v3.19.3.a.u2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) including noncontrolling interest $ 380,064 $ 292,316 $ (79,079)
Net loss from discontinuing operations (9,667) (11,312) (12,800)
Net income (loss) from continuing operations 389,731 303,628 (66,279)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:      
Depreciation expense 36,298 36,246 33,779
Amortization expense of assets and liabilities, net 22,457 996 1,589
Accretion of asset retirement obligations 51 47 62
Accretion of convertible note discount 539 5,014 5,413
Accretion of marketable securities (146) (215) 0
Impairment of property, plant and equipment, net 12,208 879 49,873
Provision (benefit) for doubtful accounts 447 (273) 139
Stock compensation expense 6,707 6,412 6,909
Deferred tax expense (benefits) (591) 4,850 (30,088)
Change in fair value of contingent consideration 566 1,117 2,151
Gain on involuntary conversion 0 (4,457) (5,329)
Gain on sales of assets 0 (974) 0
Change in fair value of convertible debt conversion liability 0 0 18,833
Gain on debt extinguishment (488) (6,297) 0
Other 11 593 246
Changes in asset and liabilities, net of effects from mergers and acquisitions:      
Accounts receivable (786,178) 19,662 74,974
Inventories 7,151 (34,066) 12,029
Prepaid expenses and other assets 11,089 41,250 2,491
Accounts payable 263,208 14,221 (20,220)
Accrued expenses and other liabilities 16,505 (7,259) (18,802)
Operating lease obligations (20,913) 0 0
Deferred revenue 8,321 (1,918) (25,028)
Net cash flows (used in) provided from operating activities - continuing operations (33,027) 379,456 42,742
Net cash flows used in operating activities - discontinued operations (13,681) (13,922) (12,946)
Cash provided from (used in) operations (46,708) 365,534 29,796
CASH FLOWS FROM INVESTING ACTIVITIES:      
Cash paid for marketable securities (3,478) (70,745) 0
Maturities of marketable securities 54,584 20,000 0
Cash paid for purchase of property, plant and equipment (42,518) (46,453) (67,557)
Insurance proceeds for asset impairments 0 4,464 8,000
Cash receipts from disposal of fixed assets 0 1,647 0
Cash paid for investments (6,018) (974) (816)
Cash paid for acquisitions and additional interests, net of cash acquired 0 (4,801) (3,482)
Net cash flows provided by (used in) investing activities - continuing operations 2,570 (96,862) (63,855)
Net cash flows provided by (used in) investing activities - discontinued operations 3,100 (335) (14)
Cash provided from (used in) investing activities 5,670 (97,197) (63,869)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net (repayments) borrowings on line of credit 70,091 (50,967) 8,025
Borrowing on other lines of credit 113,459 71,865 8,812
Repayments on other lines of credits (120,644) (69,267) (4,442)
Cash received for issuance of debt 0 14,034 23,575
Cash paid on debt (80,365) (143,516) (14,659)
Cash paid for debt issuance costs (116) (697) (1,062)
Cash received on partial termination of capped call options 0 85 0
Cash paid for treasury stock 0 (25,048) 0
Cash paid for contingent consideration (10,427) (12,223) (29,150)
Cash paid for conversion of restricted stock units and stock appreciation rights (3,550) (3,471) (1,257)
Other financing activities (500) 0 0
Net cash flows used in financing activities - continuing operations (32,052) (219,205) (10,158)
Net cash flows provided from financing activities - discontinuing operations 0 0 0
Cash used in financing activities (32,052) (219,205) (10,158)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (73,090) 49,132 (44,231)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH at Beginning of period 126,575 77,627 120,210
Effect of exchange rate changes on cash (49) (184) 1,648
CASH, CASH EQUIVALENTS AND RESTRICTED CASH at End of period 53,436 126,575 77,627
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:      
Cash paid for income taxes 740 910 252
Cash paid for interest 9,054 11,453 11,637
Leased assets obtained in exchange for new operating lease liabilities 11,581 0 0
Amounts included in period-end accounts payable for:      
Purchases of property, plant and equipment 3,641 3,459 7,688
Issuance costs 0 37 29
2036 Convertible Senior Notes settlement   0 0
Contingent consideration for acquisitions 0 482 0
Non-cash reclassification of the 2036 Convertible Notes conversion liability to additional paid in capital, net of tax impact 0 0 27,908
Issuance of treasury stock to settle 2019 Convertible Senior Notes conversion premium (18,779) 0 0
Receipt in treasury stock for settlement of capped call option 8,952 $ 0 $ 0
2036 Convertible Notes      
Amounts included in period-end accounts payable for:      
2036 Convertible Senior Notes settlement $ 9,402    

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