condensed Consolidating Financial Information [Abstract]

Consolidated Condensed Statements of Income

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands)
	For the Three Months Ended September 30, 2018
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenue	$	—		$	1,550,301		$	1,609,525		$	(37,448	)	$	3,122,378
Cost of goods sold	—			934,913			1,027,715			(37,448		)	1,925,180
Gross margin	—			615,388			581,810			—			1,197,198
Selling, general and administrative expenses	6,725			434,965			437,460			—			879,150
Restructuring and acquisition related expenses	—			1,638			4,976			—			6,614
Depreciation and amortization	34			25,238			51,429			—			76,701
Operating (loss) income	(6,759		)	153,547			87,945			—			234,733
Other expense (income):
Interest expense (income), net	16,191			(193		)	24,862			—			40,860
Intercompany interest (income) expense, net	(15,121		)	10,014			5,107			—			—
Other income, net	(178		)	(3,514		)	(3,267		)	—			(6,959		)
Total other expense, net	892			6,307			26,702			—			33,901
(Loss) income before (benefit) provision for income taxes	(7,651		)	147,240			61,243			—			200,832
(Benefit) provision for income taxes	(12,008		)	41,875			16,201			—			46,068
Equity in losses of unconsolidated subsidiaries	—			(156		)	(20,128		)	—			(20,284		)
Equity in earnings of subsidiaries	129,745			4,467			—			(134,212		)	—
Net income	134,102			109,676			24,914			(134,212		)	134,480
Less: net income attributable to noncontrolling interest	—			—			378			—			378
Net income attributable to LKQ stockholders	$	134,102		$	109,676		$	24,536		$	(134,212	)	$	134,102

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands)
	For the Three Months Ended September 30, 2017
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenue	$	—		$	1,433,742		$	1,069,682		$	(37,624	)	$	2,465,800
Cost of goods sold	—			861,078			685,470			(37,624		)	1,508,924
Gross margin	—			572,664			384,212			—			956,876
Selling, general and administrative expenses	7,861			394,926			293,191			—			695,978
Restructuring and acquisition related expenses	—			1,473			3,449			—			4,922
Depreciation and amortization	29			25,005			31,843			—			56,877
Operating (loss) income	(7,890		)	151,260			55,729			—			199,099
Other expense (income):
Interest expense, net	16,232			57			8,933			—			25,222
Intercompany interest (income) expense, net	(2,389		)	(2,814		)	5,203			—			—
Gain on bargain purchase	—			—			(913		)	—			(913		)
Other expense (income), net	32			(4,011		)	872			—			(3,107		)
Total other expense (income), net	13,875			(6,768		)	14,095			—			21,202
(Loss) income before (benefit) provision for income taxes	(21,765		)	158,028			41,634			—			177,897
(Benefit) provision for income taxes	(8,436		)	56,920			9,705			—			58,189
Equity in earnings of unconsolidated subsidiaries	—			—			2,673			—			2,673
Equity in earnings of subsidiaries	135,710			6,674			—			(142,384		)	—
Net income	$	122,381		$	107,782		$	34,602		$	(142,384	)	$	122,381

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands)
	For the Nine Months Ended September 30, 2018
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenue	$	—		$	4,768,292		$	4,216,417		$	(110,816	)	$	8,873,893
Cost of goods sold	—			2,869,499			2,702,162			(110,816		)	5,460,845
Gross margin	—			1,898,793			1,514,255			—			3,413,048
Selling, general and administrative expenses	25,538			1,292,455			1,154,092			—			2,472,085
Restructuring and acquisition related expenses	—			1,968			24,578			—			26,546
Depreciation and amortization	84			74,102			122,136			—			196,322
Operating (loss) income	(25,622		)	530,268			213,449			—			718,095
Other expense (income):
Interest expense (income), net	52,004			(94		)	55,737			—			107,647
Intercompany interest (income) expense, net	(45,927		)	29,559			16,368			—			—
Gains on bargain purchases	—			—			(328		)	—			(328		)
Other (income) expense, net	(1,076		)	(13,793		)	5,783			—			(9,086		)
Total other expense, net	5,001			15,672			77,560			—			98,233
(Loss) income before (benefit) provision for income taxes	(30,623		)	514,596			135,889			—			619,862
(Benefit) provision for income taxes	(19,656		)	141,295			34,788			—			156,427
Equity in losses of unconsolidated subsidiaries	—			(156		)	(18,170		)	—			(18,326		)
Equity in earnings of subsidiaries	455,036			14,028			—			(469,064		)	—
Net income	444,069			387,173			82,931			(469,064		)	445,109
Less: net income attributable to noncontrolling interest	—			—			1,040			—			1,040
Net income attributable to LKQ stockholders	$	444,069		$	387,173		$	81,891		$	(469,064	)	$	444,069

