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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES:    
Consolidated net income $ 41,027 $ 41,886
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 20,914 22,468
Amortization of debt financing costs 1,304 6,311
Impairment of intangible assets 225 158
Non-cash stock compensation expense 4,709 2,921
Non-cash interest expense 0 454
Deferred income taxes, net (1,174) (8,009)
Other 31 0
Changes in operating assets and liabilities:    
Trade accounts receivable 49,563 (21,355)
Inventories, net 2,708 (5,928)
Prepaid expenses and other current assets 4,137 (1,190)
Trade accounts payable (4,286) (1,948)
Accrued expenses and other liabilities 8,296 (26,783)
NET CASH PROVIDED BY OPERATING ACTIVITIES 127,454 8,985
INVESTING ACTIVITIES:    
Proceeds from disposal of assets 152 0
Payments for intangible assets 0 (1,000)
Purchases of property, plant and equipment (22,483) (9,918)
NET CASH USED IN INVESTING ACTIVITIES (22,331) (10,918)
FINANCING ACTIVITIES:    
Proceeds from the exercise of stock options 1,115 0
Debt financing costs 0 (3,571)
Debt payments 0 (200,000)
NET CASH PROVIDED BY(USED IN) FINANCING ACTIVITIES 1,115 (203,571)
Effect of exchange rate changes on cash and cash equivalents 415 236
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 106,653 (205,268)
Cash and cash equivalents at beginning of period 200,772 346,266
CASH AND CASH EQUIVALENTS AT END OF PERIOD 307,425 140,998
SUPPLEMENTAL DISCLOSURES:    
Amount paid for interest 11,041 10,613
Amount (received) paid for income taxes, net (42) 43,075
Additional capital expenditures included in accounts payable $ 7,571 $ 2,874