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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities    
Net income (loss) $ 38,145 $ (121,710)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization of intangible assets 85,691 92,428
Amortization of operating lease right-of-use assets 13,847 0
Stock-based compensation 21,064 23,069
Amortization of prepaid debt fees 3,686 5,825
Deferred taxes, net 4,990 (13,141)
Restructuring, non-cash (2,147) 569
Other adjustments, net (6,121) (30)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (39,385) 7,774
Inventories (15,762) (10,072)
Other current assets (10,494) (9,797)
Other long-term assets 7,945 3,817
Accounts payable, other current liabilities, and taxes payable (4,063) 4,494
Wages and benefits payable 30,220 2,166
Unearned revenue 6,746 27,869
Warranty (5,506) 3,167
Other operating, net (756) 50,955
Net cash provided by operating activities 128,100 67,383
Investing activities    
Acquisitions of property, plant, and equipment (44,570) (42,493)
Business acquisitions, net of cash equivalents acquired 0 (803,075)
Other investing, net 9,977 (181)
Net cash used in investing activities (34,593) (845,749)
Financing activities    
Proceeds from borrowings 50,000 761,938
Payments on debt (100,313) (332,297)
Issuance of common stock 7,117 8,283
Repurchase of common stock (25,000) 0
Prepaid debt fees (175) (24,042)
Other financing, net (5,221) (5,526)
Net cash provided by (used in) financing activities (73,592) 408,356
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (543) (6,175)
Increase (decrease) in cash, cash equivalents, and restricted cash 19,372 (376,185)
Cash, cash equivalents, and restricted cash at beginning of period 122,328 487,335
Cash, cash equivalents, and restricted cash at end of period 141,700 111,150
Supplemental disclosure of cash flow information:    
Income taxes, net 8,842 6,367
Interest $ 39,523 $ 34,539