| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 |
|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents, Period Increase (Decrease) | |||||||
4,900 | -38,200 | 45,500 | 2,900 | 8,100 | -50,400 | 95,300 | -16,000 |
Capitalized patent defense costs | |||||||
- | - | - | - | 1,000 | 16,000 | 8,600 | 13,100 |
Purchase of intellectual property license | |||||||
- | - | - | - | 500 | 0 | 0 | - |
Purchase of investment | |||||||
- | - | - | - | - | 8,000 | 0 | 5,000 |
Net Cash Provided by (Used in) Investing Activities, Total | |||||||
-110,500 | -88,000 | 69,500 | 5,900 | -95,200 | -93,100 | -108,600 | -101,200 |
Net Cash Provided by (Used in) Financing Activities, Total | |||||||
-8,500 | -48,600 | -117,900 | -109,900 | 26,100 | -71,400 | 29,300 | -90,000 |
Operating Activities | |||||||
Adjustments to reconcile net loss to cash from operating activities: | |||||||
Depreciation and amortization | |||||||
54,400 | 52,400 | 57,300 | 73,700 | 135,700 | 151,600 | 130,900 | 114,900 |
Non-cash restructuring related charges | |||||||
- | - | - | - | - | 18,800 | 0 | 0 |
Stock-based compensation | |||||||
25,200 | 27,000 | 25,100 | 21,500 | 16,500 | 9,000 | 2,000 | 1,900 |
Impairment of intangibles | |||||||
0 | 0 | 16,200 | 0 | 144,700 | 0 | 0 | - |
Non-cash interest expense and amortization of debt issuance costs | |||||||
8,100 | 7,600 | 7,600 | 5,600 | 800 | 500 | - | - |
Loss on disposal of fixed assets | |||||||
-200 | -200 | 0 | 0 | - | - | - | - |
Impairment charges on fixed and other assets | |||||||
0 | 0 | 5,500 | 900 | 56,500 | 1,400 | - | - |
Gain (Loss) on Disposition of Business | |||||||
0 | 1,600 | 62,300 | -25,600 | 0 | 0 | - | - |
Impairment charges on fixed and other assets | |||||||
- | - | - | - | - | -200 | -3,600 | -2,300 |
Deferred income taxes | |||||||
-700 | 8,700 | -30,100 | 4,000 | -25,000 | 1,200 | -30,000 | -16,700 |
Proceeds from the sale of business | |||||||
0 | 10,000 | 123,100 | 40,600 | 0 | 0 | - | - |
Other, net | |||||||
-1,300 | 2,800 | -4,900 | 3,200 | 1,100 | 2,700 | -6,600 | 4,400 |
Changes in assets and liabilities (excluding effects of foreign exchange): | |||||||
Receivables, net | |||||||
17,800 | 300 | -2,400 | -35,900 | -45,200 | 24,300 | 6,500 | 20,200 |
Inventories, net | |||||||
300 | 15,700 | 34,000 | -21,900 | -11,700 | 18,200 | 14,100 | 15,500 |
Prepaid and other current assets | |||||||
-2,700 | 1,300 | 8,400 | 1,200 | -1,600 | -1,700 | 3,200 | -8,300 |
Accounts payable | |||||||
12,100 | -6,300 | 4,900 | -26,600 | -42,700 | 38,000 | -16,100 | 21,800 |
Accrued compensation and employee benefits | |||||||
-8,100 | 7,900 | -900 | -700 | 300 | -3,400 | 3,000 | -1,200 |
Other accrued expenses | |||||||
-600 | -8,800 | 7,300 | -9,600 | -14,900 | 23,800 | 500 | 6,400 |
Accrued taxes | |||||||
2,700 | -5,100 | 900 | 5,300 | -12,900 | 11,600 | 2,100 | 900 |
Other non-current assets and non-current liabilities | |||||||
4,400 | 31,100 | -28,200 | 3,300 | 4,200 | 6,500 | 10,300 | 2,500 |
Net cash provided by operating activities | |||||||
123,900 | 98,500 | 92,900 | 107,500 | 78,400 | 115,500 | 174,300 | 175,100 |
Investing Activities | |||||||
Purchase price adjustments related to the acquisition of Sound Solutions | |||||||
- | - | - | - | - | - | - | 45,000 |
Proceeds from the sale of property, plant, and equipment | |||||||
0 | 100 | 500 | 2,000 | 500 | 300 | 5,200 | 4,000 |
Proceeds from the sale of investments | |||||||
- | - | - | 2,000 | 4,000 | 14,500 | 0 | 0 |
Additions to property, plant, and equipment | |||||||
41,200 | 80,100 | 51,600 | 38,700 | 63,100 | 83,900 | 105,200 | 132,100 |
Acquisitions of business (net of cash acquired) | |||||||
69,300 | 18,000 | 2,500 | 0 | 35,100 | 0 | 0 | - |
Proceeds from the sale of business | |||||||
0 | 10,000 | 123,100 | - | - | - | - | - |
Financing Activities | |||||||
Payments under revolving credit facility | |||||||
19,000 | 47,700 | 185,000 | 132,000 | 85,000 | 0 | 0 | - |
Borrowings under revolving credit facility | |||||||
10,000 | 6,000 | 190,700 | 32,000 | 130,000 | 0 | 0 | - |
Proceeds from term loan debt | |||||||
- | - | - | - | - | 400,000 | 0 | 0 |
Tax on restricted and performance stock unit vesting | |||||||
6,400 | 4,700 | 5,100 | 1,500 | 2,200 | 0 | 0 | - |
Payments of finance lease obligations | |||||||
1,700 | 1,700 | 1,600 | 2,300 | 1,400 | 0 | 0 | - |
Principal payments on term loan debt | |||||||
0 | 0 | 118,500 | 166,500 | 15,000 | 0 | 0 | - |
Proceeds from issuance of convertible senior notes | |||||||
- | - | - | 172,500 | 0 | 0 | - | - |
Proceeds from issuance of warrants | |||||||
- | - | - | 39,100 | 0 | 0 | - | - |
Purchase of convertible note hedges | |||||||
- | - | - | 44,500 | 0 | 0 | - | - |
Debt issuance costs | |||||||
0 | 0 | 1,700 | 6,700 | 300 | 3,300 | 0 | 0 |
Payment of consideration owed for acquisitions | |||||||
1,200 | 1,000 | 0 | 0 | - | - | - | - |
Proceeds from Stock Options Exercised | |||||||
9,800 | 500 | 3,300 | 0 | 0 | 100 | 0 | 0 |
Net transfers to Former Parent Company | |||||||
- | - | - | - | - | 468,200 | -603,400 | -796,800 |
Change in Former Parent Company borrowings, net | |||||||
- | - | - | - | - | - | 574,100 | 886,800 |
Effect of exchange rate changes on cash and cash equivalents | |||||||
0 | -100 | 1,000 | -600 | -1,200 | -1,400 | 300 | 100 |
Net loss | |||||||
49,100 | 67,700 | 68,300 | -42,300 | -233,800 | -87,000 | 105,800 | 79,100 |
Supplemental information - cash paid for: | |||||||
Income taxes | |||||||
12,100 | 18,000 | 13,100 | 4,200 | 19,300 | 20,900 | 20,700 | 15,200 |
Interest | |||||||
7,500 | 9,000 | 11,300 | 12,200 | 11,200 | 6,700 | 46,000 | 59,700 |