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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
$ in Thousands
6 Months Ended
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Cash flows from operating activities    
Net income $ 73,668 $ 52,670
Adjustments to reconcile net income to cash provided by (used in) operating activities    
Depreciation and amortization 20,453 20,552
Unrealized foreign exchange gain (1,156) (733)
Amortization of debt issuance costs 660 2,512
Amortization of discount on bonds payable   282
Change in fair value of common stock warrants   6,112
Share-based compensation 7,901 964
Loss on disposals of property, plant and equipment 454 66
Deferred income taxes 26,469 29,088
Changes in operating assets and liabilities    
Accounts receivable (80,999) (95,997)
Inventories 34,216 51,488
Accounts payable (11,079) (5,598)
Accrued taxes (18,621) (1,816)
Accrued expenses and other liabilities (150,091) 130,871
Other assets 3,119 (3,993)
Other noncurrent liabilities 5,141 (145,828)
Interest due to related parties   14,847
Cash flows provided by (used in) operating activities (89,865) 55,487
Cash flows from investing activities    
Additions to property, plant and equipment (8,823) (8,116)
Cash flows used in investing activities (8,823) (8,116)
Cash flows from financing activities    
Increase in short-term borrowings, net 31,615 5,867
Proceeds from delayed draw term loan A facility 100,000  
Repayment of term loan facilities (11,875)  
Repayment of senior term loan facility   (30,000)
Debt issuance costs   (663)
Dividends paid on common stock (17,868)  
Dividends paid to noncontrolling interests (2,400) (3,000)
Payment of employee restricted stock tax withholdings (903)  
Cash flows provided by (used in) financing activities 98,569 (27,796)
Effect of foreign exchange rate changes on cash 1,876 1,990
Net increase in cash 1,757 21,565
Cash and restricted cash, beginning of year 79,140 59,134
Cash and restricted cash, end of period 80,897 80,699
Supplemental information    
Non-cash additions to property, plant and equipment 1,265 $ 690
Dividend equivalents declared not paid $ 433