XML 96 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Cash flows from operating activities  
Net income (loss) $ (64,203)us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash provided by operating activities  
Depreciation and amortization 32,726us-gaap_DepreciationDepletionAndAmortization
Provision for severance benefits 23,169us-gaap_SeveranceCosts1
Amortization of debt issuance costs and original issue discount 890us-gaap_AmortizationOfFinancingCostsAndDiscounts
Loss (gain) on foreign currency translation, net (18,329)mx_ForeignCurrencyTransactionGainLossBeforeTaxIncludingIntercompanyBalances
Restructuring and impairment charges 6,378us-gaap_RestructuringCostsAndAssetImpairmentCharges
Stock-based compensation 2,213us-gaap_ShareBasedCompensation
Loss on early extinguishment of senior notes 32,812us-gaap_GainsLossesOnExtinguishmentOfDebt
Other 1,479us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities  
Accounts receivable 26,756us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories, net 9,593us-gaap_IncreaseDecreaseInInventories
Other receivables (3,964)us-gaap_IncreaseDecreaseInOtherReceivables
Other current assets 11,026us-gaap_IncreaseDecreaseInOtherCurrentAssets
Deferred tax assets 1,470us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Accounts payable (3,111)us-gaap_IncreaseDecreaseInAccountsPayable
Other accounts payable (10,376)us-gaap_IncreaseDecreaseInOtherAccountsPayable
Accrued expenses 20,974us-gaap_IncreaseDecreaseInAccruedLiabilities
Other current liabilities (387)us-gaap_IncreaseDecreaseInOtherCurrentLiabilities
Other non-current liabilities 6,073us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities
Payment of severance benefits (6,130)us-gaap_IncreaseDecreaseInDueToEmployeesCurrent
Other (304)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by operating activities 68,755us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities  
Decrease in restricted cash 125us-gaap_DecreaseInRestrictedCash
Proceeds from disposal of plant, property and equipment 94us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Purchase of property, plant and equipment (42,483)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Payment for intellectual property registration (605)us-gaap_PaymentsToAcquireIntangibleAssets
Collection of guarantee deposits 117mx_ProceedsFromGuaranteeDeposits
Payment of guarantee deposits (1,365)mx_PaymentsForGuaranteeDeposits
Other 14us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (44,103)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities  
Proceeds from issuance of common stock 11,375us-gaap_ProceedsFromIssuanceOfCommonStock
Proceeds from issuance of senior notes 218,836us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt
Repayment of long-term borrowings (229,333)us-gaap_RepaymentsOfLongTermDebt
Acquisition of treasury stock (51,000)us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash used in financing activities (50,122)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of exchange rates on cash and cash equivalents (3,162)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
Net increase (decrease) in cash and cash equivalents (28,632)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents  
Beginning of the period 182,238us-gaap_CashAndCashEquivalentsAtCarryingValue
End of the period 153,606us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental cash flow information  
Cash paid for interest 16,223us-gaap_InterestPaid
Cash paid (refunded) for income taxes 6,267us-gaap_IncomeTaxesPaidNet
Non-cash investing and financing activities  
Property, plant and equipment additions in other accounts payable $ 116us-gaap_CapitalExpendituresIncurredButNotYetPaid