| Dec'19 | Dec'18 | Dec'17 | Jan'17 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net income | ||||||||
49,039 | 96,544 | 156,981 | 104,142 | -42,649 | -34,118 | -8,960 | -20,322 | -4,455 |
Adjustments to reconcile net income to net cash flow provided by operating activities: | ||||||||
Loss (income) from discontinued operations, net of tax | ||||||||
- | - | - | - | -908 | -630 | -598 | 1,480 | -303 |
Loss on disposal of subsidiaries | ||||||||
-14,260 | 0 | -212 | 6,575 | -59,984 | 0 | 0 | 0 | - |
Non-cash loss on deconsolidation | ||||||||
- | - | - | - | - | 7,577 | 1,367 | 0 | - |
Loss on extinguishment of debt | ||||||||
-14,523 | -5,414 | 0 | 0 | -28,046 | 0 | 0 | - | - |
Depreciation | ||||||||
70,736 | 59,089 | 57,528 | 57,604 | 59,160 | 60,622 | 62,100 | 63,348 | 60,784 |
Amortization | ||||||||
29,113 | 28,583 | 24,375 | 24,727 | 23,725 | 21,722 | 17,058 | 15,076 | - |
Amortization of intangible assets | ||||||||
- | - | - | - | - | - | - | - | 10,569 |
Amortization of debt issue costs | ||||||||
- | - | - | - | - | - | - | - | 832 |
Share based compensation expense | ||||||||
10,023 | 7,681 | 11,644 | 18,790 | 13,236 | 9,605 | 7,800 | 6,517 | 5,888 |
Deferred income taxes | ||||||||
3,292 | 10,563 | -34,230 | 12,918 | 9,097 | -1,970 | -23,177 | -15,617 | -21,968 |
Unrealized foreign exchange loss (gain) | ||||||||
-320 | -700 | -1,496 | -829 | 3,238 | -328 | -2,928 | -179 | -801 |
Share of income from equity investees, net of tax | ||||||||
2,626 | 2,164 | 2,008 | 2,183 | 1,473 | 1,344 | 1,020 | 718 | -104 |
Dividend from equity investee | ||||||||
- | - | - | 1,733 | 1,440 | 0 | 1,170 | 1,346 | 1,195 |
Pension and post-retirement funding, net of expense | ||||||||
827 | 7,112 | 6,806 | 6,276 | 3,727 | 6,827 | 1,855 | 3,688 | -3,621 |
Non-cash accruals and interest | ||||||||
-57 | -857 | -1,226 | -2,612 | -1,587 | 365 | -915 | -715 | -3,561 |
Loss on sale of property, plant and equipment | ||||||||
-6,396 | -3,470 | -1,893 | -2,111 | -1,371 | -3,816 | 1,775 | -2,724 | -3,654 |
Asset impairment | ||||||||
13,767 | 5,243 | 0 | 1,511 | 9,439 | 18,202 | 1,904 | 2,614 | 2,516 |
Accounts receivable | ||||||||
-6,723 | 4,543 | 15,926 | 29,514 | -27,150 | 14,047 | -9,168 | 9,642 | 8,625 |
Inventories | ||||||||
-5,735 | 1,192 | -692 | 23,022 | 2,071 | 12,843 | 8,720 | 3,090 | 8,969 |
Prepaid expenses | ||||||||
332 | 5,316 | 2,026 | 2,102 | 5,424 | -1,387 | 3,527 | -1,263 | -3,127 |
Accounts payable and accrued expenses | ||||||||
4,742 | 11,909 | -15,809 | 16,560 | -8,246 | 23,592 | -5,095 | 16,274 | -1,109 |
Other assets and liabilities | ||||||||
3,285 | 6,494 | 5,761 | -165 | 7,304 | -1,419 | 3,358 | 277 | 11,656 |
Net cash flow provided by (used in) operating activities - continuing operations | ||||||||
- | - | - | - | - | - | - | - | 32,931 |
Net cash flow provided by (used in) operating activities - discontinued operations | ||||||||
- | - | - | - | - | - | - | - | -243 |
Net cash flow provided by operating activities | ||||||||
221,656 | 203,232 | 173,481 | 174,030 | 161,011 | 77,386 | 47,453 | 55,222 | 32,688 |
Cash flows from investing activities: | ||||||||
