Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Cash Flows

v3.20.4
Consolidated Statement of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 108,013,000 $ 330,489,000 $ 274,948,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, Amortization And Non-Cash Lease Expense 146,601,000 121,725,000 58,230,000
Accounts Receivable, Credit Loss Expense (Reversal) 19,156,000 (108,000) 3,908,000
Loss on disposal or impairment of property, plant, and equipment 31,342,000 5,442,000 4,208,000
Deferred income taxes (11,263,000) (1,808,000) 1,462,000
Share-based Payment Arrangement, Noncash Expense   17,832,000 14,291,000
Changes in operating assets and liabilities:      
Increase (Decrease) in Accounts Receivable 22,885,000 (37,429,000) (29,509,000)
Increase (Decrease) in Inventories 64,884,000 (84,058,000) (94,716,000)
Increase (Decrease) in Prepaid Expense and Other Assets 33,712,000 (15,068,000) (9,771,000)
Increase (Decrease) in Other Operating Assets (21,224,000) (3,547,000) (12,421,000)
Increase (Decrease) in Accounts Payable (49,275,000) (10,419,000) 19,384,000
Increase (Decrease) in Accrued Liabilities (52,115,000) 18,863,000 66,900,000
Increase (Decrease) in Income Taxes Payable 9,082,000 (9,402,000) (3,958,000)
Increase (Decrease) In Operating Lease, Right-Of-Use Assets And Liabilities (52,112,000) (54,197,000) 0
Other liabilities 8,613,000 7,137,000 (3,387,000)
Net cash provided by operating activities 276,077,000 285,452,000 289,569,000
Cash flows from investing activities:      
Payments to Acquire Short-term Investments (35,044,000) (136,257,000) (518,755,000)
Proceeds from Sale, Maturity and Collection of Short-term Investments 36,631,000 400,501,000 352,127,000
Payments to Acquire Property, Plant, and Equipment (28,758,000) (123,516,000) (65,622,000)
Proceeds from Sale of Property, Plant, and Equipment 0 0 19,000
Net cash used in investing activities (27,171,000) 140,728,000 (232,231,000)
Cash flows from financing activities:      
Proceeds from Lines of Credit 402,422,000 78,186,000 70,576,000
Repayments of Lines of Credit (403,146,000) (78,186,000) (70,576,000)
Debt Issuance Costs, Line of Credit Arrangements, Gross (3,278,000) 0 0
Proceeds, Issuance of Shares, Share-based Payment Arrangement, Including Option Exercised 6,919,000 19,793,000 18,484,000
Payment, Tax Withholding, Share-based Payment Arrangement (4,533,000) (5,806,000) (4,285,000)
Payments for Repurchase of Common Stock (132,889,000) (121,702,000) (201,600,000)
Payments to Noncontrolling Interests 0 17,880,000 0
Payments of Ordinary Dividends, Common Stock   (65,127,000) (62,664,000)
Payments of Ordinary Dividends, Noncontrolling Interest   0 (19,949,000)
Net cash used in financing activities (151,700,000) (190,722,000) (270,014,000)
Effect of Exchange Rate on Cash and Cash Equivalents 7,510,000 (1,244,000) (8,695,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 104,716,000 234,214,000 (221,371,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance 686,009,000 451,795,000 673,166,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 790,725,000 686,009,000 451,795,000
Supplemental disclosures of cash flow information:      
Income Taxes Paid 14,687,000 99,062,000 77,408,000
Supplemental disclosures of non-cash investing activities:      
Capital expenditures incurred but not yet paid $ 3,831,000 $ 9,543,000 $ 11,831,000