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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 86,920 $ 121,310 $ 64,860
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property, plant and equipment and amortization of intangible assets 96,713 98,156 98,356
Amortization of debt issuance costs 2,082 2,220 4,171
Share-based incentive compensation 9,438 13,919 8,835
Deferred tax (benefit)/provision 15,826 (3,634) (7,667)
Foreign currency transactions 1,052 2,782 (14,402)
Other operating non-cash items 1,813 1,165 15,163
Changes in operating assets and liabilities, net of effects of businesses acquired:      
(Increase)/decrease in trade receivables 45,412 (39,680) (15,885)
(Increase)/decrease in inventories 16,413 (31,406) (25,632)
Increase/(decrease) in trade payables (12,036) 5,444 17,545
Increase/(decrease) in provisions (10,375) (4,427) (12,317)
Increase/(decrease) in tax liabilities (7,254) 4,843 (11,954)
Increase/(decrease) in other assets and liabilities that cannot be allocated to investing or financing activities (14,497) (48,707) 26,666
Net cash provided by operating activities 231,507 121,985 147,739
Cash flows from investing activities:      
Cash paid for the acquisition of intangible assets and property, plant and equipment (155,848) (116,157) (90,282)
Acquisition of businesses, net of cash and cash equivalents acquired 0 (36,571) 0
Cash received from the disposal of intangible assets and property, plant and equipment 0 64,672 0
Net cash used in investing activities (155,848) (88,056) (90,282)
Cash flows from financing activities:      
Proceeds from borrowings 0 0 11,890
Payments for debt issue costs (1,721) (741) (5,327)
Repayments of long-term debt (8,036) (8,288) (28,866)
Cash inflows related to current financial liabilities 96,956 48,963 11,652
Cash outflows related to current financial liabilities (101,303) (26,370) (12,141)
Dividends paid to shareholders (48,033) (47,665) (45,705)
Repurchase of common stock 0 (4,926) 0
Taxes paid for shares issued under net settlement feature (6,475) (4,741) 0
Net cash used in financing activities (68,612) (43,768) (68,497)
Increase (decrease) in cash, cash equivalents and restricted cash 7,047 (9,839) (11,040)
Cash, cash equivalents and restricted cash at the beginning of the period 61,604 75,213 80,480
Effect of exchange rate changes on cash (420) (3,770) 5,773
Cash, cash equivalents and restricted cash at the end of the period 68,231 61,604 75,213
Less restricted cash at the end of the period 4,505 4,588 2,929
Cash and cash equivalents at the end of the period 63,726 57,016 72,284
Cash paid for interest, net (20,399) (24,367) (25,905)
Cash paid for income taxes (24,106) (60,228) (39,549)
Supplemental disclosure of non-cash activity:      
Liabilities under build-to-suit lease 0 $ 28,657 $ 0
Liabilities for leasing - current 6,254    
Liabilities for leasing - non-current $ 26,280