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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 63,135$ 16,090
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES:  
Depreciation and amortization29,43826,979
Amortization of bond premium827273
Non cash interest expense on convertible debt2,7422,550
Deferred income taxes5561,376
Stock compensation3,1502,994
Loss on marketable securities87978
Loss on equipment disposal245510
Change in operating assets and liabilities (net of effect of businesses acquired):  
Accounts receivable, net(15,813)2,855
Other receivables5,535(5,534)
Inventories, net(13,329)15,132
Production tooling, net(7,064)506
Prepaid expenses and other assets(4,945)483
Accounts payable and accrued expenses11,0432,480
Income taxes payable3,532(106)
Other long term liability3,353(1,063)
Employee benefits633386
NET CASH PROVIDED BY OPERATING ACTIVITIES83,12566,889
CASH FLOWS FROM INVESTING ACTIVITIES:  
Purchases of property, plant and equipment(23,833)(30,665)
Changes in restricted cash03,130
Purchases of marketable securities(78,607)(119,956)
Proceeds from sales and maturities of marketable securities47,7574,489
Cash paid for acquisitions(27,673)0
Proceeds from sale of equipment1,440465
NET CASH USED IN INVESTING ACTIVITIES:(80,916)(142,537)
CASH FLOWS FROM FINANCING ACTIVITIES:  
Proceeds from issuance of stock due to exercise of options1,033224
Excess tax benefit due to exercise of stock options2,0187
Shares repurchased(25,775)(14,837)
NET CASH (USED) IN FINANCING ACTIVITIES(22,724)(14,606)
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS(1,380)268
DECREASE IN CASH AND CASH EQUIVALENTS(21,895)(89,986)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD53,436122,154
CASH AND CASH EQUIVALENTS, END OF PERIOD$ 31,541$ 32,168