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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net income $ 83,235 $ 62,084
Depreciation and amortization 28,087 22,088
Stock-based compensation (Note 11) 8,358 10,695
Pension (income) expense (Note 15) (5,304) 919
Deferred income tax benefit (Note 10) (1,526) (3,415)
Loss on asset dispositions, net 124 48
Pension contributions (Note 15) (3,829) (3,845)
Currency exchange losses (gains), net 1,809 (459)
Product liability expense (Note 18) 5,698 14,547
Collections on insurance receivables and notes receivable, insurance companies (Note 18) 3,906 6,069
Product liability payments (Note 18) (3,653) (22,574)
Changes in:    
Trade receivables (12,505) 27,248
Inventories (Note 4) (69,726) (21,561)
Accounts payable 7,106 (1,563)
Other current assets and liabilities (3,590) (6,503)
Other noncurrent assets and liabilities 1,786 136
Cash Flow From Operating Activities 39,976 83,914
Investing Activities    
Capital expenditures (19,805) (20,288)
Acquisition, net of cash acquired (Note 14) 0 (62,992)
Purchase of short-term investments (Note 17) (54,793) (74,955)
Proceeds from maturities of short-term investments (Note 17) 69,000 100,000
Property disposals and other investing 0 60
Cash Flow Used in Investing Activities (5,598) (58,175)
Financing Activities    
Proceeds from long-term debt (Note 12) 572,000 605,733
Payments on long-term debt (Note 12) (535,000) (578,729)
Debt issuance costs 0 (1,494)
Cash dividends paid (35,401) (34,067)
Company stock purchases (Note 7) (32,156) (5,511)
Exercise of stock options (Note 7) 298 2,161
Employee stock purchase plan (Note 7) 486 452
Cash Flow Used In Financing Activities (29,773) (11,455)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (10,474) (907)
(Decrease) Increase in cash, cash equivalents and restricted cash (5,869) 13,377
Beginning cash, cash equivalents and restricted cash 141,438 161,034
Ending cash, cash equivalents and restricted cash 135,569 174,411
Supplemental cash flow information:    
Cash and cash equivalents 134,047 174,078
Restricted cash included in prepaid expenses and other current assets 1,522 333
Total cash, cash equivalents and restricted cash $ 135,569 $ 174,411