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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income (loss) $ 61,588 $ 119,929 $ (8,508)
(Income) loss from discontinued operations, net of tax (11,291) 312 1,095
(Gain) loss on sale of discontinued operations, net of tax (2,875) 376 (668)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 170,640 178,385 176,884
Share-based compensation expense 11,021 29,830 16,377
Loss on divestitures and other, net 4,031 1,265 2,736
Impairment of intangible and long-lived assets 30,668 0 109,910
Write-off of financing costs 1,080 0 0
Loss on early retirement of debt 0 0 43,609
Deferred income taxes (25,431) 26,376 (34,359)
Other, net 8,467 (4,861) 9,225
Changes in operating assets and liabilities, net of acquisitions:      
Receivables, net (5,606) (462) 94,279
Inventories 12,714 (19,434) (1,495)
Prepaid expenses and other assets (11,625) 7,474 8,148
Accounts payable and accrued expenses (63,520) (65,165) (46,524)
Income taxes receivable/payable 3,438 2,241 56,297
Litigation settlement 0 (18,853) (18,853)
Contributions to company sponsored pension plans (38,500) 0 0
Net cash provided by operating activities 144,799 257,413 408,153
Cash flows from investing activities:      
Payments for property, plant and equipment (106,726) (144,642) (162,542)
Payments for acquisitions, net of cash acquired (21,596) (158,203) 0
Proceeds from sale of fixed assets 4,336 14,705 18,495
Other investments (11,000) 0 (2,200)
Net cash used in investing activities (134,986) (288,140) (146,247)
Cash flows from financing activities:      
Repayments of debt (143,323) (1,232) (1,416)
Early retirement of debt 0 0 (476,188)
Premiums paid on early retirement of debt 0 0 (37,309)
Payments of financing costs (1,786) 0 (16,816)
Proceeds from senior secured revolver 326,900 254,300 360,670
Payments for senior secured revolver (324,800) (245,200) (430,971)
Proceeds from receivables securitization facility 2,525,000 945,000 685,000
Payments for receivables securitization facility (2,360,000) (905,000) (920,000)
Proceeds from issuance of 2023 notes 0 0 700,000
Common stock repurchases 0 (25,000) (53,010)
Cash dividends paid (32,737) (32,828) (26,182)
Issuance of common stock, net of share repurchases for withholding taxes (535) (720) (16)
Tax savings on share-based compensation 0 746 342
Net cash used in financing activities (11,281) (9,934) (215,896)
Effect of exchange rate changes on cash and cash equivalents 0 (2,093) (1,638)
Change in cash and cash equivalents (1,468) (42,754) 44,372
Cash and cash equivalents, beginning of period 17,980 60,734 16,362
Cash and cash equivalents, end of period $ 16,512 $ 17,980 $ 60,734