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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities    
Net income $ 37,734 $ 30,277
Adjustments to reconcile to net cash provided by operations:    
Depreciation, depletion and amortization 49,725 47,423
Amortization of debt issue costs 864 893
Pension expense, net of unfunded benefits paid 2,908 5,541
Charge for impairment of intangible asset   1,200
Deferred income tax benefit (4,266) (2,043)
Losses (gains) on dispositions of plant, equipment and timberlands, net 31 (2,888)
Share-based compensation 4,218 5,502
Change in operating assets and liabilities    
Accounts receivable (12,927) (21,572)
Inventories (17,897) (5,714)
Prepaid and other current assets (4,205) 420
Accounts payable (9,662) 5,561
Accruals and other current liabilities 10,257 5,180
Other 2,657 743
Net cash provided by operating activities 59,437 70,523
Investing activities    
Expenditures for purchases of plant, equipment and timberlands (116,948) (74,280)
Proceeds from disposals of plant, equipment and timberlands, net 55 3,181
Acquisition, net of cash acquired   (224)
Other (400) (1,600)
Net cash used by investing activities (117,293) (72,923)
Financing activities    
Net repayments of revolving credit facility (642)  
Payments of borrowing costs (136) (1,329)
Proceeds from term loans 19,428  
Repayment of term loans (3,803) (3,387)
Payments of dividends (16,134) (15,215)
Proceeds from government grants 5,251  
Payments related to share-based compensation awards and other (990) (2,015)
Net cash provided (used) by financing activities 2,974 (21,946)
Effect of exchange rate changes on cash 330 (1,826)
Net decrease in cash and cash equivalents (54,552) (26,172)
Cash and cash equivalents at the beginning of period 105,304 99,837
Cash and cash equivalents at the end of period 50,752 73,665
Cash paid for:    
Interest, net of amounts capitalized 7,376 8,943
Income taxes, net $ 11,609 $ 14,566