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Consolidated Cash Flow Statements - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 92,853 $ 127,646 $ 66,180
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 149,650 145,593 150,342
Impairment of assets held for sale 0 23,931 0
Share-based compensation 14,647 18,178 17,745
Loss on debt extinguishment 52,441 2,342 0
Deferred income tax benefit (24,098) (30,034) (45,674)
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes and acquired businesses:      
Receivables (24,931) (10,115) 6,066
Inventories (84,088) 2,677 19,204
Accounts payable 100,752 39,298 (38,907)
Accrued liabilities (25,076) (13,181) 59,214
Accrued taxes 5,001 11,722 11,981
Other assets (13,255) 760 (4,840)
Other liabilities 11,404 (4,023) 149
Net cash provided by operating activities 255,300 314,794 241,460
Net cash provided by operating activities      
Cash used to acquire businesses, net of cash acquired (166,896) (18,848) (695,345)
Capital expenditures (64,261) (53,974) (54,969)
Other 0 (827) 0
Proceeds from disposal of business 0 0 3,527
Proceeds from disposal of tangible assets 1,039 392 533
Net cash used for investing activities (230,118) (73,257) (746,254)
Cash flows from financing activities:      
Payments under borrowing arrangements (1,105,892) (294,375) (152,500)
Cash dividends paid (43,376) (16,079) (8,395)
Payments under share repurchase program (25,000) 0 (39,053)
Debt issuance costs paid (17,316) (3,910) (898)
Withholding tax payments for share based payment awards, net of proceeds from the exercise of stock options (6,564) (7,480) (11,693)
Borrowings under credit arrangements 866,700 222,050 200,000
Proceeds from the issuance of preferred stock, net 0 501,498 0
Contribution from noncontrolling interest 0 0 1,470
Net cash provided by (used for) financing activities (331,448) 401,704 (11,069)
Effect of foreign currency exchange rate changes on cash and cash equivalents 19,258 (11,876) (8,548)
Increase (decrease) in cash and cash equivalents (287,008) 631,365 (524,411)
Cash and cash equivalents, beginning of period 848,116 216,751 741,162
Cash and cash equivalents, end of period $ 561,108 $ 848,116 $ 216,751