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands)
	For the Nine Months Ended September 30, 2018
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenue	$	—		$	4,768,292		$	4,216,417		$	(110,816	)	$	8,873,893
Cost of goods sold	—			2,869,499			2,702,162			(110,816		)	5,460,845
Gross margin	—			1,898,793			1,514,255			—			3,413,048
Selling, general and administrative expenses	25,538			1,292,455			1,154,092			—			2,472,085
Restructuring and acquisition related expenses	—			1,968			24,578			—			26,546
Depreciation and amortization	84			74,102			122,136			—			196,322
Operating (loss) income	(25,622		)	530,268			213,449			—			718,095
Other expense (income):
Interest expense (income), net	52,004			(94		)	55,737			—			107,647
Intercompany interest (income) expense, net	(45,927		)	29,559			16,368			—			—
Gains on bargain purchases	—			—			(328		)	—			(328		)
Other (income) expense, net	(1,076		)	(13,793		)	5,783			—			(9,086		)
Total other expense, net	5,001			15,672			77,560			—			98,233
(Loss) income before (benefit) provision for income taxes	(30,623		)	514,596			135,889			—			619,862
(Benefit) provision for income taxes	(19,656		)	141,295			34,788			—			156,427
Equity in losses of unconsolidated subsidiaries	—			(156		)	(18,170		)	—			(18,326		)
Equity in earnings of subsidiaries	455,036			14,028			—			(469,064		)	—
Net income	444,069			387,173			82,931			(469,064		)	445,109
Less: net income attributable to noncontrolling interest	—			—			1,040			—			1,040
Net income attributable to LKQ stockholders	$	444,069		$	387,173		$	81,891		$	(469,064	)	$	444,069

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Income (In thousands)
	For the Nine Months Ended September 30, 2017
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
Revenue	$	—		$	4,374,693		$	3,001,386		$	(109,025	)	$	7,267,054
Cost of goods sold	—			2,613,540			1,910,561			(109,025		)	4,415,076
Gross margin	—			1,761,153			1,090,825			—			2,851,978
Selling, general and administrative expenses	26,209			1,165,897			810,959			—			2,003,065
Restructuring and acquisition related expenses	—			4,010			6,361			—			10,371
Depreciation and amortization	89			73,072			86,017			—			159,178
Operating (loss) income	(26,298		)	518,174			187,488			—			679,364
Other expense (income):
Interest expense, net	48,904			281			24,621			—			73,806
Intercompany interest (income) expense, net	(10,221		)	(4,530		)	14,751			—			—
Gains on bargain purchases	—			—			(3,990		)	—			(3,990		)
Other expense (income), net	286			(8,247		)	1,077			—			(6,884		)
Total other expense (income), net	38,969			(12,496		)	36,459			—			62,932
(Loss) income from continuing operations before (benefit) provision for income taxes	(65,267		)	530,670			151,029			—			616,432
(Benefit) provision for income taxes	(27,034		)	200,321			32,919			—			206,206
Equity in earnings of unconsolidated subsidiaries	—			—			3,878			—			3,878
Equity in earnings of subsidiaries	452,337			17,282			—			(469,619		)	—
Income from continuing operations	414,104			347,631			121,988			(469,619		)	414,104
Net (loss) income from discontinued operations	(4,531		)	(4,531		)	2,050			2,481			(4,531		)
Net income	$	409,573		$	343,100		$	124,038		$	(467,138	)	$	409,573

