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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income (loss) $ (21,541) $ (177,604) $ 7,914
(Income) loss from discontinued operations, net of tax benefits (3,670) 177,156 (13,526)
Adjustments to reconcile to net cash provided by operations:      
Depreciation, depletion and amortization 50,820 47,525 42,078
Amortization of debt issue costs and original issue discount 1,672 1,159 1,157
Pension settlement charge 75,326    
Deferred income tax benefit (provision) (22,971) (7,704) 12,003
Gains on dispositions of plant, equipment and timberlands, net (2,060) (3,256) (197)
Share-based compensation 3,583 6,288 5,494
Change in operating assets and liabilities      
Accounts receivable (5,473) (621) (4,148)
Inventories (17,387) (32,138) 1,522
Prepaid and other current assets (2,833) (3,372) (910)
Accounts payable 10,337 13,774 20,361
Accruals and other current liabilities (19,536) (23,984) (16,690)
Pension assets received 53,401    
Other 3,167 (3,175) (1,824)
Net cash provided (used) by operating activities 102,835 (5,952) 53,234
Investing activities      
Expenditures for purchases of plant, equipment and timberlands (27,765) (42,129) (80,783)
Proceeds from disposals of plant, equipment and timberlands, net 2,198 3,462 218
Acquisition, net of cash acquired (1,383) (178,905)  
Other investing (163) (68) (243)
Net cash used by investing activities (27,113) (217,640) (80,808)
Financing activities      
Repayments of note offerings (250,000)    
Net borrowings (repayments) under revolving credit facility (28,062) (55,446) 109,436
Payments of borrowing costs (2,204)    
Proceeds from term loans 248,644    
Repayment of term loans (16,660) (11,069) (9,771)
Payments of dividends (22,936) (22,760) (22,480)
Payments related to share-based compensation awards and other (1,556) (2,151) (472)
Net cash provided (used) by financing activities (72,774) (91,426) 76,713
Effect of exchange rate changes on cash (269) (5,564) 7,244
Net increase (decrease) in cash and cash equivalents 2,679 (320,582) 56,383
Change in cash and cash equivalents from discontinued operations (19,163) 347,048 4,392
Cash and cash equivalents at the beginning of period 142,685 116,219 55,444
Cash and cash equivalents at the end of period 126,201 142,685 116,219
Cash paid for:      
Interest, net of amounts capitalized 10,208 15,760 13,934
Income taxes, net $ 14,242 $ 15,171 $ 9,336