| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income | ||||||
92,900 | -319,900 | -295,600 | -76,700 | -304,400 | -24,200 | |
Net income from discontinued operations, net of tax | ||||||
13,300 | -242,900 | -103,800 | 113,800 | - | - | |
Net income (loss) from continuing operations | ||||||
79,600 | -77,000 | -191,800 | -190,500 | - | - | |
Reconciliation of net income (loss) from continuing operations to net cash flows provided by (used in) operating activities: | ||||||
Depreciation and amortization | ||||||
154,700 | 156,700 | 156,000 | 155,700 | 251,000 | 88,000 | |
Deferred income taxes | ||||||
-3,100 | -54,700 | -134,100 | -42,400 | -45,500 | -43,200 | |
Amortization of inventory step-up | ||||||
- | - | - | 11,700 | 76,500 | 35,500 | |
Foreign exchange loss (gain) | ||||||
54,600 | 200 | -45,800 | -34,000 | 97,300 | 2,000 | |
Non-cash fair value adjustment to contingent consideration | ||||||
- | - | - | - | - | 29,100 | |
Goodwill impairment | ||||||
- | - | - | 46,600 | 0 | 0 | |
Gain on settlement agreement related to Series B Convertible Preferred Stock | ||||||
- | - | - | 103,000 | 0 | - | |
Other, net | ||||||
-66,900 | -4,000 | -75,100 | -67,900 | -36,600 | -7,200 | |
Changes in assets and liabilities, net of acquisitions: | ||||||
Accounts receivable | ||||||
-21,800 | -900 | 21,500 | 42,400 | -66,700 | -4,900 | |
Inventories | ||||||
3,800 | 18,800 | 9,200 | -7,600 | 7,300 | -11,400 | |
Accounts payable | ||||||
-7,000 | -5,500 | -3,300 | -9,200 | 83,200 | 10,900 | |
Accrued expenses | ||||||
-57,700 | -10,600 | 2,500 | 26,500 | 51,500 | -15,700 | |
Prepaid expenses and other current assets | ||||||
2,900 | -10,500 | 13,000 | 4,300 | 20,300 | - | |
Other assets and liabilities | ||||||
23,000 | 6,100 | -59,200 | -3,800 | -35,600 | 7,700 | |
Net cash flows provided by (used in) operating activities of continuing operations | ||||||
170,900 | -800 | -34,300 | -38,000 | 320,900 | 98,200 | |
Cash flows from investing activities: | ||||||
Capital expenditures | ||||||
29,700 | 28,400 | 30,800 | 32,600 | 47,900 | 18,500 | |
Proceeds from disposal of property, plant and equipment | ||||||
4,600 | 4,200 | 16,900 | 9,400 | 25,800 | 600 | |
Proceeds from Arysta Sale (net of cash $148.7 million) | ||||||
4,281,800 | 0 | 0 | - | - | - | |
Investment in registrations of products | ||||||
- | - | - | - | 34,400 | 0 | |
Restricted cash | ||||||
- | - | - | - | -599,700 | 600,000 | |
Note receivable | ||||||
- | - | - | - | 125,000 | 0 | |
Settlement of foreign exchange contracts in connection with acquisition | ||||||
- | - | - | - | 73,100 | 0 | |
Proceeds from the sale of equity investment | ||||||
0 | 25,000 | 0 | 0 | - | - | |
Acquisition of business, net of cash acquired | ||||||
63,900 | 28,200 | 0 | 1,200 | 4,600,300 | 1,361,800 | |
Other, net | ||||||
-6,900 | -3,600 | 5,000 | 1,700 | 1,300 | 3,000 | |
Net cash flows (used in) provided by investing activities of continuing operations | ||||||
4,199,700 | -23,800 | -18,900 | -26,100 | - | - | |
Net cash flows used in investing activities | ||||||
- | - | - | - | -4,256,500 | -1,982,700 | |
Cash flows from financing activities: | ||||||
Debt proceeds, net of discount | ||||||
1,493,400 | 0 | 4,142,700 | 3,300,900 | 3,921,800 | 678,800 | |
Repayments of borrowings | ||||||
5,351,400 | 22,500 | 4,122,500 | 3,339,600 | 283,700 | 9,100 | |
Change in lines of credit, net | ||||||
24,900 | 25,000 | 0 | -13,200 | -12,400 | 0 | |
Repurchases of common stock | ||||||
507,100 | 0 | 0 | - | - | - | |
Proceeds from issuance of common stock, net | ||||||
- | - | - | 391,500 | 469,500 | 1,512,600 | |
Change in on-balance sheet factoring arrangements | ||||||
- | - | - | - | 3,900 | - | |
Payment of financing fees | ||||||
40,500 | 1,400 | 22,600 | 9,500 | 87,000 | 13,200 | |
Settlement of Series B Convertible Preferred Stock | ||||||
- | - | - | 460,000 | 0 | 0 | |
Other, net | ||||||
-8,400 | -2,500 | 700 | -600 | -3,100 | -200 | |
Net cash flows provided by (used in) financing activities of continuing operations | ||||||
-4,438,900 | -1,400 | -1,700 | -130,500 | - | - | |
Cash flows from discontinued operations: | ||||||
Net cash flows used in operating activities of discontinued operations | ||||||
-161,700 | -7,900 | 185,300 | 227,800 | - | - | |
Net cash flows used in investing activities of discontinued operations | ||||||
-5,000 | -51,200 | -28,600 | -44,700 | - | - | |
Net cash flows provided by financing activities of discontinued operations | ||||||
4,800 | 43,800 | -74,500 | 19,900 | - | - | |
Net cash flows used in discontinued operations | ||||||
-161,900 | -15,300 | 82,200 | 203,000 | - | - | |
Net cash flows provided by financing activities | ||||||
- | - | - | - | 4,001,200 | 2,168,900 | |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||
4,800 | -27,000 | 33,100 | -17,500 | -30,700 | -10,100 | |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||
-225,400 | -68,300 | 60,400 | -9,100 | 34,900 | 274,300 | |
Supplemental disclosure information of continuing operations: | ||||||
Unpaid capital expenditures included in accounts payable and accrued expenses | ||||||
- | - | - | - | - | 2,400 | |
Continuing Operations | ||||||
Cash paid for interest | ||||||
125,400 | 293,400 | 315,700 | 348,800 | 147,600 | 36,300 | |
Cash paid for income taxes | ||||||
71,200 | 78,900 | 73,900 | 62,600 | 73,300 | 27,500 | |