Consolidated Condensed Statements of Comprehensive Income (Loss)

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands)
	For the Three Months Ended September 30, 2018
	Parent			Guarantors		Non-Guarantors			Eliminations			Consolidated
Net income	$	134,102		$	109,676	$	24,914		$	(134,212	)	$	134,480
Less: net income attributable to noncontrolling interest	—			—		378			—			378
Net income attributable to LKQ stockholders	134,102			109,676		24,536			(134,212		)	134,102
Other comprehensive (loss) income:
Foreign currency translation, net of tax	(20,951		)	1,686		(23,901		)	22,215			(20,951		)
Net change in unrealized gains/losses on cash flow hedges, net of tax	304			—		—			—			304
Net change in unrealized gains/losses on pension plans, net of tax	1,274			1,246		28			(1,274		)	1,274
Net change in other comprehensive income from unconsolidated subsidiaries	643			—		643			(643		)	643
Other comprehensive (loss) income	(18,730		)	2,932		(23,230		)	20,298			(18,730		)
Comprehensive income	115,372			112,608		1,684			(113,914		)	115,750
Less: comprehensive income attributable to noncontrolling interest	—			—		378			—			378
Comprehensive income attributable to LKQ stockholders	$	115,372		$	112,608	$	1,306		$	(113,914	)	$	115,372

	For the Three Months Ended September 30, 2017
	Parent			Guarantors		Non-Guarantors			Eliminations			Consolidated
Net income	$	122,381		$	107,782	$	34,602		$	(142,384	)	$	122,381
Other comprehensive income (loss):
Foreign currency translation, net of tax	59,618			3,590		62,734			(66,324		)	59,618
Net change in unrecognized gains/losses on cash flow hedges, net of tax	(1,776		)	—		—			—			(1,776		)
Net change in unrealized gains/losses on pension plans, net of tax	(150		)	—		(150		)	150			(150		)
Net change in other comprehensive loss from unconsolidated subsidiaries	(1,034		)	—		(1,034		)	1,034			(1,034		)
Total other comprehensive income	56,658			3,590		61,550			(65,140		)	56,658
Total comprehensive income	$	179,039		$	111,372	$	96,152		$	(207,524	)	$	179,039

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands)
	For the Nine Months Ended September 30, 2018
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
Net income	$	444,069		$	387,173		$	82,931		$	(469,064	)	$	445,109
Less: net income attributable to noncontrolling interest	—			—			1,040			—			1,040
Net income attributable to LKQ stockholders	444,069			387,173			81,891			(469,064		)	444,069
Other comprehensive (loss) income:
Foreign currency translation, net of tax	(77,630		)	(2,800		)	(81,456		)	84,256			(77,630		)
Net change in unrealized gains/losses on cash flow hedges, net of tax	5,964			—			—			—			5,964
Net change in unrealized gains/losses on pension plans, net of tax	(154		)	(239		)	85			154			(154		)
Net change in other comprehensive income from unconsolidated subsidiaries	2,160			—			2,160			(2,160		)	2,160
Other comprehensive loss	(69,660		)	(3,039		)	(79,211		)	82,250			(69,660		)
Comprehensive income	374,409			384,134			3,720			(386,814		)	375,449
Less: comprehensive income attributable to noncontrolling interest	—			—			1,040			—			1,040
Comprehensive income attributable to LKQ stockholders	$	374,409		$	384,134		$	2,680		$	(386,814	)	$	374,409

