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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows From Operating Activities    
Net income $ 96,724 $ 81,068
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 60,859 58,545
Deferred compensation 4,754 11,478
Realized and unrealized gains on long-term investments (2,169) (2,806)
Stock-based compensation 7,414 7,045
Deferred income taxes 257 (2,291)
Other non-cash items 860 2,192
Changes in assets and liabilities:    
Receivables, net (28,405) (8,959)
Inventories (2,574) 25,879
Other current assets (4,215) (3,750)
Accounts payable and accrued liabilities 12,041 (35,330)
Pension liabilities (418) (979)
Environmental and legal liabilities (3,388) 800
Deferred revenues (62) (243)
Net Cash Provided By Operating Activities 141,678 132,649
Cash Flows From Investing Activities    
Expenditures for property, plant and equipment (84,903) (70,829)
Asset acquistion (Note 17) (2,040)  
Business acquisition, net of cash acquired (Note 17) (13,519)  
Other, net 2,332 2,332
Net Cash Used In Investing Activities (98,130) (68,497)
Cash Flows From Financing Activities    
Revolving debt and bank overdrafts, net   (6,929)
Other debt repayments (14,286) (37,143)
Dividends paid (18,547) (16,911)
Company stock repurchased (13,753) (13,184)
Stock option exercises 2,835 2,830
Other, net (889) (3,101)
Net Cash Used In Financing Activities (44,640) (74,438)
Effect of Exchange Rate Changes on Cash (3,899) (3,913)
Net Decrease in Cash and Cash Equivalents (4,991) (14,199)
Cash and Cash Equivalents at Beginning of Period 315,383 300,194
Cash and Cash Equivalents at End of Period 310,392 285,995
Supplemental Cash Flow Information    
Cash payments of income taxes, net of refunds/payments 27,420 21,698
Cash payments of interest $ 6,916 $ 9,311