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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net earnings $ 119,252 $ 116,457
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 51,375 29,096
Provision for losses on accounts receivable 8,093 2,695
Non-cash stock-based compensation 11,754 11,895
Deferred income taxes (2,883) 2,501
Amortization of debt discount 12,091 2,322
Other adjustments 4,087 3,633
Changes in assets and liabilities:    
Decrease in accounts receivable 247,659 68,057
Decrease (increase) in inventories 28,002 (17,946)
Decrease (increase) in other assets 19,643 (99,681)
Decrease in accounts payable (4,842) (39,191)
(Decrease) increase in accrued expenses and other liabilities (32,137) 88,757
Net cash provided by operating activities 462,094 168,595
Cash flows from investing activities:    
Proceeds from sale of assets held for sale 14,218  
Purchases of property and equipment (20,688) (16,922)
Acquisitions, net of cash and cash equivalents acquired (6,405) (664,287)
Net cash used in investing activities (12,875) (681,209)
Cash flows from financing activities:    
Borrowings on senior revolving credit facility   242,936
Repayments on senior revolving credit facility   (242,936)
Borrowings on accounts receivable securitization financing facility   2,364,500
Repayments on accounts receivable securitization financing facility   (2,558,500)
Net borrowings (repayments) under inventory financing facilities 114,321 (96,472)
Proceeds from issuance of convertible senior notes   341,250
Proceeds from issuance of warrants   34,440
Purchase of note hedge related to convertible senior notes   (66,325)
Repurchases of common stock (25,000) (27,899)
Other payments (7,520) (8,762)
Net cash (used in) provided by financing activities (489,087) 514,442
Foreign currency exchange effect on cash, cash equivalents and restricted cash balances 718 (3,960)
Decrease in cash, cash equivalents and restricted cash (39,150) (2,132)
Cash, cash equivalents and restricted cash at beginning of period 116,297 144,293
Cash, cash equivalents and restricted cash at end of period 77,147 142,161
ABL Facility [Member]    
Cash flows from financing activities:    
Borrowings on senior revolving credit facility 2,111,674 986,754
Repayments on senior revolving credit facility $ (2,682,562) $ (454,544)