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Comprehensive Income (In thousands)
	For the Nine Months Ended September 30, 2018
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
Net income	$	444,069		$	387,173		$	82,931		$	(469,064	)	$	445,109
Less: net income attributable to noncontrolling interest	—			—			1,040			—			1,040
Net income attributable to LKQ stockholders	444,069			387,173			81,891			(469,064		)	444,069
Other comprehensive (loss) income:
Foreign currency translation, net of tax	(77,630		)	(2,800		)	(81,456		)	84,256			(77,630		)
Net change in unrealized gains/losses on cash flow hedges, net of tax	5,964			—			—			—			5,964
Net change in unrealized gains/losses on pension plans, net of tax	(154		)	(239		)	85			154			(154		)
Net change in other comprehensive income from unconsolidated subsidiaries	2,160			—			2,160			(2,160		)	2,160
Other comprehensive loss	(69,660		)	(3,039		)	(79,211		)	82,250			(69,660		)
Comprehensive income	374,409			384,134			3,720			(386,814		)	375,449
Less: comprehensive income attributable to noncontrolling interest	—			—			1,040			—			1,040
Comprehensive income attributable to LKQ stockholders	$	374,409		$	384,134		$	2,680		$	(386,814	)	$	374,409

	For the Nine Months Ended September 30, 2017
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
Net income	$	409,573		$	343,100		$	124,038		$	(467,138	)	$	409,573
Other comprehensive income (loss):
Foreign currency translation, net of tax	174,794			17,565			176,769			(194,334		)	174,794
Net change in unrecognized gains/losses on cash flow hedges, net of tax	457			(133		)	—			133			457
Net change in unrealized gains/losses on pension plans, net of tax	(4,053		)	(3,253		)	(800		)	4,053			(4,053		)
Net change in other comprehensive loss from unconsolidated subsidiaries	(1,635		)	—			(1,635		)	1,635			(1,635		)
Total other comprehensive income	169,563			14,179			174,334			(188,513		)	169,563
Total comprehensive income	$	579,136		$	357,279		$	298,372		$	(655,651	)	$	579,136

Consolidated Condensed Balance Sheets

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Balance Sheets (In thousands)
	September 30, 2018
	Parent		Guarantors		Non-Guarantors		Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	48,265	$	31,082	$	261,999	$	—		$	341,346
Receivables, net	341		366,781		888,754		—			1,255,876
Intercompany receivables, net	7,173		—		20,573		(27,746		)	—
Inventories	—		1,323,201		1,471,693		—			2,794,894
Prepaid expenses and other current assets	15,452		94,787		90,705		—			200,944
Total current assets	71,231		1,815,851		2,733,724		(27,746		)	4,593,060
Property, plant and equipment, net	845		589,898		610,260		—			1,201,003
Intangible assets:
Goodwill	—		2,005,560		2,469,706		—			4,475,266
Other intangibles, net	286		280,229		672,857		—			953,372
Investment in subsidiaries	5,351,986		114,721		—		(5,466,707		)	—
Intercompany notes receivable	1,067,356		14,958		—		(1,082,314		)	—
Equity method investments	—		16,075		141,334		—			157,409
Other assets	90,293		38,434		76,499		—			205,226
Total assets	$	6,581,997	$	4,875,726	$	6,704,380	$	(6,576,767	)	$	11,585,336
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	2,615	$	345,660	$	593,472	$	—		$	941,747
Intercompany payables, net	—		20,573		7,173		(27,746		)	—
Accrued expenses:
Accrued payroll-related liabilities	7,169		48,463		97,904		—			153,536
Other accrued expenses	12,656		106,543		239,013		—			358,212
Refund liability	—		54,554		52,178		—			106,732
Other current liabilities	283		18,210		38,595		—			57,088
Current portion of long-term obligations	—		2,317		116,048		—			118,365
Total current liabilities	22,723		596,320		1,144,383		(27,746		)	1,735,680
Long-term obligations, excluding current portion	1,569,387		14,027		2,666,723		—			4,250,137
Intercompany notes payable	—		617,389		464,925		(1,082,314		)	—
Deferred income taxes	9,715		115,924		199,898		—			325,537
Other noncurrent liabilities	139,712		98,133		138,721		—			376,566
Stockholders' equity:
Total Company stockholders’ equity	4,840,460		3,433,933		2,032,774		(5,466,707		)	4,840,460
Noncontrolling interest	—		—		56,956		—			56,956
Total stockholders’ equity	4,840,460		3,433,933		2,089,730		(5,466,707		)	4,897,416
Total liabilities and stockholders' equity	$	6,581,997	$	4,875,726	$	6,704,380	$	(6,576,767	)	$	11,585,336

