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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income $ 41,373 $ 25,430
Adjustments to reconcile net income to net cash flows from operating activities, net of effects of acquisitions    
Depreciation 60,125 60,961
Amortization of intangible assets 11,663 7,664
Share-based compensation expense 12,179 9,318
Deferred income taxes 775 48
Investment gain (25,624) (4,733)
Gain on sale of subsidiary (13,730) 0
Impairment of long-lived assets 5,817 0
Gain on disposal of fixed assets 1 (4,954)
Interest income from derivative financial instruments (9,302) (4,602)
Other (354) (1,469)
Changes in operating assets:    
Change in accounts receivable 21,288 (12,855)
Change in inventory 5,982 (74,355)
Change in other operating assets (5,673) 1,037
Changes in operating liabilities:    
Change in accounts payable 9,480 (907)
Change in accrued liabilities (17,367) (15,923)
Change in income tax payable (1,437) (1,158)
Change in other operating liabilities 3,068 (246)
Net cash flows from operating activities 98,264 (16,744)
Cash flows from investing activities    
Acquisition, net of cash acquired (5,160) 0
Purchases of property, plant, and equipment (36,338) (38,328)
Proceeds from sale of property, plant and equipment 5,626 165
Proceeds from short-term investments 5,390 2,664
Purchases of short-term investments (7,566) (2,114)
Purchases of equity securities (49,208) 0
Proceeds from sale of subsidiary 15,958 0
Insurance recovery 0 4,725
Proceeds paid for hedge termination (6,890) 0
Other (426) 2,048
Net cash flows from investing activities (78,614) (30,840)
Cash flows from financing activities    
Advances on lines of credit and short-term debt 15,082 53,268
Repayments of lines of credit and short-term debt (22,881) (66,247)
Proceeds from long-term debt 6,539 3,155
Repayments of long-term debt (3,722) (3,700)
Repayment of and proceeds from finance lease obligation (18) (27)
Taxes paid related to net share settlement (1,623) (5,742)
Net changes in noncontrolling interests (13,487) 2,544
Repurchase of common stock (10,004) 0
Other (2) (225)
Net cash flows from financing activities (30,116) (16,974)
Effect of exchange rate changes on cash and cash equivalents 18,519 13,732
Change in cash and cash equivalents, including restricted cash 8,053 (50,826)
Cash and cash equivalents, beginning of period, including restricted cash 314,724 318,483
Cash and cash equivalents, end of period, including restricted cash 322,777 267,657
Supplemental Cash Flow Information    
Interest paid during the period 826 1,246
Taxes paid during the period 10,980 9,096
Non-cash investing and financing activities:    
Accounts payable balance related to the purchase of property, plant and equipment 9,572 11,001
Dividend payable to noncontrolling interest $ 4,673 $ 4,437