XML 58 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash Flows From Operating Activities:    
Net Loss $ (58,177)us-gaap_NetIncomeLoss $ (11,218)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash flows provided by (used for) operating activities:    
Depreciation 56,682us-gaap_Depreciation 48,006us-gaap_Depreciation
Amortization 8,103us-gaap_AdjustmentForAmortization 3,508us-gaap_AdjustmentForAmortization
Deferred income taxes (22,103)us-gaap_DeferredIncomeTaxExpenseBenefit 24,220us-gaap_DeferredIncomeTaxExpenseBenefit
Tax benefits from share-based payment arrangements 260us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (14,243)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Share-based compensation 11,603us-gaap_ShareBasedCompensation 12,693us-gaap_ShareBasedCompensation
Increase (decrease) from changes in assets and liabilities:    
Accounts receivable 361,084us-gaap_IncreaseDecreaseInAccountsReceivable 494,496us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (98,709)us-gaap_IncreaseDecreaseInInventories (82,203)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets (3,106)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 4,346us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable, accrued liabilities, and income taxes payable (329,228)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (409,648)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Other, net 20,481us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (9,379)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash flows (used for) provided by operating activities (53,110)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 60,578us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash Flows From Investing Activities:    
Purchases of tools, dies, and molds (21,896)us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment (30,262)us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment
Purchases of other property, plant, and equipment (16,852)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (13,570)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
(Payments for) proceeds from foreign currency forward exchange contracts (53,606)us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities 13,985us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
Other, net 322us-gaap_PaymentsForProceedsFromOtherInvestingActivities 201us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash flows used for investing activities (92,032)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (29,646)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash Flows From Financing Activities:    
Payments of short-term borrowings, net   (4,278)us-gaap_RepaymentsOfShortTermDebt
Share repurchases   (27,688)us-gaap_PaymentsForRepurchaseOfCommonStock
Payments of dividends on common stock (128,530)us-gaap_PaymentsOfDividendsCommonStock (129,327)us-gaap_PaymentsOfDividendsCommonStock
Proceeds from exercise of stock options 2,405us-gaap_ProceedsFromStockOptionsExercised 5,138us-gaap_ProceedsFromStockOptionsExercised
Tax benefits from share-based payment arrangements (260)us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 14,243us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Other, net (2,403)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (26,954)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash flows used for financing activities (128,788)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (168,866)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of Currency Exchange Rate Changes on Cash (14,812)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (4,028)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Decrease in Cash and Equivalents (288,742)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (141,962)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Equivalents as of Beginning of Period 971,650us-gaap_CashAndCashEquivalentsAtCarryingValue 1,039,216us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Equivalents as of End of Period $ 682,908us-gaap_CashAndCashEquivalentsAtCarryingValue $ 897,254us-gaap_CashAndCashEquivalentsAtCarryingValue