| Nov'19 | Nov'18 | Nov'17 | Nov'16 | Nov'15 | Nov'14 | Nov'13 | Nov'12 | Nov'11 | Nov'10 | Nov'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||||||
Net income | ||||||||||
394,980 | 285,244 | 284,556 | 291,209 | 209,891 | 104,309 | 228,136 | 140,959 | 135,112 | 149,446 | 150,712 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
123,942 | 120,205 | 117,387 | 103,878 | 102,044 | 109,474 | 115,720 | 122,608 | 117,793 | 104,896 | 84,603 |
Asset impairments | ||||||||||
- | - | - | - | - | 6,531 | 8,330 | 27,031 | 5,777 | 6,865 | 16,814 |
Gain on disposal of assets | ||||||||||
- | - | - | - | - | 197 | 2,112 | 351 | 2 | 248 | 175 |
Unrealized foreign exchange (gains) losses | ||||||||||
-11,721 | 30,804 | -24,731 | 5,853 | 371 | -5,392 | -4,573 | 3,146 | 5,932 | 17,662 | -14,657 |
Realized loss (gain) on settlement of forward foreign exchange contracts not designated for hedge accounting | ||||||||||
-12,166 | 19,974 | 5,773 | -17,175 | -14,720 | 6,184 | 2,904 | -8,508 | 9,548 | 16,342 | -50,760 |
Employee benefit plans’ amortization from accumulated other comprehensive loss and settlement loss | ||||||||||
10,248 | 4,336 | 30,125 | 14,991 | 16,983 | 45,787 | 22,686 | 1,412 | -8,627 | 3,580 | 19,730 |
Loss on extinguishment of debt, net of write-off of unamortized debt issuance costs | ||||||||||
0 | 0 | -22,793 | 0 | -3,448 | -5,103 | -689 | 3,643 | -226 | 13,647 | 0 |
Employee benefit plans curtailment loss | ||||||||||
- | - | - | - | - | - | 564 | 2,391 | -129 | -106 | -1,643 |
Noncash restructuring charges | ||||||||||
- | - | - | - | - | 3,347 | 0 | 0 | - | - | - |
Amortization of premium, discount and debt issuance costs | ||||||||||
- | - | - | - | - | 2,331 | 3,287 | 4,323 | 4,345 | 4,332 | 4,344 |
Stock-based compensation | ||||||||||
55,188 | 18,407 | 25,809 | 9,333 | 15,137 | 12,441 | 8,249 | 5,965 | 8,439 | 6,438 | 7,822 |
Other, net | ||||||||||
7,034 | 7,395 | 8,005 | 2,813 | 1,575 | 78 | 59 | 551 | 301 | 52 | -11 |
Allowance for doubtful accounts | ||||||||||
- | - | - | - | - | 662 | 1,158 | 5,024 | 4,634 | 7,536 | 7,246 |
(Benefit from) provision for deferred income taxes | ||||||||||
-14,963 | 134,258 | -486 | 66,078 | 58,386 | -28,177 | 37,520 | 19,853 | 16,153 | 31,113 | -5,128 |
Change in operating assets and liabilities, net of effect of acquisition: | ||||||||||
Trade receivables | ||||||||||
82,344 | 60,474 | -3,981 | -6,150 | -4,060 | 51,367 | -65,955 | -145,717 | 116,003 | 30,259 | -27,568 |
Inventories | ||||||||||
22,434 | 147,389 | 14,409 | 121,379 | -28,566 | 6,184 | 63,920 | -87,547 | 6,848 | 148,533 | -113,014 |
Other current assets | ||||||||||
22,102 | 30,870 | -1,828 | 22,944 | 3,061 | -5,377 | -32,808 | -34,384 | 39,231 | 20,131 | -5,626 |
Other non-current assets | ||||||||||
21,662 | 3,189 | 6,862 | 9,103 | 21,375 | -1,509 | -9,871 | -1,019 | -4,780 | 7,160 | 11,757 |
Accounts payable, accrued liabilities, and operating leases, net of right-of-use assets | ||||||||||
18,054 | 161,039 | 35,714 | 43,040 | -80,224 | -28,871 | 3,107 | 46,578 | -55,300 | 39,886 | -58,185 |
Restructuring liabilities | ||||||||||
-256 | -420 | -4,274 | -17,290 | -36,711 | 66,574 | 0 | 0 | - | - | - |
Income tax liabilities | ||||||||||
9,352 | -8,590 | 2,478 | 7,653 | -9,680 | 19,224 | -23,832 | -27,811 | -15,242 | 6,330 | -3,377 |
Accrued salaries, wages and employee benefits and long-term employee related benefits | ||||||||||
-55,363 | -44,887 | -9,408 | -49,880 | -44,714 | -42,878 | -51,974 | -74,140 | -55,846 | -12,128 | 6,789 |
Other long-term liabilities | ||||||||||
12,959 | -3,864 | -1,800 | 5,029 | -10,902 | -3,740 | 8,618 | 7,995 | -2,358 | 19,120 | -4,452 |
Net cash provided by operating activities | ||||||||||
412,188 | 420,371 | 525,941 | 306,550 | 218,332 | 232,909 | 411,268 | 530,976 | 1,848 | 146,274 | 388,783 |
Cash Flows from Investing Activities: | ||||||||||
Purchases of property, plant and equipment | ||||||||||
175,356 | 159,413 | 118,618 | 102,950 | 104,579 | 73,396 | 91,771 | 83,855 | 130,580 | 154,632 | 82,938 |
Proceeds from sale of assets | ||||||||||
- | - | - | 17,427 | 9,026 | 8,049 | 2,277 | 640 | 171 | 1,549 | 939 |
(Payments) proceeds on settlement of forward foreign exchange contracts not designated for hedge accounting | ||||||||||