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Balance Sheets (In thousands)
	December 31, 2017
	Parent		Guarantors		Non-Guarantors		Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	34,360	$	35,131	$	210,275	$	—		$	279,766
Receivables, net	—		290,958		736,148		—			1,027,106
Intercompany receivables, net	2,669		3,010		230		(5,909		)	—
Inventories	—		1,334,766		1,046,017		—			2,380,783
Prepaid expenses and other current assets	34,136		44,849		55,494		—			134,479
Total current assets	71,165		1,708,714		2,048,164		(5,909		)	3,822,134
Property, plant and equipment, net	910		563,262		348,917		—			913,089
Intangible assets:
Goodwill	—		2,010,209		1,526,302		—			3,536,511
Other intangibles, net	—		291,036		452,733		—			743,769
Investment in subsidiaries	5,952,687		102,931		—		(6,055,618		)	—
Intercompany notes receivable	1,156,550		782,638		—		(1,939,188		)	—
Equity method investments	—		336		208,068		—			208,404
Other assets	70,590		33,597		38,778		—			142,965
Total assets	$	7,251,902	$	5,492,723	$	4,622,962	$	(8,000,715	)	$	9,366,872
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	5,742	$	340,951	$	441,920	$	—		$	788,613
Intercompany payables, net	—		230		5,679		(5,909		)	—
Accrued expenses:
Accrued payroll-related liabilities	9,448		65,811		68,165		—			143,424
Other accrued expenses	5,219		95,900		117,481		—			218,600
Other current liabilities	282		27,066		18,379		—			45,727
Current portion of long-term obligations	16,468		1,912		107,980		—			126,360
Total current liabilities	37,159		531,870		759,604		(5,909		)	1,322,724
Long-term obligations, excluding current portion	2,095,826		7,372		1,174,422		—			3,277,620
Intercompany notes payable	750,000		677,708		511,480		(1,939,188		)	—
Deferred income taxes	12,402		116,021		123,936		—			252,359
Other noncurrent liabilities	158,346		101,189		47,981		—			307,516
Stockholders' equity:
Total Company stockholders’ equity	4,198,169		4,058,563		1,997,055		(6,055,618		)	4,198,169
Noncontrolling interest	—		—		8,484		—			8,484
Total stockholders’ equity	4,198,169		4,058,563		2,005,539		(6,055,618		)	4,206,653
Total liabilities and stockholders' equity	$	7,251,902	$	5,492,723	$	4,622,962	$	(8,000,715	)	$	9,366,872

