|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$1.0m
|
($318k)
|
$6.6m
|
$18.9m
|
$18.8m
|
$37.8m
|
$39.3m
|
$77.3m
|
$103.6m
|
$94.1m
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
$645k
|
($318k)
|
$6.6m
|
$19.5m
|
$21.7m
|
$37.8m
|
$39.3m
|
$77.3m
|
$103.6m
|
$94.1m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
$2.4m
|
($872k)
|
$6.6m
|
$19.5m
|
$21.7m
|
$42.9m
|
$50.6m
|
$96.9m
|
$131.3m
|
$121.9m
|
|
Net Income (Loss) Attributable to Noncontrolling Interest
|
|
$1.4m
|
($554k)
|
$0
|
—
|
$2.9m
|
$5.2m
|
$11.3m
|
$19.5m
|
$27.6m
|
$27.8m
|
|
Depreciation, Depletion and Amortization
|
|
$187k
|
$271k
|
$417k
|
$788k
|
$1.1m
|
$2.4m
|
$5.4m
|
$8.1m
|
$6.6m
|
$14.4m
|
|
Amortization
|
|
—
|
—
|
—
|
—
|
—
|
$199k
|
—
|
—
|
—
|
—
|
|
Depreciation
|
|
$180k
|
$243k
|
$350k
|
$713k
|
$826k
|
$2.1m
|
$4.8m
|
$6.9m
|
$10.0m
|
$16.3m
|
|
Deferred Income Tax Expense (Benefit)
|
|
—
|
—
|
($405k)
|
($3.7m)
|
($4.1m)
|
($1.8m)
|
$5.2m
|
($13.2m)
|
$5.4m
|
($15.0m)
|
|
Deferred Other Tax Expense (Benefit)
|
|
—
|
—
|
—
|
($4.0m)
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$383k
|
$1.6m
|
$3.4m
|
$3.6m
|
$5.6m
|
$5.1m
|
$7.7m
|
$27.3m
|
$49.6m
|
$33.6m
|
|
Share-based Payment Arrangement, Expense
|
|
—
|
—
|
—
|
—
|
$5.6m
|
$5.1m
|
$7.7m
|
$27.3m
|
$49.6m
|
$33.6m
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
—
|
—
|
—
|
|
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.1m
|
$9.0m
|
$1.8m
|
$166k
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
—
|
—
|
$0
|
($294k)
|
($25k)
|
$0
|
$12k
|
$2k
|
($945k)
|
$33k
|
|
Gain (Loss) on Disposition of Assets for Financial Service Operations
|
|
($3k)
|
($1k)
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Income (Loss) from Equity Method Investments
|
|
$0
|
$37k
|
$123k
|
$168k
|
$655k
|
$4.6m
|
$4.7m
|
$10.0m
|
$423k
|
$10.3m
|
|
Income Tax Expense (Benefit)
|
|
$595k
|
$547k
|
$806k
|
($518k)
|
($2.4m)
|
$134k
|
$16.8m
|
$19.4m
|
$35.0m
|
$13.3m
|
|
Interest Expense Nonoperating
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$4.2m
|
$7.0m
|
|
Other Nonoperating Income (Expense)
|
|
—
|
—
|
—
|
$1.4m
|
($3.4m)
|
($631k)
|
$3.3m
|
($1.6m)
|
$6.3m
|
($9.8m)
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
—
|
—
|
—
|
$7.0m
|
$22.1m
|
$47.6m
|
$88.7m
|
$108.7m
|
$123.3m
|
$116.1m
|
|
Increase (Decrease) in Inventories
|
|
$3.1m
|
$3.1m
|
$24.1m
|
$6.7m
|
$40.8m
|
$127.7m
|
$193.3m
|
$164.0m
|
$64.1m
|
$108.2m
|
|
Increase (Decrease) in Accounts Payable
|
|
$3.2m
|
$1.9m
|
$9.8m
|
($3.1m)
|
$21.3m
|
$65.2m
|
$17.5m
|
$42.3m
|
$1.4m
|
$67.9m
|
|
Debt Securities, Trading, Gain (Loss)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$2.8m
