XML 69 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net income (loss) $ 8,934 $ 93,760
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 73,749 81,856
Stock-based compensation 14,276 14,319
Amortization of prepaid debt fees 1,244 1,176
Deferred taxes, net (17,490) 1,505
Restructuring expense (recovery), non-cash 27 (4,841)
Other adjustments, net (462) (119)
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable 21,925 46,493
Inventories (27,833) (4,619)
Other current assets (9,447) (21,525)
Other long-term assets 4,719 1,624
Accounts payable, other current liabilities, and taxes payable 11,652 (39,368)
Wages and benefits payable (7,844) (16,869)
Unearned revenue 3,418 9,201
Warranty (6,937) (23,610)
Other operating, net (4,054) (1,980)
Net cash provided by operating activities 65,877 137,003
Investing activities    
Acquisitions of property, plant, and equipment (44,548) (34,278)
Business acquisitions, net of cash and cash equivalents acquired (860) (79,874)
Other investing, net 3,705 4,005
Net cash used in investing activities (41,703) (110,147)
Financing activities    
Proceeds from borrowings 35,000 70,000
Payments on debt (53,125) (101,252)
Issuance of common stock 3,842 3,778
Repurchase of common stock (23,566) (40,700)
Other financing, net 1,765 (342)
Net cash used in financing activities (36,084) (68,516)
Effect of foreign exchange rate changes on cash and cash equivalents (2,454) 48
Decrease in cash and cash equivalents (14,364) (41,612)
Cash and cash equivalents at beginning of period 136,411 133,086
Cash and cash equivalents at end of period 122,047 91,474
Non-cash transactions:    
Property, plant, and equipment purchased but not yet paid 2,249 5,206
Supplemental disclosure of cash flow information:    
Income taxes, net 10,817 33,368
Interest, net of amounts capitalized $ 6,276 $ 6,386