| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||||||||||||||||
Net income (loss) | ||||||||||||||||||||||||
-36,300 | 5,700 | 22,500 | 28,000 | 35,800 | -800 | 74,700 | 98,300 | 120,300 | 117,600 | 33,200 | 60,200 | 117,300 | 78,495 | 67,254 | 95,804 | 76,747 | 43,085 | 52,055 | 756 | 37,704 | -29,687 | -10,110 | -44,621 | 17,086 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||||||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||||||
36,400 | 34,300 | 33,000 | 34,800 | 33,900 | 34,200 | 31,700 | 32,400 | 31,900 | 30,500 | 29,100 | 26,300 | 24,700 | 24,656 | 23,771 | 24,853 | 23,120 | 29,513 | 23,006 | 21,727 | 22,554 | 24,908 | 27,857 | 27,213 | 23,728 |
Amortization of deferred financing fees, issuance discount, and excluded component of hedging instruments | ||||||||||||||||||||||||
400 | -100 | -200 | -100 | -100 | -200 | -100 | -200 | 1,100 | 1,100 | 1,300 | 1,300 | 1,400 | 1,331 | 1,335 | 1,526 | 1,608 | 1,625 | 1,597 | 2,032 | 2,446 | 2,442 | 2,428 | 2,551 | 2,516 |
Deferred income tax | ||||||||||||||||||||||||
-11,500 | -32,900 | -4,800 | 400 | -100 | 3,200 | 1,700 | -2,100 | 2,500 | 17,400 | -11,500 | -2,400 | 11,300 | 6,205 | -789 | 4,266 | 6,418 | 13,715 | -3,198 | -14,392 | 3,775 | 117 | -2,737 | 1,995 | 5,458 |
Share-based compensation expense | ||||||||||||||||||||||||
3,200 | 2,700 | 3,100 | 3,600 | 4,100 | 3,500 | 3,400 | 3,400 | 5,500 | 3,000 | 3,100 | 3,000 | 4,700 | 2,258 | 6,026 | 3,223 | 5,593 | -434 | 3,215 | 3,597 | 2,622 | 2,722 | 2,659 | 2,431 | 2,689 |
Earnings of unconsolidated affiliates, net of dividends | ||||||||||||||||||||||||
9,800 | -11,700 | 700 | 300 | 19,700 | -1,700 | 17,000 | -4,200 | 15,500 | -9,400 | 8,800 | -7,600 | 2,900 | 4,428 | -3,315 | 8,603 | 3,684 | -8,340 | -9,012 | 10,845 | 21,707 | 3,154 | 1,767 | -2,121 | 9,950 |
Unrealized net gain on foreign exchange forward contracts | ||||||||||||||||||||||||
11,500 | -7,600 | 10,100 | -12,100 | 6,600 | -4,500 | -2,300 | 7,800 | -100 | -5,400 | 7,800 | -4,800 | -200 | 333 | 432 | -4,412 | 447 | 4,565 | -3,312 | 10,562 | -2,815 | - | - | - | - |
Gain on sale of businesses and other assets | ||||||||||||||||||||||||
400 | 500 | 0 | 0 | 200 | 500 | 0 | 0 | 500 | 0 | 200 | 400 | 9,900 | - | - | - | - | - | - | - | - | - | - | - | - |
Impairment charges | ||||||||||||||||||||||||
38,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Pension curtailment and settlement (gain) loss | ||||||||||||||||||||||||
- | 400 | -500 | 0 | -700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Changes in assets and liabilities | ||||||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||||||
12,700 | -31,900 | -10,600 | -28,900 | 4,800 | -99,000 | -5,200 | 50,300 | 32,700 | -41,000 | -44,900 | 4,400 | 133,300 | 66,171 | -22,725 | 19,222 | 33,732 | -53,374 | -52,157 | -1,660 | 42,091 | -110,498 | -17,859 | -19,330 | 79,204 |
Inventories | ||||||||||||||||||||||||