Consolidated Condensed Statements of Cash Flows

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Cash Flows (In thousands)
	For the Nine Months Ended September 30, 2018
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities	$	334,226		$	142,626		$	97,506		$	(53,191	)	$	521,167
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(315		)	(93,063		)	(78,385		)	—			(171,763		)
Investment and intercompany note activity with subsidiaries	73,096			—			—			(73,096		)	—
Return of investment in subsidiaries	152,443			—			—			(152,443		)	—
Acquisitions, net of cash acquired	—			(2,888		)	(1,203,179		)	—			(1,206,067		)
Investments in unconsolidated subsidiaries	—			(11,066		)	—			—			(11,066		)
Receipts of deferred purchase price on receivables under factoring arrangements	—			224,753			9,410			(224,753		)	9,410
Other investing activities, net	887			2,162			4,921			—			7,970
Net cash provided by (used in) investing activities	226,111			119,898			(1,267,233		)	(450,292		)	(1,371,516		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options	3,772			—			—			—			3,772
Taxes paid related to net share settlements of stock-based compensation awards	(4,768		)	—			—			—			(4,768		)
Debt issuance costs	(1,354		)	—			(15,584		)	—			(16,938		)
Proceeds from issuance of Euro Notes (2026/28)	—			—			1,232,100			—			1,232,100
Borrowings under revolving credit facilities	304,000			—			721,496			—			1,025,496
Repayments under revolving credit facilities	(732,897		)	—			(377,138		)	—			(1,110,035		)
Repayments under term loans	(114,800		)	—			—			—			(114,800		)
(Repayments) borrowings of other debt, net	(385		)	101			(38,411		)	—			(38,695		)
Other financing activities, net	—			—			3,182			—			3,182
Investment and intercompany note activity with parent	—			(62,763		)	(10,333		)	73,096			—
Dividends	—			(203,448		)	(226,939		)	430,387			—
Net cash (used in) provided by financing activities	(546,432		)	(266,110		)	1,288,373			503,483			979,314
Effect of exchange rate changes on cash and cash equivalents	—			(463		)	(66,922		)	—			(67,385		)
Net increase (decrease) in cash and cash equivalents	13,905			(4,049		)	51,724			—			61,580
Cash and cash equivalents, beginning of period	34,360			35,131			210,275			—			279,766
Cash and cash equivalents, end of period	$	48,265		$	31,082		$	261,999		$	—		$	341,346

LKQ CORPORATION AND SUBSIDIARIES Unaudited Condensed Consolidating Statements of Cash Flows (In thousands)
	For the Nine Months Ended September 30, 2017
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net cash provided by operating activities	$	227,314		$	162,114		$	108,095		$	(48,280	)	$	449,243
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(509		)	(70,292		)	(64,736		)	—			(135,537		)
Investment and intercompany note activity with subsidiaries	296,561			—			—			(296,561		)	—
Acquisitions, net of cash acquired	—			(79,496		)	(173,171		)	—			(252,667		)
Proceeds from disposals of business/investment	—			305,740			(4,443		)	—			301,297
Investments in unconsolidated subsidiaries	—			(2,200		)	(4,914		)	—			(7,114		)
Receipts of deferred purchase price on receivables under factoring arrangements (1)	—			226,395			—			(226,395		)	—
Other investing activities, net	—			3,100			6,764			—			9,864
Net cash provided by (used in) investing activities	296,052			383,247			(240,500		)	(522,956		)	(84,157		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options	6,465			—			—			—			6,465
Taxes paid related to net share settlements of stock-based compensation awards	(5,095		)	—			—			—			(5,095		)
Borrowings under revolving credit facilities	187,000			—			237,976			—			424,976
Repayments under revolving credit facilities	(694,896		)	—			(75,988		)	—			(770,884		)
Repayments under term loans	(27,884		)	—			—			—			(27,884		)
Borrowings under receivables securitization facility	—			—			8,525			—			8,525
Repayments under receivables securitization facility	—			—			(9,925		)	—			(9,925		)
(Repayments) borrowings of other debt, net	(1,700		)	(1,238		)	27,460			—			24,522
Payments of other obligations	—			(1,336		)	(743		)	—			(2,079		)
Other financing activities, net	—			5,000			(684		)	—			4,316
Investment and intercompany note activity with parent	—			(286,530		)	(10,031		)	296,561			—
Dividends	—			(274,675		)	—			274,675			—
Net cash (used in) provided by financing activities	(536,110		)	(558,779		)	176,590			571,236			(347,063		)
Effect of exchange rate changes on cash and cash equivalents	—			322			22,216			—			22,538
Net (decrease) increase in cash and cash equivalents	(12,744		)	(13,096		)	66,401			—			40,561
Cash and cash equivalents of continuing operations, beginning of period	33,030			35,360			159,010			—			227,400
Add: Cash and cash equivalents of discontinued operations, beginning of period	—			149			6,967			—			7,116
Cash and cash equivalents of continuing and discontinued operations, beginning of period	33,030			35,509			165,977			—			234,516
Cash and cash equivalents, end of period	$	20,286		$	22,413		$	232,378		$	—		$	275,077