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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net loss $ (321,670) $ (40,453)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 22,528 33,402
Goodwill Impairment 292,583 0
Amortization of debt issuance cost 1,013 146
Gain on investments, net (2,621) (3,154)
Net loss on disposal of property, plant and equipment 150  
Stock-based compensation expense 3,957 3,812
Deferred income taxes (19,738) (24,019)
Other, net 545 (1)
Inventory write down 3,992 0
Inventory reserves 1,837 16,051
Changes in operating assets and liabilities:    
Accounts receivable, net 26,002 17,658
Other receivables 5,605 1,980
Income taxes receivable, net (1,296)  
Inventory 30,426 (2,764)
Prepaid expenses, other current assets and other assets (15,882) 1,118
Accounts payable 553 (40,367)
Accrued expenses and other liabilities 7,459 6,349
Income taxes payable, net 1,155 10,316
Net cash provided by (used in) operating activities 36,598 (19,926)
Cash flows from investing activities:    
Purchases of property, plant and equipment (13,374) (8,439)
Proceeds from sales and maturities of available-for-sale investments 873 930
Purchases of available-for-sale investments (44) (516)
Payment for beneficial interests in securitized accounts receivable   1,231
Net cash used in investing activities (12,545) (6,794)
Cash flows from financing activities:    
Tax withholdings related to stock-based compensation settlements (176) (6,258)
Proceeds from stock option exercises 219 58
Dividend payments   (7,076)
Proceeds from receivables purchase agreement 30,231  
Repayments on receivables purchase agreement (32,437)  
Proceeds from draw on revolving credit agreements   138,236
Repayment of revolving credit agreements   (43,464)
Payment for redemption of redeemable non-controlling interest (5) (1,176)
Payment of debt issuance cost (1,994)  
Repayment of notes payable   (24,692)
Net cash (used in) provided by financing activities (4,162) 55,628
Net increase in cash and cash equivalents 19,891 28,908
Effect of exchange rate changes (301) (1,095)
Cash and cash equivalents, beginning of period 87,167 108,644
Cash and cash equivalents, end of period 106,757 136,457
Supplemental disclosure of cash financing activities:    
Cash paid for interest 5,243 1,610
Cash paid for income taxes 2,315 1,251
Cash used in operating activities related to operating leases 2,384 4,057
Supplemental disclosure of non-cash investing activities:    
Right-of-use assets obtained in exchange for lease obligations 842 486
Purchases of property, plant and equipment included in accounts payable $ 1,689 $ 4,354