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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net income $ 65,910 $ 27,304
Depreciation and amortization 19,207 17,736
Restructuring charges (Note 5) 0 11,384
Stock-based compensation (Note 12) 7,692 8,233
Pension expense (Note 16) 2,976 3,538
Deferred income tax benefit (Note 11) (2,626) (10,725)
Loss on asset dispositions, net 1,148 48
Pension contributions (Note 16) (2,486) (2,950)
Currency exchange losses, net 2,823 3,431
Other operating expense (Note 19) 10,842 29,610
Trade receivables (1,897) (3,710)
Inventories (Note 4) (29,257) (22,280)
Prepaid expenses and other current assets 12,234 22,473
Accounts payable and accrued liabilities (26,099) (7,591)
Other noncurrent assets and liabilities 4,915 69,781
Cash Flow From Operating Activities 65,382 146,282
Investing Activities    
Capital expenditures (8,812) (6,127)
Property disposals 3,059 677
Cash Flow Used in Investing Activities (5,753) (5,450)
Financing Activities    
Proceeds from short-term debt, net 215 160
Proceeds from long-term debt (Note 13) 248,500 182,500
Payments on long-term debt (Note 13) (291,000) (307,300)
Cash dividends paid (27,981) (25,824)
Company stock purchases (Note 8) (3,835) (4,784)
Exercise of stock options (Note 8) 4,293 12,057
Employee stock purchase plan (Note 8) 280 282
Cash Flow Used in Financing Activities (69,528) (142,909)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (8,130) 3,327
(Decrease) increase in cash, cash equivalents and restricted cash (18,029) 1,250
Beginning cash, cash equivalents and restricted cash 137,889 114,962
Ending cash, cash equivalents and restricted cash 119,860 116,212
Cash and cash equivalents 116,650 115,361
Restricted cash included in prepaid expenses and other current assets $ 3,210 $ 851