-26,800 | -19,100 | -900 | 7,000 | -57,700 | -70,100 | 55,100 | -39,300 | 70,300 | 22,900 | -9,500 | -24,800 | 91,600 | 23,395 | 10,920 | 9,523 | 7,162 | -34,083 | -17,225 | 7,830 | -53,722 | -23,965 | 2,865 | 18,643 | -20,148 |
Accounts payable and other current liabilities | ||||||||||||||||||||||||
-28,900 | -17,800 | -29,000 | -4,300 | 49,400 | -90,200 | 14,600 | 28,800 | 3,000 | 10,300 | 8,800 | -59,700 | 49,900 | 33,962 | 24,236 | -5,442 | 4,344 | -24,039 | -35,727 | -190 | -11,944 | -7,232 | -32,494 | 15,507 | 18,522 |
Income taxes payable | ||||||||||||||||||||||||
-3,300 | -1,300 | 1,600 | -9,200 | -2,000 | -3,400 | 3,900 | -21,000 | 800 | 3,600 | -2,800 | 3,500 | 5,600 | -173 | 4,978 | -7,491 | 6,486 | -14,780 | 8,959 | 10,747 | 7,074 | -505 | 542 | 942 | -720 |
Other assets, net | ||||||||||||||||||||||||
6,900 | 800 | 400 | 1,800 | -2,800 | -12,800 | 13,500 | 2,400 | 1,300 | -9,900 | 8,200 | 1,700 | 4,500 | -23,826 | 11,366 | 3,608 | 3,452 | -10,319 | 6,704 | 4,307 | -3,892 | -3,727 | 5,101 | -1,496 | 2,649 |
Other liabilities, net | ||||||||||||||||||||||||
10,400 | -7,100 | 13,900 | -4,300 | 2,300 | -8,000 | 4,300 | 18,400 | -4,100 | -8,200 | -2,000 | -600 | 1,400 | 170 | 372 | 1,712 | 9,046 | -2,694 | 6,050 | 12,892 | -17,948 | -2,848 | -19,213 | -1,159 | 1,193 |
Cash provided by operating activities | ||||||||||||||||||||||||
-5,800 | 47,600 | 40,900 | 80,800 | 153,200 | 128,000 | 56,100 | 141,600 | 40,800 | 196,500 | 158,200 | 62,300 | -25,700 | 79,002 | 144,991 | 94,822 | 84,885 | 216,195 | 130,959 | 31,832 | 42,914 | 115,560 | -6,203 | 9,047 | -1,183 |
Cash flows from investing activities | ||||||||||||||||||||||||
Capital expenditures | ||||||||||||||||||||||||
24,300 | 38,900 | 23,600 | 22,600 | 25,000 | 30,500 | 31,400 | 28,900 | 30,600 | 38,500 | 34,600 | 38,300 | 36,000 | 41,222 | 29,525 | 26,716 | 26,437 | 30,212 | 35,494 | 15,924 | 27,670 | 29,337 | 13,525 | 14,603 | 41,141 |
Net cash received for asset and business acquisitions, net of cash acquired | ||||||||||||||||||||||||
-200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from capital expenditures subsidy | ||||||||||||||||||||||||
- | - | - | - | 700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from the sale of businesses and other assets | ||||||||||||||||||||||||
11,600 | - | - | - | - | -100 | 0 | 1,300 | 500 | 0 | 2,500 | 1,600 | 42,100 | - | - | - | - | 111 | 0 | 129 | 560 | - | - | - | - |
Proceeds from the settlement of hedging instruments | ||||||||||||||||||||||||
51,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Distributions from unconsolidated affiliates | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 100 | 800 | -9 | 0 | 0 | 4,809 | - | - | - | - | 0 | 0 | 0 | 978 |
Payment for working capital adjustment from sale of business | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 700 |
Cash provided by (used in) investing activities | ||||||||||||||||||||||||