-12,166 | 19,974 | 5,773 | -17,175 | -14,720 | 6,184 | 2,904 | -8,508 | 9,548 | 16,342 | 50,760 |
Payments to acquire short-term investments | ||||||||||
114,247 | 0 | 0 | - | - | - | - | - | 1,000 | 114 | 0 |
Proceeds from sale, maturity and collection of short-term investments | ||||||||||
34,094 | 0 | 0 | - | - | - | - | - | - | - | - |
Acquisitions, net of cash acquired | ||||||||||
- | - | - | - | - | 318 | 400 | 491 | 0 | 12,242 | 100,270 |
Net cash used for investing activities | ||||||||||
-243,343 | -179,387 | -124,391 | -68,348 | -80,833 | -71,849 | -92,798 | -75,198 | -140,957 | -181,781 | -233,029 |
Cash Flows from Financing Activities: | ||||||||||
Proceeds from short-term credit facilities | ||||||||||
39,175 | 31,929 | 35,333 | 29,154 | 23,936 | 24,372 | 46,187 | 121,200 | 78,137 | - | - |
Repayments of short-term credit facilities | ||||||||||
53,025 | 28,230 | 29,764 | 18,219 | 21,114 | 24,000 | 53,726 | 124,517 | 67,402 | - | - |
Other short-term borrowings, net | ||||||||||
-9,418 | -4,977 | -6,231 | 13,475 | -12,919 | -10,080 | -3,711 | 2,623 | 8,692 | 27,311 | -2,704 |
Proceeds from issuance of long-term debt | ||||||||||
0 | 0 | 502,835 | 0 | 500,000 | 0 | 140,000 | 385,000 | 0 | 909,390 | 0 |
Repayments of long-term debt and capital leases | ||||||||||
0 | 0 | 525,000 | 36,092 | 525,001 | 395,853 | 327,281 | 407,963 | 1,848 | 866,051 | 72,870 |
Proceeds from senior revolving credit facility | ||||||||||
- | - | - | 180,000 | 345,000 | 265,000 | 0 | 50,000 | 305,000 | 0 | 0 |
Repayments of senior revolving credit facility | ||||||||||
- | - | - | 279,000 | 346,000 | 165,000 | 0 | 250,000 | 213,250 | 0 | 0 |
Payment of debt extinguishment costs | ||||||||||
0 | 0 | 21,902 | 0 | 0 | - | - | - | - | - | - |
Debt issuance costs | ||||||||||
0 | 0 | 10,366 | 0 | 4,605 | 2,684 | 2,557 | 7,376 | 7,307 | 17,546 | 0 |
Proceeds from issuance of Class A common stock | ||||||||||
254,329 | 0 | 0 | - | - | - | - | - | - | - | - |
Payments for underwriter commission and other offering costs | ||||||||||
19,746 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from employee stock purchase plan | ||||||||||
2,062 | 0 | 0 | - | - | - | - | - | - | - | - |
Change in restricted cash, net | ||||||||||
- | - | - | - | - | 1,060 | -139 | 565 | -3,803 | -700 | -602 |
Repurchase of common stock | ||||||||||
43,982 | 56,039 | 25,102 | 2,563 | 4,175 | 5,314 | 5,744 | 603 | 489 | 78 | 0 |
Excess tax benefits from stock-based compensation | ||||||||||
- | - | - | - | - | 826 | 1,538 | 168 | 0 | 0 | - |
Dividends to noncontrolling interest shareholders | ||||||||||
- | - | - | - | - | - | - | - | - | - | 978 |
Payments of Dividends | ||||||||||
113,914 | 90,000 | 70,000 | 60,000 | 50,000 | 30,003 | 25,076 | 20,036 | 20,023 | 20,013 | 20,001 |
Other financing, net | ||||||||||
-463 | -1,316 | -1,632 | -304 | -17 | - | - | - | - | - | - |
Net cash used for financing activities | ||||||||||
55,018 | -148,633 | -151,829 | -173,549 | -94,895 | -341,676 | -230,509 | -250,939 | 77,707 | 32,313 | -97,155 |
Effect of exchange rate changes on cash and cash equivalents and restricted cash | ||||||||||
-2,808 | -13,344 | 8,417 | -7,661 | -22,288 | -10,387 | -4,837 | -3,247 | -3,782 | 2,116 | 1,393 |
Net decrease in cash and cash equivalents and restricted cash | ||||||||||
221,055 | 79,007 | 258,138 | 56,992 | 20,316 | -191,003 | 83,124 | 201,592 | -65,184 | -1,078 | 59,992 |
Noncash Investing and Financing Activity: | ||||||||||
Property, plant and equipment acquired and not yet paid at end of period | ||||||||||
30,512 | 23,099 | 22,664 | 19,903 | 23,958 | 19,728 | 13,816 | - | - | - | - |
Property, plant and equipment additions due to build-to-suit lease transactions | ||||||||||
10,861 | 2,750 | 19,888 | 0 | 0 | - | - | - | - | - | - |
Supplemental disclosure of cash flow information: | ||||||||||
Cash paid for interest during the period | ||||||||||
54,000 | 51,200 | 52,097 | 67,052 | 77,907 | 110,029 | 121,827 | 128,718 | 129,079 | 147,237 | 135,576 |
Cash paid for income taxes during the period, net of refunds | ||||||||||
96,540 | 96,277 | 54,602 | 57,148 | 61,456 | 60,525 | 47,350 | 49,346 | 56,229 | 52,912 | 56,922 |