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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 512,218,000 $ 145,013,000 $ 11,844,000
Adjustments to reconcile net income to net cash provided (used) by operating activities:      
Depreciation 119,803,000 122,135,000 121,839,000
Amortization 18,592,000 10,650,000 8,098,000
Gain (loss) on Extinguishment of debt, Cash Flow 5,314,000    
Loss on early extinguishment of debt 7,704,000 1,127,000 2,265,000
Deferred income tax expense (benefit) 6,815,000 (6,522,000) 57,349,000
Equity in income of unconsolidated entities, net (273,000) (384,000) 0
Dividends from unconsolidated entities 125,000 88,000 93,000
Gain on Sale from discontinued business (569,135,000)    
Other, net 1,764,000 2,666,000 749,000
Changes in assets and liabilities:      
Accounts receivable (3,464,000) (16,881,000) (32,012,000)
Increase (Decrease) in Insurance Settlements Receivable 195,000,000 0 0
Inventories (42,484,000) (14,706,000) 19,557,000
Contract assets (21,795,000) (3,312,000) 0
Increase (Decrease) In Right-Of_Use Assets 15,164,000 0 0
Accounts payable 13,407,000 18,347,000 12,554,000
Accrued interest payable 14,723,000 (154,000) 438,000
Accrued compensation (15,759,000) (1,127,000) 11,126,000
Advances on contracts and other customer advances (4,172,000) 3,057,000 (16,811,000)
Increase (Decrease) in Operating Liabilities (14,740,000) 0 0
Insurance liability (195,000,000) 0 0
Income taxes payable - gain on sale of discontinued businesses 12,373,000 0 0
Retirement plan liabilities, net (24,022,000) (33,321,000) (21,300,000)
Other assets and liabilities (24,617,000) (33,527,000) 3,368,000
Net cash provided (used) by operating activities (163,000) 192,022,000 176,892,000
Cash flows from investing activities:      
Purchases of property, plant and equipment (184,973,000) (132,168,000) (98,314,000)
Proceeds from sales of assets 17,022,000 11,887,000 13,418,000
Expenditures for intangible assets (1,311,000) 0 0
Proceeds from Divestiture of Businesses 658,414,000 0 0
Net cash used to acquire businesses (623,495,000) (56,389,000) 0
Payments to Acquire Equity Method Investments (2,364,000) 0 0
Payments for Hedge, Investing Activities (2,758,000) 0 0
Net proceeds (payments) from settlement of foreign currency forward exchange contracts 7,273,000 15,527,000 (18,429,000)
Net cash used by investing activities (132,192,000) (161,143,000) (103,325,000)
Cash flows from financing activities:      
Short-term borrowings, net (5,398,000) 1,932,000 5,061,000
Current maturities and long-term debt:      
Additions 848,314,000 128,858,000 27,985,000
Reductions (661,620,000) (116,988,000) (108,280,000)
Dividends paid to noncontrolling interests (4,712,000) (5,480,000) (2,445,000)
Noncontrolling Interest - purchase or sale 4,026,000 477,000 (3,412,000)
Stock-based compensation - Employee taxes paid (11,234,000) (3,730,000) (1,688,000)
Common stock acquired for treasury (31,838,000) (30,011,000) 0
Deferred financing costs (11,272,000) (596,000) (42,000)
Other financing activities, net (532,000) 0 (894,000)
Net cash provided (used) by financing activities 125,734,000 (25,538,000) (83,715,000)
Effect of exchange rate changes on cash, including restricted cash (793,000) (4,404,000) 4,478,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (7,414,000) 937,000 (5,670,000)
Cash and cash equivalents, including restricted cash, at beginning of period 67,146,000 66,209,000 71,879,000
Cash and cash equivalents, including restricted cash, at end of period 59,732,000 67,146,000 66,209,000
Change in accrual for purchases of property, plant and equipment included in accounts payable 5,164,000 7,567,000 (666,000)
Purchase of businesses, net of cash acquired      
Working Capital Acquired (26,663,000) 1,295,000  
Working capital     0
Property, plant and equipment (77,295,000) (3,327,000) 0
Goodwill (330,230,000) (22,518,000) 0
Long-term debt acquired 605,000 335,000  
Other noncurrent assets and liabilities, net (189,912,000) (32,174,000) 0
Net cash used to acquire businesses $ (623,495,000) (56,389,000) 0
Restructuring Costs, Program Two   $ 0 $ 0