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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net (loss) income $ (81,678) $ (10,094)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 55,528 58,150
Unrealized foreign currency loss (gain) 1,511 (1,987)
Amortization of debt issuance costs and discount 288 2,058
Intangible asset impairment charges 920 0
Change in fair value of contingent consideration 100 2,457
Stock-based compensation 6,722 7,596
Inventory provision 22,923 25,204
Other operating charges and credits, net 1,250 2,047
Changes in assets and liabilities:    
Trade accounts receivable, net (55,173) 195,970
Inventories (12,200) (22,508)
Prepaid expenses, other current assets and other assets (11,708) 29,160
Related party receivables (562) 470
Accounts payable, accrued expenses and other liabilities 62,174 (150,483)
Related party payables 5,495 1,672
Net cash (used in) provided by operating activities (4,410) 139,712
Cash flows from investing activities:    
Purchases of property, plant and equipment (9,198) (9,688)
Acquisition of intangible assets (9,700) (338)
Deposits for future acquisition of property, plant and equipment (862) (1,711)
Net cash used in investing activities (19,760) (11,737)
Cash flows from financing activities:    
Payments of principal on debt, revolving credit facilities, financing leases and other (63,377) (72,659)
Borrowings on revolving credit facilities 48,000 80,000
Proceeds from exercise of stock options 28 0
Employee payroll tax withholding on restricted stock unit vesting (7,212) (2,022)
Tax distributions to non-controlling interests (594) (18,219)
Net cash used in financing activities (23,155) (12,900)
Effect of foreign exchange rate on cash (165) 767
Net (decrease) increase in cash, cash equivalents, and restricted cash (47,490) 115,842
Cash, cash equivalents, and restricted cash - beginning of period 99,107 35,227
Cash, cash equivalents, and restricted cash - end of period 51,617 151,069
Cash and cash equivalents - end of period 46,520 144,674
Restricted cash - end of period 5,097 6,395
Cash, cash equivalents, and restricted cash - end of period 51,617 151,069
Supplemental disclosure of cash flow information:    
Cash paid for interest 64,514 41,066
Cash (paid) received, net for income taxes (4,567) 3,421
Supplemental disclosure of non-cash investing and financing activity:    
Tax distributions to non-controlling interests $ 3,777 $ 11,548