XML 20 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities of Continuing Operations:        
Net income $ 89,849 $ 74,152 $ 202,649 $ 111,740
Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations—        
Income from discontinued operations 0 (605) 0 (605)
Depreciation 48,426 42,678 135,769 126,607
Amortization of intangible assets 8,979 8,094 22,035 23,730
Equity in losses of unconsolidated affiliates 2,755 89 5,506 648
Amortization of debt issuance costs 339 339 1,017 1,017
Gain on sale of property and equipment (451) (1,094) (617) (547)
Foreign currency (gain) loss 1,022 (104) 1,884 564
Provision for (recovery of) doubtful accounts 7 351 933 (576)
Deferred income tax provision (benefit) (1,980) (17,096) 1,650 (22,238)
Non-cash stock-based compensation 10,929 9,746 34,352 32,968
Changes in operating assets and liabilities, net of non-cash transactions 13,828 (185,078) (230,341) (68,215)
Net cash provided by (used in) operating activities of continuing operations 173,703 (68,528) 174,837 205,093
Cash Flows from Investing Activities of Continuing Operations:        
Proceeds from sale of property and equipment 4,080 6,849 16,424 17,103
Additions of property and equipment (62,997) (35,874) (168,278) (144,424)
Cash paid for acquisitions, net of cash acquired (352,887) (28,248) (360,522) (67,958)
Investments in and return of equity from unconsolidated affiliates (40,557) (1,993) (53,511) (7,381)
Cash received from (paid for) other investments, net 676 802 (410) 1,882
Cash deposited to restricted cash (659) (1,191) (778) (1,149)
Net cash used in investing activities of continuing operations (452,344) (59,655) (567,075) (201,927)
Cash Flows from Financing Activities of Continuing Operations:        
Borrowings under credit facility 812,503 709,100 2,060,597 2,060,088
Payments under credit facility (541,040) (625,416) (1,664,424) (2,051,687)
Payments on other long-term debt (558) (860) (3,441) (6,407)
Payments on short-term debt 0 0 (2,783) (4,711)
Distributions to non-controlling interests (443) (612) (1,806) (612)
Payments related to tax withholding for share-based compensation (329) (258) (18,134) (7,490)
Exercise of stock options 0 146 25 360
Net cash provided by (used in) financing activities of continuing operations 270,133 82,100 370,034 (10,459)
Discontinued operations:        
Net cash used in investing activities 0 0 0 (6,080)
Net cash used in discontinued operations 0 0 0 (6,080)
Effect of foreign exchange rate changes on cash and cash equivalents 475 1,105 1,553 1,968
Net decrease in cash and cash equivalents (8,033) (44,978) (20,651) (11,405)
Cash and cash equivalents, beginning of period 99,565 162,344 112,183 128,771
Cash and cash equivalents, end of period $ 91,532 $ 117,366 $ 91,532 $ 117,366