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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Net income $ 14,690 $ 12,073
Depreciation and amortization 8,752 9,156
Non-cash restructuring charges (Note 4) 11,384 0
Stock-based compensation (Note 11) 6,325 5,498
Pension expense (Note 15) 1,769 1,698
Deferred income tax provision (benefit) 171 (919)
Loss (gain) on asset dispositions, net 32 (18)
Pension contributions (Note 15) (1,475) (1,550)
Currency exchange losses, net 580 1,968
Trade receivables 3,998 (7,332)
Inventories (Note 3) (12,537) (4,316)
Income taxes receivable, prepaid expenses and other current assets 1,087 (4,668)
Accounts payable and accrued liabilities (20,137) (19,638)
Other noncurrent assets and liabilities 81,751 (5,819)
Other, net 0 2,861
Cash Flow From (Used In) Operating Activities 96,390 (11,006)
Investing Activities    
Capital expenditures (1,442) (5,819)
Property disposals and other investing (Note 19) 165 15,708
Cash Flow (Used in) From Investing Activities (1,277) 9,889
Financing Activities    
Proceeds from short-term debt, net 182 126
Proceeds from long-term debt (Note 12) 101,500 170,264
Payments on long-term debt (Note 12) (198,119) (156,757)
Restricted cash 390 155
Cash dividends paid (12,455) (11,936)
Company stock purchases (3,811) (1,590)
Exercise of stock options 6,267 2,703
Excess tax benefit related to stock plans 0 288
Cash Flow (Used in) From Financing Activities (106,046) 3,253
Effect of exchange rate changes on cash and cash equivalents 1,601 3,840
(Decrease ) increase in cash and cash equivalents (9,332) 5,976
Beginning cash and cash equivalents 113,759 105,925
Ending cash and cash equivalents $ 104,427 $ 111,901