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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 97,206 $ 142,669
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 52,101 38,933
Foreign currency (gains)/losses 24,953 47,570
Stock-based compensation 4,444 16,320
Deferred taxes 12,110 8,795
Changes in operating assets and liabilities:    
Accounts receivable (2,067) 27,094
Inventories, net 65,692 (37,107)
Prepaid expenses and other (3,586) (41,879)
Other assets (18,387) (17,721)
Accounts payable 2,252 (53,273)
Accrued expenses 15,455 (284,965)
Other liabilities (8,209) 2,307
Net cash provided by operating activities 241,964 (151,257)
Cash flows from investing activities:    
Purchases of property and equipment (44,171) (80,580)
Proceeds of investment sales 11,526 27,328
Purchases of investments (11,526) (17,522)
Net cash used in investing activities (44,171) (70,774)
Cash flows from financing activities:    
Exercise of employee stock options (1,107) (3,146)
Payment of debt (31,954) (102,167)
Payment of cash dividends (61,382) (60,964)
Income tax benefit of options exercised 4,731 9,637
Proceeds from debt 36,217 115,220
Repurchases of shares of common stock (104,058) (25,002)
Net cash used in financing activities (157,553) (66,422)
Effect of exchange rate changes on cash (22,847) (41,756)
Net increase in cash and cash equivalents 17,393 (330,209)
Cash and cash equivalents, beginning of period 288,415 525,153
Cash and cash equivalents, end of period $ 305,808 $ 194,944