v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities    
Net Income $ 66,144,000 $ 106,512,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and goodwill and other long-lived asset impairments 55,271,000 91,796,000
Amortization of lease right-of-use asset 28,729,000 32,614,000
Net pension benefit, early retirement program and special separation benefit expense (40,985,000) (40,313,000)
Gain on marketable equity securities and cost method investments, net of impairment (19,579,000) (123,036,000)
Loss (gain) on disposition of businesses, property, plant and equipment and investments, net 485,000 (3,481,000)
Credit loss expense 2,125,000 1,632,000
Stock-based compensation expense, net of forfeitures 3,111,000 3,092,000
Foreign exchange loss 8,854,000 1,083,000
Equity in losses (earnings) of affiliates, net of distributions 11,219,000 1,551,000
Provision for deferred income taxes 3,079,000 8,526,000
Change in operating assets and liabilities:    
Accounts receivable, net 60,739,000 60,708,000
Inventories 33,244,000 (25,380,000)
Accounts payable and accrued liabilities (55,264,000) (28,510,000)
Deferred revenue (59,192,000) (68,344,000)
Income taxes receivable/payable (13,636,000) 11,125,000
Lease liabilities (25,615,000) (31,850,000)
Other assets and other liabilities, net 82,088,000 54,297,000
Other (7,000) 1,086,000
Net Cash Provided by Operating Activities 140,810,000 53,108,000
Cash Flows from Investing Activities    
Purchases of property, plant and equipment (32,285,000) (39,560,000)
Proceeds from sales of marketable equity securities 0 0
Net proceeds from disposition of businesses, property, plant and equipment and investments 7,348,000 3,700,000
Purchases of marketable equity securities (4,823,000) 0
Investments in certain businesses, net of cash acquired (2,523,000) (3,828,000)
Investments in equity affiliates and cost method investments (366,000) (1,759,000)
Loan to related party 0 (2,000,000)
Other 1,332,000 1,663,000
Net Cash Used in Investing Activities (31,317,000) (41,784,000)
Cash Flows from Financing Activities    
Distributions paid to noncontrolling interests (190,319,000) (2,683,000)
Net borrowings under revolving credit facilities 75,000,000 33,245,000
Net (repayments of) proceeds from vehicle floor plan payable (32,776,000) 26,612,000
Dividends paid (15,660,000) (15,352,000)
Repayments of borrowings (13,172,000) (9,883,000)
Principal payments of finance leases (8,446,000) (3,764,000)
Common shares repurchased (3,468,000) (49,514,000)
Other 329,000 78,000
Net Cash Used in Financing Activities (188,512,000) (21,261,000)
Effect Of Currency Exchange Rate Change 10,514,000 (4,339,000)
Net Decrease in Cash and Cash Equivalents and Restricted Cash (68,505,000) (14,276,000)
Beginning Cash and Cash Equivalents and Restricted Cash 297,853,000 201,891,000
Ending Cash and Cash Equivalents and Restricted Cash $ 229,348,000 $ 187,615,000