Additions to property, plant and equipment | ||||||||
82,720 | 82,380 | 73,782 | 82,287 | 51,065 | 50,147 | 45,971 | 48,419 | 42,413 |
Cash used in acquisitions, net of cash acquired | ||||||||
2,029 | 157,363 | 13,813 | 8,551 | 117,398 | 54,256 | 15,376 | 88,354 | 145,537 |
Issuance of note receivable | ||||||||
0 | 12,000 | 0 | 0 | - | - | - | - | - |
Proceeds from sale of subsidiaries, net of cash disposed | ||||||||
1,001 | 0 | 0 | 15,103 | -11,851 | -1,087 | 0 | - | - |
Proceeds from sale of property, plant and equipment | ||||||||
3,640 | 1,353 | 1,114 | 1,268 | 1,316 | 6,976 | 9,586 | 1,474 | 2,800 |
Restricted cash | ||||||||
- | - | - | - | -539 | -644 | 1,062 | -88 | -804 |
Other investing activities | ||||||||
2,018 | 4,087 | 3,653 | 2,449 | 1,765 | 3,038 | 1,650 | 892 | 2,371 |
Net cash flow provided by (used in) investing activities - continuing operations | ||||||||
- | - | - | - | - | - | - | - | -186,717 |
Net cash flow provided by (used in) investing activities - discontinued operations | ||||||||
- | - | - | - | - | - | - | - | 0 |
Net cash flow used in investing activities | ||||||||
-82,126 | -254,477 | -90,134 | -76,916 | -180,224 | -100,908 | -54,473 | -136,103 | -186,717 |
Cash flows from financing activities: | ||||||||
Proceeds from issuance of long-term debt | ||||||||
500,000 | 300,000 | 156,746 | 390 | 475,000 | 138,688 | 0 | 103,500 | 275,000 |
Repayments of long-term debt | ||||||||
500,177 | 125,363 | 422 | 1,071 | 500,038 | 0 | 0 | - | - |
Payment for debt extinguishment costs | ||||||||
14,065 | 5,274 | 0 | 0 | 31,691 | 0 | 0 | - | - |
Payment of debt issuance costs | ||||||||
6,701 | 4,344 | 2,141 | 0 | 7,393 | 1,925 | 0 | 2,035 | 9,525 |
Proceeds from borrowings on revolving credit facilities | ||||||||
- | - | - | - | 17,000 | 0 | 0 | - | - |
Repayments of borrowings on revolving credit facilities | ||||||||
- | - | - | - | 17,000 | 0 | 0 | - | - |
Tax witholding on share based awards | ||||||||
3,852 | 3,743 | 7,466 | 4,210 | 2,114 | 3,160 | 5,944 | 0 | 0 |
Distributions to non-controlling interests | ||||||||
4,665 | 4,408 | 5,613 | 6,032 | 5,797 | 5,017 | 3,723 | 5,735 | 3,875 |
Proceeds from exercise of common stock warrants | ||||||||
- | - | - | 10,487 | 0 | 263 | 0 | 0 | - |
Repurchases of common shares | ||||||||
59,947 | 166,916 | 119,888 | 109,202 | 0 | 0 | - | - | - |
Payments of Capital Distribution | ||||||||
- | - | - | - | - | - | 1,471 | 1,500 | 124,995 |
Net cash flow provided by (used in) financing activities - continuing operations | ||||||||
- | - | - | - | - | - | - | - | 136,605 |
Net cash flow provided by (used in) financing activities - discontinued operations | ||||||||
- | - | - | - | - | - | - | - | 0 |
Net cash flow used in financing activities | ||||||||
-89,407 | -10,048 | 21,216 | -109,638 | -72,033 | 128,849 | -11,138 | 94,230 | 136,605 |
Net foreign currency translation adjustment on cash | ||||||||
1,344 | -1,130 | 91 | -5,398 | -11,604 | -14,163 | -3,283 | -240 | 5,579 |
Decrease in cash, cash equivalents and restricted cash | ||||||||
51,467 | -62,423 | 104,654 | -17,922 | -102,850 | 91,164 | -21,441 | 13,109 | -11,845 |