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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flow from operating activities:    
Net income $ 197,436 $ 223,673
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 15,585 16,328
Deferred income tax (benefit)/provision 6,427 19,791
Loss on extinguishment of debt 0 23,827
Interest expense 1,588 1,129
Other charges, net 3,268 2,574
Net change in working capital (71,443) (150,527)
Change in long-term assets and liabilities 3,956 3,758
Net cash provided by operating activities 156,817 140,553
Cash flow from investing activities:    
Capital expenditures (14,569) (14,025)
Proceeds from the sale of assets 74 736
Net cash used in investing activities (14,495) (13,289)
Cash flow from financing activities:    
Short-term debt, net 0 (12,536)
Revolving Facility reductions 0 (45,692)
Debt issuance costs 0 (20,090)
Proceeds from the issuance of long-term debt, net of original issuance discount 0 1,492,500
Repayment of Senior Notes 0 (304,782)
Principal repayments on long-term debt (125,000) 0
Dividends paid to non-related-party 5,194 0
Net cash used in financing activities (149,696) (2,600)
Dividends paid to related-party (19,502) (1,112,000)
Net change in cash and cash equivalents (7,374) 124,664
Effect of exchange rate changes on cash and cash equivalents (217) 344
Cash and cash equivalents at beginning of period 49,880 13,365
Cash and cash equivalents at end of period 42,289 138,373
Net change in working capital due to changes in the following components:    
Accounts and notes receivable, net (31,389) (132,794)
Inventories (4,705) (28,679)
Prepaid expenses and other current assets 7,425 10,754
Income taxes payable (38,333) 6,533
Accounts payable and accruals (5,305) (8,227)
Interest payable 864 1,886
Net change in working capital $ (71,443) $ (150,527)