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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING ACTIVITIES    
Net income $ 29,408 $ 7,899
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Depreciation 15,642 18,302
Amortization 2,314 2,646
Change in deferred taxes and other liabilities (1,065) (2,028)
Provision for write-off of property, plant and equipment 386 271
Non-cash interest expense 151
Compensation and benefits paid or payable in Class A Common Stock (547) 289
Fair value adjustment on foreign currency option 37
Changes in operating assets and liabilities that (used)/provided cash:    
Accounts receivable (11,624) (25,089)
Contract assets (481) 2,116
Inventories (16,662) (11,753)
Prepaid expenses and other current assets (2,804) (4,063)
Income taxes prepaid and receivable 674 102
Accounts payable 21,750 (2,538)
Accrued liabilities (11,095) (1,227)
Income taxes payable 1,506 (3,431)
Noncurrent receivables (294) (2,527)
Other noncurrent liabilities (1,679) (377)
Other, net (1,014) 2,424
Net cash provided by/(used in) operating activities 24,566 (18,947)
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (20,798) (15,771)
Purchased software (22) (29)
Net cash used in investing activities (20,820) (15,800)
FINANCING ACTIVITIES    
Proceeds from borrowings 20,000 13,011
Principal payments on debt (28,004) (8,490)
Principal payments on finance lease liabilities (400)  
Taxes paid in lieu of share issuance (971) (1,652)
Proceeds from options exercised 44 147
Dividends paid (5,808) (5,474)
Net cash used in financing activities (15,139) (2,458)
Effect of exchange rate changes on cash and cash equivalents 1,023 4,904
Decrease in cash and cash equivalents (10,370) (32,301)
Cash and cash equivalents at beginning of period 197,755 183,727
Cash and cash equivalents at end of period $ 187,385 $ 151,426