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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net earnings $ 56,502 $ 45,276
Adjustments to reconcile net earnings to cash provided by operating activities:    
Depreciation and amortization 31,612 17,347
Provision for losses on receivables (63) 123
LIFO expense 2,000 5,087
Deferred income tax benefit (1,723) (1,200)
Excess tax benefit from share-based compensation (959) (2,461)
Share-based compensation expense 5,200 2,987
Pension expense 15,400 6,990
Postretirement obligation (63) 625
Loss on disposition of property, plant and equipment 247 828
Changes in:    
Receivables, net (18,645) (34,440)
Income tax receivable 30 (231)
Inventories (48,152) (38,929)
Other current assets (1,964) (398)
Accounts payable 14,544 20,348
Pension contributions (15,650) 0
Accrued liabilities (4,769) 13,165
Net cash provided by operating activities 33,547 35,117
Cash flows from investing activites:    
Additions to property, plant and equipment (67,249) (79,592)
Proceeds from disposition of property, plant and equipment 2,201 897
(Decrease) increase in other assets (245) 355
Acquisition of other companies (147,342) (20,482)
Net cash used in investing activities (212,635) (98,822)
Cash flows from financing activites:    
Payments of notes payable (43,921) 0
Proceeds from notes payable 25,000 20,000
Dividends paid (12,217) (11,419)
Excess tax benefit from share-based compensation 959 2,461
Proceeds from exercise of stock options 1,822 4,305
Proceeds from equity offering 217,565 0
Net cash provided by financing activities 189,208 15,347
Effect of translation on cash and cash equivalents 221 (614)
Net increase (decrease) in cash and cash equivalents 10,341 (48,972)
Cash and cash equivalents at beginning of period 38,438 88,592
Cash and cash equivalents at end of period $ 48,779 $ 39,620