XML 156 R126.htm IDEA: XBRL DOCUMENT v3.21.1
Financial Statement Schedule I - STATEMENTS OF CASH FLOWS (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities:      
Net income $ 147,246 $ 166,555 $ 242,431
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 209,118 159,723 129,256
Accretion of convertible notes 388    
Loss (gain) on change in fair value of derivatives (50,001) 22,218 19,230
Share-based compensation 12,350 10,682 10,258
Changes in operating assets and liabilities:      
Accounts receivable trade 65,379 51,670 (179,607)
Amounts due from related parties 26,828 (17,347) 9,237
Prepaid expenses and other current assets (72,188) 33,283 (2,208)
Other non-current assets (11,913) (24,037) 9,387
Accounts payable (89,180) 209,175 47,756
Amounts due to related parties (9,773) (5,798) 10,467
Liability for uncertain tax positions (623) (4,775) 10,863
Net deferred tax assets (21,439) (12,455) 37,591
Net settlement of derivatives 33,054 (27,012) 28,731
Net cash provided by (used in) operating activities (120,541) 600,111 216,280
Investing activities:      
Net cash provided by (used in) investing activities (319,662) (294,102) 29,071
Financing activities:      
Repayment of short-term borrowings (1,561,597) (1,649,721) (2,368,967)
Proceeds from changes in ownership interests in subsidiaries without change of control 261,332 11,488 10,470
(Repayment of) proceeds from convertible notes   (127,500)  
Proceeds from exercise of stock options 1,035 875 769
Net cash provided by (used in) financing activities 823,501 (34,614) (463,613)
Effect of exchange rate changes 50,997 (6,965) (38,725)
Net increase (decrease) in cash and cash equivalents 434,295 264,430 (256,987)
Cash and cash equivalents at the beginning of the year 1,205,420 940,990 1,190,134
Cash and cash equivalents at the end of the year 1,639,715 1,205,420 940,990
Supplemental disclosure of cash flow information:      
Interest paid (net of amounts capitalized) 78,747 85,362 103,236
Parent Company | Reportable Legal Entities [Member]      
Operating activities:      
Net income 146,703 171,585 237,070
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 156 154 21
Accretion of convertible notes 388    
Loss on disposal of subsidiaries   116,879  
Loss (gain) on change in fair value of derivatives (25,341) 5,193 2,671
Allowance for credit losses 357 (83) (212)
Equity in earnings of subsidiaries (171,293) (308,597) (195,950)
Share-based compensation 12,350 10,682 10,259
Changes in operating assets and liabilities:      
Amounts due from related parties 287,865 (43,630) (184,755)
Prepaid expenses and other current assets (13,183) 17,012 (7,778)
Other non-current assets 28,459 (1,158) (149)
Amounts due to related parties (340,502) 183,675 15,598
Other current liabilities 31,809 (2,707) (22,058)
Liability for uncertain tax positions 306 408 6,008
Net deferred tax assets (468) (1,292) 9,230
Net settlement of derivatives 19,517 (11,125) 21,450
Net cash provided by (used in) operating activities (22,877) 136,996 (108,595)
Investing activities:      
Investment in subsidiaries (126,487) (36,146) (1,051)
Investments in affiliates (2,766) (2,483)  
Funding of loans to subsidiaries (264,848) (40,600) (94,000)
Repayment of loans from subsidiaries 20,485 12,809 375,635
Net cash provided by (used in) investing activities (373,616) (66,420) 280,584
Financing activities:      
Repayment of short-term borrowings 30,000   (151,000)
Proceeds from (repayment of) long-term borrowings   50,000  
Proceeds from changes in ownership interests in subsidiaries without change of control 224,553    
(Repayment of) proceeds from convertible notes 222,826    
Payments of issuance costs on convertible notes   (127,500)  
Payments for repurchase of treasury stock (5,963) (11,845)  
Proceeds from exercise of stock options 1,035 875 769
Net cash provided by (used in) financing activities 472,451 (88,470) (150,231)
Effect of exchange rate changes (43,246) 11,110 (29,618)
Net increase (decrease) in cash and cash equivalents 32,712 (6,784) (7,860)
Cash and cash equivalents at the beginning of the year 2,313 9,097 16,957
Cash and cash equivalents at the end of the year 35,025 2,313 9,097
Supplemental disclosure of cash flow information:      
Interest paid (net of amounts capitalized) $ 7,966 $ 4,644 $ 10,154