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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 42,245 $ 79,719
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 40,031 23,553
Amortization of debt premium (1,202) 0
Deferred income tax provision 9,213 572
Convertible debt conversion charge 7,273 0
Gain on Business Interruption Insurance Recovery (22,451) 0
Supply agreement termination income 0 (26,134)
Stock-based compensation 2,800 2,175
Excess tax benefit from stock options exercised 42 (190)
Proceeds from Insurance Settlement, Operating Activities 35,808 0
Issuance of treasury stock under 401(k) plan 326 293
(Increase) decrease in assets:    
Accounts receivable (48,349) (51,659)
Inventories (14,599) (26,335)
Prepaid and other current assets (15,634) (11,305)
Other assets 4,818 2,342
Increase (decrease) in liabilities:    
Accounts payable 42,014 37,346
Other current liabilities (402) (259)
Other liabilities 4,677 18,565
Net cash provided by operating activities 86,610 48,683
Cash flows from investing activities:    
Capital expenditures (36,068) (19,006)
Acquisitions, net of cash acquired (1,671) 0
Additional equity investment in Wheels India (8,017) 0
Proceeds from Insurance Settlement, Investing Activities (2,879) 0
Other 179 453
Net cash used for investing activities (42,698) (18,553)
Cash flows from financing activities:    
Proceeds from borrowings 345,313 0
Payment on debt (155,082) (14,226)
Term loan borrowing 25,157 4,378
Convertible note conversion (14,090) 0
Proceeds from exercise of stock options 841 887
Excess tax benefit from stock options exercised (42) 190
Payment of financing fees (5,452) 0
Dividends paid (511) (423)
Net cash provided by (used for) financing activities 196,134 (9,194)
Effect of exchange rate changes on cash (4,773) (656)
Net increase (decrease) in cash and cash equivalents 235,273 20,280
Cash and cash equivalents, beginning of period 189,114 129,170
Cash and cash equivalents, end of period 424,387 149,450
Supplemental Cash Flow Information [Abstract]    
Interest paid 16,375 11,856
Income taxes paid 37,207 46,944
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Issuance of common stock for convertible debt payment $ 45,903 $ 0