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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 72,474 $ 15,462 $ 53,394
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion, and amortization 44,137 42,384 41,116
Amortization of deferred financing costs in interest expense 967 790 962
Stock-based compensation expense (non-cash) 6,517 5,528 7,170
Amortization of pension and post-retirement costs 437 (151) 386
(Gain) loss on sale of property, plant, and equipment (282) 466 344
Deferred income tax (benefit) expense (12,957) (9,850) 3,945
Impairment charges 0 10,472 14,141
Net pension curtailments and settlements 0 94 3,328
Changes in assets and liabilities, net of acquired assets and liabilities:      
Decrease (increase) in accounts receivable (30,490) (707) (23,933)
Decrease (increase) in inventory (43,458) (1,288) 20,485
Decrease (increase) in prepaid and other current assets (3,855) 2,475 869
Increase (decrease) in accounts payable and accrued expenses 40,219 (21,877) (18,575)
Increase (decrease) in unearned revenue 106 2,935 (2,538)
Increase (decrease) in interest and taxes payable (220) (157) (805)
Increase (decrease) in unearned income due to customer prepayments 13,752 54,103 4,733
Domestic pension plan contributions 0 0 (4,500)
Other — net 2,894 378 (1,300)
Net cash provided by operating activities 90,241 101,057 99,222
Cash flows from investing activities:      
Payments for acquisition, net of cash acquired (392,240) (130,715) 0
Payments for purchase of property, plant, and equipment (102,910) (67,274) (24,251)
Payments for mine development 0 0 (2,277)
Proceeds from settlement of currency exchange contract 0 3,249 0
Proceeds from sale of property, plant, and equipment 881 33 44
Net cash used in investing activities (494,269) (194,707) (26,484)
Cash flows from financing activities:      
Proceeds from borrowings under revolving credit agreement, net 118,297 34,000 0
Proceeds from term loan 300,000 0 0
Repayment of long-term debt (2,054) (20,634) (823)
Principal payments under finance lease obligations (2,819) (2,213) (1,200)
Cash dividends paid (9,697) (9,257) (8,856)
Deferred financing costs (7,403) 0 (2,130)
Repurchase of common stock 0 (6,766) (199)
Payments for withholding taxes for stock-based compensation awards (3,318) (2,221) (4,846)
Net cash provided by (used in) financing activities 393,006 (7,091) (18,054)
Effects of exchange rate changes (394) 1,612 (322)
Net change in cash and cash equivalents (11,416) (99,129) 54,362
Cash and cash equivalents at beginning of period 25,878 125,007 70,645
Cash and cash equivalents at end of period $ 14,462 $ 25,878 $ 125,007