XML 59 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows From Operating Activities:    
Net (loss) income $ (69,528) $ 17,107
Adjustments to reconcile net (loss) income to net cash flows used for operating activities:    
Depreciation 114,626 97,582
Amortization 16,355 12,242
Deferred income taxes (42,463) (28,971)
Tax deficiency (benefit) from share-based payment arrangements 108 (16,628)
Share-based compensation 27,290 24,472
Increase (decrease) from changes in assets and liabilities, net of acquired assets and liabilities:    
Accounts receivable 263,192 414,563
Inventories (304,348) (231,120)
Prepaid expenses and other current assets (17,678) (79,710)
Accounts payable, accrued liabilities, and income taxes payable (222,918) (266,647)
Other, net (5,409) (22,047)
Net cash flows used for operating activities (240,773) (79,157)
Cash Flows From Investing Activities:    
Purchases of tools, dies, and molds (64,978) (70,538)
Purchases of other property, plant, and equipment (48,860) (37,877)
Payments for acquisition, net of cash acquired   (423,309)
(Payments for) proceeds from foreign currency forward exchange contracts (47,904) 6,615
Other, net 570 367
Net cash flows used for investing activities (161,172) (524,742)
Cash Flows From Financing Activities:    
Payments of short-term borrowings, net   (4,278)
Proceeds from short-term borrowings, net   20,481
Payments of long-term borrowings   (44,587)
Proceeds from long-term borrowings, net   495,458
Share repurchases   (128,165)
Payments of dividends on common stock (257,181) (257,669)
Proceeds from exercise of stock options 7,578 14,566
Tax (deficiency) benefit from share-based payment arrangements (108) 16,628
Other, net (5,883) (29,350)
Net cash flows (used for) provided by financing activities (255,594) 83,084
Effect of Currency Exchange Rate Changes on Cash (13,656) (184)
Decrease in Cash and Equivalents (671,195) (520,999)
Cash and Equivalents at Beginning of Period 971,650 1,039,216
Cash and Equivalents at End of Period $ 300,455 $ 518,217