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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 19,730 $ 43,002
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19,095 19,607
Foreign currency losses 3,177 458
Stock-based compensation 3,455 5,041
Loss on disposal of assets 2,286 0
Deferred taxes 963 1,668
Non-cash lease expense 10,869 11,375
Changes in operating assets and liabilities:    
Accounts receivable 5,081 (4,145)
Inventories, net 10,764 (7,271)
Prepaid expenses and other 965 (15,540)
Other assets (24,905) (180)
Accounts payable 1,491 5,157
Accrued expenses 12,889 (68,842)
Other liabilities 3,167 1,484
Net cash provided by (used in) operating activities 69,027 (8,186)
Cash flows from investing activities:    
Purchases of property and equipment (19,387) (13,765)
Proceeds on investment sales 4,234 7,444
Purchases of investments (4,031) (4,321)
Acquisitions and investments in equity investees 0 (7,500)
Net cash used in investing activities (19,184) (18,142)
Cash flows from financing activities:    
Exercise of employee stock options and taxes paid related to the net shares settlement of stock awards (1,407) (2,156)
Payments on long-term debt (5,000) (134,455)
Payment of cash dividends (20,686) (20,531)
Proceeds from debt 65,000 105,000
Repurchases of shares of common stock (60,886) (825)
Net cash used in financing activities (22,979) (52,967)
Effect of exchange rate changes on cash (9,916) 2,672
Net increase (decrease) in cash and cash equivalents 16,948 (76,623)
Cash and cash equivalents, beginning of period 335,630 386,911
Cash and cash equivalents, end of period $ 352,578 $ 310,288