v3.20.2
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Payments to Noncontrolling Interests $ 0 $ (17,880)
Cash flows from operating activities:    
Net income 12,257 216,464
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 102,283 88,775
Accounts Receivable, Credit Loss Expense (Reversal) 24,684 (242)
Loss on disposal of property, plant, and equipment 8,981 4,866
Deferred income taxes 4,306 (3,157)
Stock-based compensation 12,802 13,159
Changes in operating assets and liabilities:    
Accounts receivable (17,130) (199,174)
Inventories (160,090) (198,999)
Prepaid expenses and other current assets 9,098 (12,596)
Other assets (20,786) (3,981)
Accounts payable (89,790) (65,191)
Accrued liabilities (41,182) 6,497
Income taxes payable (10,011) (11,286)
Increase (Decrease) In Operating Lease Assets And Liabilities (41,459) (39,010)
Other liabilities 8,077 5,716
Net cash provided by operating activities (197,960) (198,159)
Cash flows from investing activities:    
Purchases of short-term investments (35,044) (181,257)
Proceeds from Sale, Maturity and Collection of Short-term Investments 36,630 445,501
Capital expenditures (25,164) (104,527)
Net cash used in investing activities (23,578) 159,717
Cash flows from financing activities:    
Proceeds from credit facilities 387,992 74,053
Repayments on credit facilities (388,465) (74,053)
Proceeds from issuance of common stock under employee stock plans 4,793 17,687
Tax payments related to restricted stock unit issuances (4,454) (5,739)
Payments for Repurchase of Common Stock (132,889) (116,239)
Payments to Noncontrolling Interests 0 17,880
Cash dividends paid (17,195) (48,917)
Net cash used in financing activities (152,314) (171,088)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1,272 (2,954)
Net increase (decrease) in cash and cash equivalents (372,580) (212,484)
Cash, cash equivalents and restricted cash, beginning of period 686,009 451,795
Cash, cash equivalents and restricted cash, end of period 313,429 239,311
Supplemental disclosures of cash flow information:    
Cash paid during the period for income taxes 18,385 73,413
Supplemental disclosures of non-cash investing activities:    
Capital expenditures incurred but not yet paid 4,774 11,638
Payments of Debt Issuance Costs $ 2,096 $ 0

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