v3.20.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Payments to Noncontrolling Interests $ 0 $ (13,970)
Cash flows from operating activities:    
Net income 213 74,177
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 32,994 28,998
Provision for Other Losses 19,229 (2,317)
Loss on disposal of property, plant, and equipment 2,138 958
Deferred income taxes 3,802 191
Stock-based compensation 3,675 4,215
Changes in operating assets and liabilities:    
Accounts receivable 150,687 110,954
Inventories 23,510 862
Prepaid expenses and other current assets (11,922) 6,952
Other assets (5,873) (3,394)
Accounts payable (100,402) (81,242)
Accrued liabilities (77,861) (54,723)
Income taxes payable (9,429) (13,761)
Increase (Decrease) In Operating Lease Assets And Liabilities (16,807) (14,721)
Other liabilities (1,200) 1,495
Net cash provided by operating activities 12,754 58,644
Cash flows from investing activities:    
Purchases of short-term investments (35,044) (136,257)
Proceeds from Sale, Maturity and Collection of Short-term Investments 1,631 128,000
Capital expenditures (9,452) (25,199)
Net cash used in investing activities (42,865) (33,456)
Cash flows from financing activities:    
Proceeds from credit facilities 175,719 21,942
Repayments on credit facilities (1,054) (21,942)
Proceeds from issuance of common stock under employee stock plans 1,096 8,579
Tax payments related to restricted stock unit issuances (4,207) (5,432)
Payments for Repurchase of Common Stock (132,889) (18,845)
Payments to Noncontrolling Interests 0 13,970
Cash dividends paid (17,195) (16,418)
Net cash used in financing activities 21,470 (46,086)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (6,260) (450)
Net increase (decrease) in cash and cash equivalents (14,901) (21,348)
Cash, cash equivalents and restricted cash, beginning of period 686,009 451,795
Cash, cash equivalents and restricted cash, end of period 671,108 430,447
Supplemental disclosures of cash flow information:    
Cash paid during the period for income taxes 19,953 31,646
Supplemental disclosures of non-cash investing activities:    
Capital expenditures incurred but not yet paid $ 2,503 $ 8,177

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