Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Consolidated Statements of Cash Flows (Unaudited)

v3.20.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net loss $ (454,805) $ (8,211)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Goodwill impairment 386,154
Intangible assets impairment charges 5,256
Depreciation and amortization 37,428 37,934
Stock-based compensation 15,894 15,757
Foreign currency transaction loss (gain) (2,565) 777
Deferred income taxes (1,541) (1,667)
Share in losses (profits) of associated companies 2,740 (495)
Gain from sale of unconsolidated entity (3,578)
Other non-cash items, net 338 720
Change in cash attributable to changes in operating assets and liabilities:    
Accounts receivable, net 29,563 2,827
Inventories 15,167 (44,925)
Net investment in sales-type leases 917 2,450
Other current assets and prepaid expenses 5,805 (6,922)
Other non-current assets 1,764 5,377
Accounts payable (17,579) (4,793)
Other current liabilities (8,430) (424)
Deferred revenues (8,070) (2,764)
Other non-current liabilities (3,932) 172
Net cash provided by (used in) operating activities 4,104 (7,765)
Cash flows from investing activities    
Purchase of property and equipment (19,912) (16,472)
Proceeds from sale of equity method investment 3,175
Investments in short-term bank deposits (27,000)
Net proceeds from divestitures of subsidiaries and associated companies 1,000
Investment in unconsolidated entities (4,500)
Purchase of intangible assets (1,598) (1,643)
Proceeds from sale of plant and property 129
Proceeds from sale of subsidiaries and unconsolidated entity 4,909
Other investing activities 89 (679)
Net cash used in investing activities (44,246) (18,256)
Cash flows from financing activities    
Repayment of debt (27,293)
Proceeds from exercise of stock options 53 5,169
Net cash provided by (used in) financing activities 53 (22,124)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (484) 1,602
Net change in cash, cash equivalents and restricted cash (40,573) (46,543)
Cash, cash equivalents and restricted cash, beginning of period 293,597 393,734
Cash, cash equivalents and restricted cash, end of period 253,024 347,191
Supplemental disclosures of cash flow information:    
Transfer of inventory to fixed assets 2,445 2,304
Transfer of fixed assets to inventory $ 281 $ 201