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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities:    
Net income $ 86,858 $ 243,704
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 62,556 44,957
Amortization of convertible debt discount 731 1,776
Loss (gain) on disposition of property, plant and equipment 103 (632)
Stock compensation expense 5,453 16,092
Withholding taxes paid on stock issuances (4,357) (2,045)
Loss (gain) on the sale of businesses 1,586 (313,471)
Changes in assets and liabilities, net of the effects of divestitures:    
Accounts receivable (26,648) (11,694)
Inventories (8,481) (405)
Prepaid expenses and other current assets (3,074) (815)
Accounts payable 8,237 8,988
Accrued liabilities 8,630 27,784
Deferred income taxes (6,942) (6,603)
Long-term retirement benefits (6,400) 238
Other 3,519 4,700
Net cash provided by operating activities 121,771 12,574
Investing activities:    
Proceeds from disposition of property, plant and equipment 627 895
(Payments for) proceeds from the sale of businesses (1,181) 539,116
Change in restricted cash 4,886 0
Capital expenditures (43,594) (33,799)
Component Repair Program payments (41,000) 0
Other (1,030) (1,901)
Net cash (used) provided by investing activities (81,292) 504,311
Financing activities:    
Net change in other borrowings 24,663 3,887
Payments on long-term debt (183,673) (482,158)
Proceeds from the issuance of long-term debt 158,883 178,000
Payment of assumed liability to Otto Männer Holding AG (19,796) 0
Premium paid on convertible debt redemption (14,868) 0
Proceeds from the issuance of common stock 10,323 10,873
Common stock repurchases (8,389) (68,608)
Dividends paid (17,925) (16,495)
Excess tax benefit on stock awards 4,625 3,312
Other (185) (1,320)
Net cash used by financing activities (46,342) (372,509)
Effect of exchange rate changes on cash flows (1,986) (447)
(Decrease) increase in cash and cash equivalents (7,849) 143,929
Cash and cash equivalents at beginning of period 70,856 86,356
Cash and cash equivalents at end of period 63,007 230,285
Supplemental Disclosure of Cash Flow Information:    
Acquisition of intangible assets $ 39,000