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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows From Operating Activities    
Net income $ 83,914 $ 63,382
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 45,311 40,329
Deferred compensation 3,652 (859)
Realized and unrealized gains on long-term investments (2,761) (75)
Stock-based compensation 5,346 4,191
Deferred income taxes (39,475) 1,427
Other non-cash items 92 655
Changes in assets and liabilities:    
Receivables, net (68,033) (23,253)
Inventories (35,747) (9,740)
Other current assets (63) (6,077)
Accounts payable and accrued liabilities 34,027 (8,284)
Pension liabilities (971) (323)
Environmental and legal liabilities (463) (3,116)
Deferred revenues (134) 243
Net Cash Provided By Operating Activities 24,695 58,500
Cash Flows From Investing Activities    
Expenditures for property, plant and equipment (74,868) (54,671)
Asset acquisition (Note 17) (3,503) (2,040)
Business acquisition, net of cash acquired (Note 17) (184,560)  
Other, net 1,430 2,331
Net Cash Used In Investing Activities (261,501) (54,380)
Cash Flows From Financing Activities    
Revolving debt and bank overdrafts, net (Note 14) 4,495  
Other debt borrowings (Note 14) 50,000  
Other debt repayments (14,286) (14,286)
Dividends paid (13,724) (12,371)
Company stock repurchased (10,895) (13,753)
Stock option exercises 1,087 392
Other, net (1,920) (415)
Net Cash (Used In) Provided By Financing Activities 14,757 (40,433)
Effect of Exchange Rate Changes on Cash (836) (6,193)
Net Decrease in Cash and Cash Equivalents (222,885) (42,506)
Cash and Cash Equivalents at Beginning of Period 349,938 315,383
Cash and Cash Equivalents at End of Period 127,053 272,877
Supplemental Cash Flow Information    
Cash payments of income taxes, net of refunds/payments 43,472 7,501
Cash payments of interest $ 4,622 $ 4,810