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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income $ 17,994 $ 37,734
Adjustments to reconcile to net cash provided by operations:    
Depreciation, depletion and amortization 56,343 49,725
Amortization of debt issue costs 868 864
Pension expense, net of unfunded benefits paid 3,707 2,908
Deferred income tax provision (benefit) 4,282 (4,266)
(Gains) losses on dispositions of plant, equipment and timberlands, net (50) 31
Share-based compensation 4,868 4,218
Change in operating assets and liabilities    
Accounts receivable (23,753) (12,927)
Inventories 2,906 (17,897)
Prepaid and other current assets (7,185) (4,205)
Accounts payable (4,001) (9,662)
Accruals and other current liabilities (3,702) 10,257
Other 519 2,657
Net cash provided by operating activities 52,796 59,437
Investing activities    
Expenditures for purchases of plant, equipment and timberlands (102,172) (116,948)
Proceeds from disposals of plant, equipment and timberlands, net 217 55
Other (100) (400)
Net cash used by investing activities (102,055) (117,293)
Financing activities    
Repayments of note offerings   (136)
Net borrowings (repayments) under revolving credit facility 96,534 (642)
Proceeds from term loans   19,428
Repayment of term loans (6,947) (3,803)
Payments of dividends (16,805) (16,134)
Proceeds from government grants   5,251
Payments related to share-based compensation awards and other (128) (990)
Net cash provided by financing activities 72,654 2,974
Effect of exchange rate changes on cash 5,448 330
Net increase (decrease) in cash and cash equivalents 28,843 (54,552)
Cash and cash equivalents at the beginning of period 55,444 105,304
Cash and cash equivalents at the end of period 84,287 50,752
Cash paid for:    
Interest, net of amounts capitalized 8,719 7,376
Income taxes, net $ 7,567 $ 11,609