|
$17.6m
|
|
General and Administrative Expense
|
|
$2.7m
|
$5.9m
|
$8.0m
|
$8.1m
|
$12.2m
|
$15.2m
|
$22.5m
|
$40.6m
|
$69.6m
|
$68.8m
|
|
Inventory Write-down
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$2.2m
|
$575k
|
$3.1m
|
$15.5m
|
|
Investment Income, Interest
|
|
$16k
|
$9k
|
$29k
|
$333k
|
$897k
|
$505k
|
$8.7m
|
$8.4m
|
$9.9m
|
$14.6m
|
|
Marketable Securities, Unrealized Gain (Loss)
|
|
—
|
—
|
$0
|
$0
|
$12.6m
|
$607k
|
($7.9m)
|
($2.7m)
|
$973k
|
$17.5m
|
|
Operating Expenses
|
|
$9.8m
|
$16.5m
|
$28.0m
|
$32.9m
|
$48.1m
|
$76.2m
|
$124.6m
|
$180.4m
|
$240.6m
|
$290.6m
|
|
Proceeds from Stock Options Exercised
|
|
$410k
|
$396k
|
$528k
|
$317k
|
$2.7m
|
$3.4m
|
$1.3m
|
$6.1m
|
$11.1m
|
$34.8m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
($3.7m)
|
($8.1m)
|
$6.9m
|
$9.4m
|
($13.5m)
|
($40.1m)
|
($62.2m)
|
($75.3m)
|
$152.4m
|
($10.3m)
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$795k
|
$651k
|
$1.8m
|
$971k
|
$5.2m
|
$9.2m
|
$91.1m
|
$61.9m
|
$82.5m
|
$56.3m
|
|
Gain (Loss) on Sale of Investments
|
|
—
|
—
|
$0
|
$0
|
($12.6m)
|
($607k)
|
$7.9m
|
$2.7m
|
($973k)
|
$112k
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($810k)
|
($23.7m)
|
($2.1m)
|
($5.5m)
|
($70.0m)
|
($11.3m)
|
($265.7m)
|
($6.7m)
|
($12.0m)
|
($390.3m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Long-term Debt
|
|
—
|
—
|
—
|
—
|
$19.7m
|
$7.1m
|
$0
|
$42.4m
|
$96.9m
|
$119.1m
|
|
Repayments of Long-term Debt
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$9.6m
|
$60.3m
|
|
Proceeds from Issuance of Common Stock
|
|
$0
|
$18.7m
|
$0
|
$26.4m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
|
Payments for Repurchase of Common Stock
|
|
—
|
—
|
—
|
$2.8m
|
$0
|
$0
|
—
|
—
|
—
|
—
|
|
Proceeds from Noncontrolling Interests
|
|
—
|
—
|
—
|
$59.7m
|
$0
|
$0
|
—
|
—
|
—
|
$242k
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
$10.6m
|
$38.7m
|
$5.1m
|
$87.4m
|
$32.8m
|
$538.8m
|
$45.9m
|
$18.5m
|
$92.5m
|
$742.5m
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
($518k)
|
($582k)
|
$4.6m
|
$3.9m
|
($32.6m)
|
($1.7m)
|
($4.8m)
|
$12.8m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
—
|
($518k)
|
$90.7m
|
($46.1m)
|
$491.3m
|
($314.6m)
|
($65.3m)
|
$228.1m
|
$354.7m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
($518k)
|
$117.9m
|
$71.8m
|
$563.1m
|
$248.5m
|
$183.2m
|
$411.3m
|
$766.0m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$181k
|
$277k
|
$498k
|
$745k
|
$982k
|
$765k
|
$1.7m
|
$2.7m
|
$4.2m
|
$7.0m
|
|
Income Taxes Paid, Net
|
|
—
|
—
|
$0
|
$1.2m
|
$5.0m
|
$1.1m
|
$3.6m
|
$26.1m
|
$11.2m
|
$32.4m
|