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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities    
Net income $ 11,603 $ 16,168
Adjustments to reconcile to net cash provided by operations:    
Depreciation, depletion and amortization 17,282 16,646
Amortization of debt issue costs 289 290
Pension expense, net of unfunded benefits paid 928 767
Deferred income tax benefit 1,704 2,436
Losses on dispositions of plant, equipment and timberlands, net 32 24
Share-based compensation 1,648 1,217
Change in operating assets and liabilities    
Accounts receivable (11,462) 2,376
Inventories (9,907) (5,888)
Prepaid and other current assets 1,670 (1,980)
Accounts payable 2,903 (15,759)
Accruals and other current liabilities (8,874) (4,897)
Other (255) 41
Net cash provided by operating activities 7,561 11,441
Investing activities    
Expenditures for purchases of plant, equipment and timberlands (36,783) (43,294)
Proceeds from disposals of plant, equipment and timberlands, net   33
Other   (300)
Net cash used by investing activities (36,783) (43,561)
Financing activities    
Net borrowings under revolving credit facility 38,236  
Payments of borrowing costs   (51)
Repayment of term loans (2,190) (1,926)
Payments of dividends (5,455) (5,231)
Proceeds from government grants   3,861
Payments related to share-based compensation awards and other (112) (751)
Net cash provided (used) by financing activities 30,479 (4,098)
Effect of exchange rate changes on cash 526 1,176
Net increase (decrease) in cash and cash equivalents 1,783 (35,042)
Cash and cash equivalents at the beginning of period 55,444 105,304
Cash and cash equivalents at the end of period 57,227 70,262
Cash paid for:    
Interest, net of amounts capitalized 293 474
Income taxes, net $ 2,194 $ 5,188