39,100 | -32,400 | -30,000 | -22,600 | -24,300 | -30,600 | -31,400 | -26,600 | -30,100 | -41,100 | -111,800 | -36,600 | 6,900 | -39,605 | -29,480 | -26,587 | -21,628 | -30,079 | -35,907 | -13,604 | -27,110 | -29,870 | -12,702 | -9,169 | -40,863 |
Short term borrowings, net | ||||||||||||||||||||||||
-3,500 | -5,800 | -2,500 | -2,200 | -100 | -100 | -100 | 0 | -100 | -100 | -100 | 0 | -100 | -174 | 0 | -63 | -63 | -697 | -1,880 | -6,336 | -9,487 | -13,471 | -14,028 | -14,565 | -14,837 |
Purchase of treasury shares | ||||||||||||||||||||||||
25,000 | 21,000 | 39,600 | 21,700 | 37,400 | 47,400 | 35,000 | 36,700 | 23,800 | 23,700 | 8,800 | 29,800 | 26,600 | 21,021 | 99,717 | 37,354 | 57,008 | - | - | - | - | - | - | - | - |
Dividends paid | ||||||||||||||||||||||||
15,900 | 15,700 | 16,200 | 16,400 | 17,400 | 17,000 | 17,200 | 15,600 | 16,200 | 15,800 | 15,700 | 13,200 | 13,300 | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from exercise of option awards | ||||||||||||||||||||||||
- | 0 | 100 | 700 | 100 | 200 | 300 | 400 | 1,900 | 1,000 | 2,300 | 2,600 | 3,400 | - | - | - | - | - | - | - | - | - | - | - | - |
Withholding taxes paid on restricted share units | ||||||||||||||||||||||||
600 | 700 | -100 | 200 | 3,800 | 100 | -200 | 300 | 8,000 | 100 | -100 | 200 | 100 | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments of Term Loans | ||||||||||||||||||||||||
1,700 | - | - | - | 1,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments of 2021 Term Loan B | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,250 | 1,250 | 1,250 | - | - | - | - | - | - | - | - |
Proceeds from Accounts Receivable Securitization Facility | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25,346 | 104,689 | 117,632 | 60,971 |
Repayments of Accounts Receivable Securitization Facility | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25,346 | 104,689 | 117,632 | 61,538 |
Cash used in financing activities | ||||||||||||||||||||||||
-46,700 | -44,900 | -59,900 | -41,500 | -60,400 | -66,100 | -53,600 | -54,500 | -48,000 | -42,800 | -130,400 | -41,800 | -38,000 | -35,854 | -114,771 | -38,654 | -58,321 | -70,689 | -3,502 | -11,122 | -9,487 | -13,471 | -147,593 | 184,587 | -15,404 |
Effect of exchange rates on cash | ||||||||||||||||||||||||
-2,700 | 2,600 | -2,400 | 0 | -1,600 | -400 | -1,100 | -8,000 | 3,400 | 1,500 | 2,800 | 5,900 | 1,800 | -4,769 | 334 | -2,757 | 2,192 | -4,912 | -1,884 | 5,302 | -8,406 | -3,560 | -4,919 | -10 | 36 |
Net change in cash, cash equivalents and restricted cash | ||||||||||||||||||||||||
-16,100 | -27,100 | -51,400 | 16,700 | 66,900 | 30,900 | -30,000 | 52,500 | -33,900 | 114,100 | -81,200 | -10,200 | -55,000 | -1,226 | 1,074 | 26,824 | 7,128 | 110,515 | 89,666 | 12,408 | -2,089 | 68,659 | -171,417 | 184,455 | -57,414 |
2024 Term Loan B | ||||||||||||||||||||||||
Repayments of Term Loans | ||||||||||||||||||||||||
- | - | - | - | - | - | - | 698,200 | 1,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |