Consolidated Statements of Cash Flows of Orion Engineered Carbons S.A. (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities:
Net income	$ 18,032	$ 18,954
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property, plant and equipment and amortization of intangible assets	23,845	24,095
Amortization of debt issuance costs	501	535
Share-based incentive compensation	(1,139)	3,553
Deferred tax (benefit)/provision	(1,865)	(2,913)
Foreign currency transactions	1,219	935
Reclassification of actuarial losses from AOCI	2,398	0
Other operating non-cash items	360	1,028
Changes in operating assets and liabilities, net of effects of businesses acquired:
(Increase)/decrease in trade receivables	(31,097)	(12,623)
(Increase)/decrease in inventories	(11,681)	7,946
Increase/(decrease) in trade payables	4,391	3,868
Increase/(decrease) in provisions	(11,365)	(20,821)
Increase/(decrease) in tax liabilities	12,016	1,748
Increase/(decrease) in other assets and liabilities that cannot be allocated to investing or financing activities	(711)	(134)
Net cash provided by operating activities	4,905	26,171
Cash flows from investing activities:
Cash paid for the acquisition of intangible assets and property, plant and equipment	(50,851)	(22,487)
Net cash used in investing activities	(50,851)	(22,487)
Cash flows from financing activities:
Repayments of long-term debt	(2,006)	(2,018)
Cash inflows related to current financial liabilities	109,813	37,082
Cash outflows related to current financial liabilities	0	(22,823)
Dividends paid to shareholders	(12,045)	(11,904)
Taxes paid for shares issued under net settlement feature	(1,202)	0
Net cash used in financing activities	94,560	337
Increase (decrease) in cash, cash equivalents and restricted cash	48,614	4,021
Cash, cash equivalents and restricted cash at the beginning of the period	68,231	61,604
Effect of exchange rate changes on cash	(6,630)	(200)
Cash, cash equivalents and restricted cash at the end of the period	110,215	65,425
Less restricted cash at the end of the period	2,675	4,504
Cash and cash equivalents at the end of the period	107,540	60,921
Cash paid for interest, net	(4,345)	(6,024)
Cash refund for income taxes	2,259
Cash (paid) for income taxes		(8,764)
Supplemental disclosure of non-cash activity:
Liabilities for leasing - current	2,982	5,144
Liabilities for leasing - non-current	$ 1,242	$ 25,587