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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES:      
Consolidated net (loss) income $ (24,550) $ 184,243 $ 150,798
Adjustments to reconcile consolidated net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 85,173 87,963 86,924
Impairment of intangible assets 128,127 44,369 33,003
Amortization of deferred financing fees 5,216 10,760 4,350
Amortization of favorable contracts 0 0 71
Amortization of inventory step-up 0 0 4,681
Non-cash stock compensation expense 21,018 15,412 12,997
Non-cash interest expense 0 777 2,778
Non-cash gain on bargain purchase 0 0 (849)
Income from available-for-sale securities (3,032) 0 0
Deferred income taxes, net (115,249) (32,934) (46,130)
Excess tax benefit from stock compensation 0 0 (47,997)
Loss on extinguishment of debt 0 0 1,243
Gain on sale of available-for-sale security 199 45 237
Other (307) (4,888) 0
Changes in operating assets and liabilities:      
Trade accounts receivable, net 141,979 (132,617) 40,287
Inventories, net (8,367) 10,208 (50,729)
Prepaid expenses and other current assets (14,120) (6,494) 17,574
Trade accounts payable (9,223) 6,139 (4,819)
Accrued expenses and other liabilities 42,400 (15,224) 93,229
NET CASH PROVIDED BY OPERATING ACTIVITIES 249,264 167,759 297,648
INVESTING ACTIVITIES:      
Payments for acquisitions and equity investments, net of cash acquired 0 0 (24,408)
Proceeds from disposal of assets 4,815 5,966 2,459
Payments for other intangible assets (200) (3,950) (3,835)
Purchases of property, plant and equipment (95,170) (74,938) (27,934)
NET CASH USED IN INVESTING ACTIVITIES (90,555) (72,922) (53,718)
FINANCING ACTIVITIES:      
Proceeds under stock option and stock purchase plans 7,594 9,795 11,916
Payments of contingent acquisition liabilities 0 0 (8,991)
Debt financing costs 0 (5,128) (8,564)
Excess tax benefits from stock compensation 0 0 47,997
Common stock repurchases 0 (45,000) 0
Debt repayment 0 (200,000) (10,450)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 7,594 (240,333) 31,908
Effect of changes in exchange rates on cash and cash equivalents 1,044 2 (251)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 167,347 (145,494) 275,587
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 200,772 346,266 70,679
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 368,119 $ 200,772 $ 346,266