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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net income (loss) $ (89,893) $ 99,342
Adjustments to reconcile net income (loss) to cash provided by operating activities    
Depreciation and amortization 84,278 80,743
Equity-based compensation expense 12,356 24,753
Amortization of deferred financing costs 123 123
Deferred tax provision (benefit) (25,772) 13,823
Provision for bad debts 10,410 (122)
(Gain) loss on sale of assets (1,095) (521)
Changes in fair value of marketable securities (1,061) 1,736
Unrealized gain on derivative 296 0
Change in value of contingent consideration 0 (1,532)
Other 0 (3,909)
Changes in operating assets and liabilities    
Accounts receivable 82,042 62,711
Inventories 20,032 37,576
Other current assets 5,990 11,801
Other assets (4) 2,479
Accounts payable 474 1,162
Deferred revenue (29,479) (17,672)
Accrued and other current liabilities (28,556) (17,991)
Other non-current liabilities (12,295) 885
Net cash provided by operating activities 27,846 295,387
Cash flows from investing activities    
Acquisition of Timco Services, Inc. (net of acquired cash) 0 (78,676)
Purchases of property, plant and equipment (29,777) (88,296)
Proceeds from sale of assets and equipment 2,235 3,100
Proceeds from sale of investments 11,101 0
Purchase of marketable securities (921) (94)
Net cash used in investing activities (17,362) (163,966)
Cash flows from financing activities    
Repayments of borrowings (7,120) (57)
Proceeds from borrowings 318 0
Costs of Series A convertible preferred stock conversion to common stock (595) 0
Dividends paid on common stock (62,333) (69,573)
Dividends paid on preferred stock (1) (2)
Distribution to noncontrolling interest (8,027) (43,539)
Treasury shares withheld (3,046) (4,359)
Proceeds from the issuance of ESPP shares 973 290
Net cash used in financing activities (79,831) (117,240)
Effect of exchange rate changes on cash (3,162) 3,518
Net increase (decrease) in cash (72,509) 17,699
Cash and cash equivalents at beginning of period 602,359 489,354
Cash and cash equivalents at end of period $ 529,850 $ 507,053