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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities:      
Net Income $ 541,817 $ 214,352 $ 393,913
Adjustments to reconcile net income to net cash flows provided by operating activities:      
Depreciation 136,649 139,451 144,577
Amortization of intangibles 31,314 37,893 37,602
Share-based compensation 79,429 83,334 69,072
Bad debt expense 2,940 (1,502) 18,279
Inventory obsolescence 45,909 63,748 64,916
Deferred income taxes (24,186) 176,385 69,510
Income from equity method investments (24,938) (18,423) (25,429)
(Gain) loss on sale of assets, net (138) 1,016 (26,905)
Valuation allowance on foreign deferred tax assets 3,200 0 0
Content asset amortization 77,986 51,837 56,037
Loss on liquidation of subsidiary 0 0 45,366
Changes in assets and liabilities:      
Accounts receivable, net 21,369 (198,322) 197,902
Inventories (24,519) 261,309 (203,522)
Prepaid expenses and other current assets (11,168) 8,182 (11,960)
Accounts payable, accrued liabilities, and income taxes payable 49,592 135,767 (341,605)
Content asset spend (25,562) (58,062) (60,259)
Other, net (79,128) (27,174) 15,348
Net cash flows provided by operating activities 800,566 869,791 442,842
Cash Flows From Investing Activities:      
Purchases of tools, dies, and molds (67,415) (74,480) (80,175)
Purchases of other property, plant, and equipment (135,205) (85,820) (106,328)
Proceeds from (payments for) foreign currency forward exchange contracts, net 7,344 14,948 (520)
Proceeds from sale of assets 2,072 6,847 38,148
Other, net 4,161 (3,913) 4,650
Net cash flows used for investing activities (189,043) (142,418) (144,225)
Cash Flows From Financing Activities:      
Payments of long-term borrowings, net 0 0 (250,000)
Share repurchases (400,000) (203,016) 0
Tax withholdings for share-based compensation (19,663) (35,108) (30,440)
Proceeds from stock option exercises 6,345 26,742 27,750
Other, net (36,034) (15,185) (7,949)
Net cash flows used for financing activities (449,352) (226,567) (260,639)
Effect of Currency Exchange Rate Changes on Cash and Equivalents (35,626) (678) (8,105)
Change in Cash and Equivalents 126,545 500,128 29,873
Cash and Equivalents at Beginning of Period 1,261,363 761,235 731,362
Cash and Equivalents at End of Period 1,387,908 1,261,363 761,235
Cash paid during the year for:      
Income taxes, gross 100,327 93,641 89,617
Interest $ 114,280 $ 117,701 $ 129,217