XML 48 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities    
Net income $ 36,412 $ 43,786
Depreciation and amortization 15,115 15,777
Pensions 2,804 5,761
Net gain from investing activities-disposal of assets 0 26
Stock-based compensation 6,810 7,949
Deferred income tax (benefit) (520) (543)
Other noncurrent assets and liabilities (23,237) (23,437)
Currency exchange (gains) losses, net (26) 2,112
Excess tax benefit related to stock plans (2,116) (1,036)
Other, net 913 (115)
Operating cash flow before changes in certain working capital items 36,155 50,280
(Increase) in trade receivables (8,809) (26,748)
(Increase) decrease in inventories (15,050) (3,987)
Increase (decrease) in accounts payable and accrued liabilities 5,626 (6,270)
(Increase) decrease in income taxes receivable, prepaid expenses and other current assets (2,612) 8,502
(Increase) in certain working capital items (20,845) (28,503)
Cash Flow From Operating Activities 15,310 21,777
Investing Activities    
Capital expenditures (14,528) (16,956)
Property disposals and other investing 0 86
Cash Flow From Investing Activities (14,528) (16,870)
Financing Activities    
(Payments on) proceeds from short-term debt, net (817) 205
Proceeds from long-term debt 303,000 175,100
(Payments on) long-term debt (282,000) (154,100)
Restricted cash 499 0
Cash dividends paid (22,501) (21,533)
Distributions to noncontrolling interests 0 (275)
Company stock purchases (4,775) (10,788)
Exercise of stock options 4,235 8,357
Excess tax benefit related to stock plans 2,116 1,036
Cash Flow From Financing Activities (243) (1,998)
Effect of exchange rate changes on cash and cash equivalents (621) (3,214)
(Decrease) in cash and cash equivalents (82) (305)
Beginning cash and cash equivalents 96,265 82,718
Ending cash and cash equivalents $ 96,183 $ 82,413