XML 95 R8.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income (loss) $ (51,519) $ 13,045 $ (64,079)
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 54,376 57,618 58,444
Asset impairment 0 0 9,917
Deferred income tax provision (2,300) (2,291) 785
Investment gain related to investments for deferred compensation 4,695 0 0
Loss on senior note repurchase 0 0 18,646
Stock-based compensation 1,381 1,130 1,539
Issuance of treasury stock under 401(k) plan 1,076 561 540
Foreign currency translation loss (4,657) 3,149 5,258
(Increase) decrease in assets:      
Accounts receivable 56,832 (36,092) (38,478)
Inventories 63,654 (77,919) (55,562)
Prepaid and other current assets 1,912 (5,377) 9,277
Other long-term assets (1,842) (13,054) 15,134
Increase (decrease) in liabilities:      
Accounts payable (53,183) 29,364 37,584
Other current liabilities (10,155) (2,866) 9,522
Other liabilities (5,438) (3,444) (9,816)
Net cash provided by (used for) operating activities 45,442 (36,176) (1,289)
Cash flows from investing activities:      
Capital expenditures (36,414) (39,000) (32,626)
Proceeds from Sale of Equity Method Investments 19,021 0 0
Payments to Acquire Restricted Certificates of Deposit 0 0 50,000
Payment related to redeemable noncontrolling interest agreement (71,722) 0 0
Other (3,476) 2,069 993
Net cash provided by (used for) investing activities (92,591) (36,931) 18,367
Cash flows from financing activities:      
Proceeds from borrowings 134,227 57,294 447,639
Repurchase of senior secured notes 0 0 415,395
Payment on debt (100,901) (38,557) (55,160)
Dividends paid (1,204) (1,201) (1,167)
Net cash used for financing activities 32,122 17,536 (24,083)
Effect of exchange rate changes on cash 141 (6,314) 2,748
Net decrease in cash and cash equivalents (14,886) (61,885) (4,257)
Cash and cash equivalents, beginning of year 81,685 143,570 147,827
Cash and cash equivalents, end of year 66,799 81,685 143,570
Supplemental Cash Flow Information [Abstract]      
Interest Paid, Excluding Capitalized Interest, Operating Activities 32,498 30,800 38,164
Income taxes paid, net of refunds received 10,416 12,435 4,594
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]      
Transfer from Investments 0 14,268 0
Issuance of common stock for convertible debt payment $ 0 $ 0 $ 58,460