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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Activities      
Net income $ 67,944 $ 87,927 $ 88,049
Depreciation and amortization 31,684 29,921 30,764
Pension expense 11,955 4,836 12,268
Net gain from investing activities—asset disposals (1,745) (2,094) (436)
Stock-based compensation 7,599 9,053 10,337
Asset Impairment Charges 4,946 0 0
Deferred income tax provision (1,699) (5,388) (3,234)
Other noncurrent assets and liabilities (45,859) (53,482) (18,162)
Currency exchange losses, net 2,471 1,393 5,127
Excess tax benefit related to stock plans (596) (2,573) (2,246)
Other, net (2,786) (5,168) 4,386
Operating cash flow before changes in certain working capital items 73,914 64,425 126,853
(Increase) in trade receivables (21,959) (23,480) (13,171)
(Increase) in inventories (9,403) (600) (6,296)
Increase in accounts payable and accrued liabilities 20,286 56,988 10,732
(Increase) decrease in income taxes receivable, prepaid expenses and other current assets (7,584) 9,698 (7,337)
Changes in certain working capital items (18,660) 42,606 (16,072)
Cash Flow From Operating Activities 55,254 107,031 110,781
Investing Activities      
Capital expenditures (36,241) (33,583) (36,517)
Property disposals 8,022 3,385 1,360
Acquisition of business, net of cash acquired (180,271) 0 0
Other investing 0 (500) 0
Cash Flow From Investing Activities (208,490) (30,698) (35,157)
Financing Activities      
Proceeds from (payments on) short-term debt, net 5 (796) 662
Payments on long-term debt (291,525) (421,667) (306,766)
Proceeds from long-term debt 510,456 406,000 295,100
Restricted cash 264 86 (2,790)
Cash dividends paid (47,380) (45,586) (43,994)
Distributions to noncontrolling interests 0 0 (556)
Company stock purchases (9,885) (5,654) (11,785)
Exercise of stock options 1,930 6,926 9,643
Employee stock purchase plan 488 0 0
Excess tax benefit related to stock plans 596 2,573 2,246
Cash Flow From Financing Activities 164,949 (58,118) (58,240)
Effect of exchange rate changes on cash and equivalents (11,786) (8,482) (3,837)
(Decrease) increase in cash and cash equivalents (73) 9,733 13,547
Beginning cash and cash equivalents 105,998 96,265 82,718
Ending cash and cash equivalents 105,925 105,998 96,265
Supplemental cash flow information:      
Interest payments 10,818 9,663 10,884
Income tax payments $ 50,001 $ 31,679 $ 36,242