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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net (loss) income $ (203,597) $ (385,627) $ 36,940
Loss from discontinued operations, net of tax 306,099 324,360 108,756
Adjustments to reconcile net income or loss to net cash from operating activities:      
Depreciation and amortization 114,485 112,724 111,166
Allowance for credit losses 13,182 14,219 7,019
Allowance for DIP Facility 19,373 0 0
Stock-based compensation 16,524 8,857 16,311
Amortization of debt fees 12,907 10,698 8,674
Loss (gain) on debt redemption/refinancing 10,892 (3,064) 4,993
Restructuring charges 76,915 52,412 17,208
Restructuring payments (86,024) (34,443) (15,406)
Pension contributions and retiree medical payments (24,907) (33,815) (26,769)
Pension settlement charges 91,339 0 0
Loss on disposal of fixed assets 13,192 13,572 9,170
Gain on sale of businesses, including transaction costs 0 0 (12,205)
Gain on sale of assets 0 0 (14,372)
(Gain) loss on revaluation of intercompany loans (10,241) 5,760 0
Impairment charges 10,000 123,574 0
Deferred taxes (173,710) (35,786) 5,949
Other, net (12,954) (6,841) 41,681
Changes in operating assets and liabilities, net of acquisitions/divestitures:      
Accounts and other receivables 31,983 25,431 (14,422)
Finance receivables 60,342 (2,646) (12,591)
Inventories 2,260 18,209 (3,390)
Other current assets and prepayments 996 20,815 13,615
Accounts payable and accrued liabilities 47,348 (16,386) 49,396
Current and noncurrent income taxes (35,070) 30,101 23,291
Advance billings (4,882) (7,528) (14,262)
Net cash from operating activities: continuing operations 276,452 234,596 340,752
Net cash from operating activities: discontinued operations (47,282) (154,505) (165,713)
Net cash from operating activities 229,170 80,091 175,039
Cash flows from investing activities:      
Capital expenditures (72,403) (78,109) (82,629)
Purchases of investment securities (30,099) (18,887) (8,863)
Proceeds from sales/maturities of investment securities 76,563 25,390 28,724
Net investment in loan receivables (9,467) (29,754) (53,114)
DIP Facility net disbursement (17,234) 0 0
Proceeds from sale of business, net of cash sold 0 0 111,593
Proceeds from asset sales 0 0 50,766
Acquisitions, net of cash acquired 0 0 (5,139)
Settlement of derivative contracts 0 427 (27,660)
Other investing activities, net 10,969 1,606 4,264
Net cash from investing activities: continuing operations (41,671) (99,327) 17,942
Net cash from investing activities: discontinued operations (7,385) (24,769) (42,211)
Net cash from investing activities (49,056) (124,096) (24,269)
Cash flows from financing activities:      
Proceeds from the issuance of debt, net of discount 0 266,750 0
Principal payments of debt (233,930) (322,886) (124,101)
Premiums and fees to refinance debt (13,688) (10,531) (8,535)
Dividends paid to stockholders (35,956) (35,215) (34,718)
Customer deposits at the Bank (10,458) 86,223 (3,990)
Common stock repurchases 0 0 (13,446)
Other financing activities, net (4,568) (6,340) (3,674)
Net cash from financing activities: continuing operations (298,600) (21,999) (188,464)
Net cash from financing activities: discontinued operations (6,855) (8,003) (9,619)
Net cash from financing activities (305,455) (30,002) (198,083)
Effect of exchange rate changes on cash and cash equivalents (4,987) 5,731 (16,091)
Change in cash and cash equivalents (130,328) (68,276) (63,404)
Cash and cash equivalents at beginning of period 600,054 668,330 731,734
Cash and cash equivalents at end of period $ 469,726 $ 600,054 $ 668,330