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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income $ 137,649 $ 125,115 $ 26,956
Depreciation and amortization 38,020 37,852 37,877
Restructuring charges (Note 2) 0 0 11,384
Stock-based compensation (Note 10) 13,760 12,239 11,758
Pension expense (Note 14) and other charges 3,382 5,901 7,142
Deferred income tax provision (benefit) (Note 9) 1,272 (4,065) (31,320)
Losses on asset dispositions, net 371 484 557
Pension contributions (Note 14) (5,537) (4,718) (4,094)
Currency exchange losses, net (Note 5) 19,814 2,330 5,127
Product liability expense (Note 19) 26,619 45,327 126,432
Collections on insurance receivable and notes receivable, insurance companies (Note 19) 21,035 101,552 111,969
Product liability payments (Note 19) (54,504) (61,500) (49,381)
Loss on extinguishment of debt (Note 11) 0 1,494 0
Trade receivables (8,855) (10,075) (6,384)
Inventories (Note 3) (23,246) (11,122) (30,363)
Prepaid expenses and other current assets (822) 10,866 (13,661)
Accounts payable and accrued liabilities 5,801 17,985 17,870
Other noncurrent assets and liabilities (9,797) (5,778) 8,467
Cash Flow From Operating Activities 164,962 263,887 230,336
Investing Activities      
Capital expenditures (36,604) (33,960) (23,725)
Purchase of short-term investments (Note 18) (169,245) (73,022) 0
Proceeds from maturities of short-term investments (Note 18) 174,670 18,000 0
Acquisition, net of cash acquired (Note 13) (33,196) 0 (216,308)
Property disposals and other investing 218 4,587 832
Cash Flow (Used In) Investing Activities (64,157) (84,395) (239,201)
Financing Activities      
(Payments on) proceeds from short-term debt, net (Note 11) (65) 51 13
Payments on long-term debt (Note 11) (880,500) (570,167) (559,767)
Proceeds from long-term debt (Note 11) 864,000 462,500 637,000
Debt issuance costs 0 (1,216) 0
Cash dividends paid (63,523) (57,248) (52,537)
Company stock purchases (Note 6) (12,648) (4,824) (17,513)
Exercise of stock options (Note 6) 7,471 8,573 18,465
Employee stock purchase plan (Note 6) 641 556 532
Other, net 0 (1,494) (590)
Cash Flow (Used In) From Financing Activities (84,624) (163,269) 25,603
Effect of exchange rate changes on cash, cash equivalents and restricted cash (4,242) (13,508) 6,189
Increase in cash, cash equivalents and restricted cash 11,939 2,715 22,927
Beginning cash, cash equivalents and restricted cash 140,604 137,889 114,962
Ending cash, cash equivalents and restricted cash 152,543 140,604 137,889
Supplemental cash flow information:      
Total cash, cash equivalents and restricted cash 140,604 137,889 137,889
Interest paid in cash 14,490 20,408 15,504
Income tax paid in cash $ 48,673 $ 40,587 $ 40,376