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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ (40,233) $ (34,522)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 111,525 102,893
Amortization 24,089 24,327
Deferred income tax (benefit) expense 5,634 3,946
Equity (income) loss of unconsolidated entities, net 84 593
Dividends from unconsolidated entities 204 0
Impairment of Long-Lived Assets to be Disposed of 0 14,099
Remeasurement of long-lived assets 10,695 0
Gain on sale of businesses, net (10,478) 0
Other, net 1,928 4,743
Changes in assets and liabilities, net of acquisitions and dispositions of businesses:    
Accounts receivable 3,231 (48,175)
Inventories (17,084) (10,548)
Contract assets (14,923) 1,317
Right-of-use assets 23,687 24,467
Accounts payable 7,421 (818)
Accrued interest payable (5,092) (6,828)
Accrued compensation (13,412) 20,436
Advances on contracts (10,446) (21,824)
Operating lease liabilities (23,341) (22,980)
Retirement plan liabilities, net (6,981) (4,862)
Other assets and liabilities (4,737) (92)
Net cash (used) provided by operating activities 41,771 46,172
Cash flows from investing activities:    
Purchases of property, plant and equipment (102,094) (93,630)
Proceeds from sale of business, net 57,667 0
Proceeds from sales of assets 12,479 2,080
Expenditures for intangible assets (1,181) (478)
Proceeds from notes receivable 17,023 11,238
Net proceeds (payments) from settlement of foreign currency forward exchange contracts (6,133) 2,034
Other investing activities, net 0 462
Net cash used by investing activities (22,239) (78,294)
Cash flows from financing activities:    
Short-term borrowings, net (2,982) 4,196
Current maturities and long-term debt:    
Additions 201,562 185,992
Reductions (200,584) (140,522)
Dividends paid to noncontrolling interests (15,964) 0
Contributions from noncontrolling interests 874 1,654
Stock-based compensation - Employee taxes paid (1,546) (1,374)
Deferred financing costs (3,765) 0
Net cash (used) provided by financing activities (22,405) 49,946
Effect of exchange rate changes on cash and cash equivalents, including restricted cash (8,609) (4,231)
Net increase (decrease) in cash and cash equivalents, including restricted cash (11,482) 13,593
Cash and cash equivalents, including restricted cash, at beginning of period 124,614 85,094
Cash and cash equivalents, including restricted cash, at end of period 113,132 98,687
Supplementary cash flow information:    
Change in accrual for purchases of property, plant and equipment included in accounts payable $ 3,501 $ (3,252)