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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES:    
Consolidated net income (loss) $ 40,667 $ 151,788
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 63,792 65,985
Amortization of debt financing costs 3,912 9,456
Impairment of intangible assets 15,678 9,368
Non-cash stock compensation expense 15,626 11,282
Non-cash interest expense 0 770
Income from available-for-sale securities (3,032) 0
Deferred income taxes, net (3,407) (13,346)
Loss on sale of available-for-sale securities 199 45
Other 253 (765)
Changes in operating assets and liabilities:    
Trade accounts receivable 94,520 (112,252)
Inventories, net (7,286) 5,744
Prepaid expenses and other current assets (21,116) (6,349)
Trade accounts payable (1,782) 5,698
Accrued expenses and other liabilities 11,780 (31,803)
NET CASH PROVIDED BY OPERATING ACTIVITIES 209,804 95,621
INVESTING ACTIVITIES:    
Proceeds from disposal of assets 4,811 5,966
Payments for intangible assets (200) (3,875)
Purchases of property, plant and equipment (77,538) (48,884)
NET CASH USED IN INVESTING ACTIVITIES (72,927) (46,793)
FINANCING ACTIVITIES:    
Proceeds from the exercise of stock options 7,235 8,891
Debt financing costs 0 (5,128)
Debt payments 0 (200,000)
Common stock repurchases 0 (25,000)
NET CASH PROVIDED BY(USED IN) FINANCING ACTIVITIES 7,235 (221,237)
Effect of exchange rate changes on cash and cash equivalents 496 193
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 144,608 (172,216)
Cash and cash equivalents at beginning of period 200,772 346,266
CASH AND CASH EQUIVALENTS AT END OF PERIOD 345,380 174,050
SUPPLEMENTAL DISCLOSURES:    
Amount paid for interest 33,691 33,022
Amount paid for income taxes, net 44,155 103,103
Additional capital expenditures included in accounts payable 9,734 7,514
Non-cash conversion to common shares of convertible notes $ 0 $ 43,214