XML 33 R7.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 7,061 $ 7,631 $ (12,451)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 17,710 18,247 20,583
Provision for doubtful accounts 4,640 5,225 2,520
Noncash amortization of debt financing costs 1,059 891 1,132
Pension plan contributions (2,958) (2,965) (3,103)
Loss on early extinguishment of debt 591 0 0
Shared-based compensation expense 2,853 2,741 5,278
Loss on sale of assets 596 1,098 142
Deferred income tax benefit 8,157 3,277 (398)
Noncash loss on forward exchange contracts 151 483 264
Change in other operating items:      
Accounts receivable 166 (27,875) (6,934)
Inventories 6,761 (5,370) 8,553
Prepaid expenses (3,743) 2,267 (1,250)
Accounts payable (3,642) 3,065 8,982
Accrued liabilities 8,211 1,022 2,475
Other operating activities, net 7,686 (218) (6,639)
Net cash provided by operating activities 55,299 9,519 19,154
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (14,685) (13,704) (12,626)
Proceeds from disposal/sale of property, plant and equipment 108 689 322
Other investing activities, net 71 726 (645)
Net cash used in investing activities (14,506) (12,289) (12,949)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings against life insurance policies 0 1,041 0
Proceeds from issuance of common stock under equity incentive plans 0 0 38
Surrender of common stock by employees (417) (527) (831)
Redemption of Notes (15,000) 0 0
Early payment fee on debt and other debt issuance costs (591) 0 (144)
Net cash (used in) provided by financing activities (16,008) 514 (937)
EFFECT OF CURRENCY EXCHANGE RATE CHANGES ON CASH (2,682) (348) (942)
NET INCREASE (DECREASE) IN CASH 22,103 (2,604) 4,326
CASH:      
Beginning of period 70,091 72,695 68,369
End of period 92,194 70,091 72,695
SUPPLEMENTAL CASH FLOW INFORMATION:      
Cash paid for interest 19,939 19,831 19,958
Cash paid for income taxes, net 1,545 1,387 2,344
Unpaid purchases of property and equipment included in accounts payable $ 905 $ 864 $ 1,040