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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities    
Net (loss) income $ (150,173) $ 35,542
Depreciation and amortization 14,572 14,165
Tax-effected loss on divestiture of MSA LLC (Note 17) 199,578 0
Stock-based compensation (Note 11) 6,270 3,730
Pension income (Note 14) (2,020) (2,652)
Deferred income tax benefit (Note 10) (237) (572)
Loss on asset dispositions, net 739 4
Pension contributions (Note 14) (2,046) (1,914)
Currency exchange losses, net 4,175 3,271
Product liability expense (Note 17) 3 2,772
Collections on insurance receivables and notes receivable, insurance companies (Note 17) 0 3,865
Product liability payments (Note 17) (5,250) (1,758)
Contribution on divestiture of MSA LLC (Note 17) (341,186) 0
Changes in:    
Trade receivables 21,662 13,365
Inventories (Note 4) (7,404) (40,816)
Accounts payable (7,320) 1,408
Other current assets and liabilities (18,041) (6,858)
Other noncurrent assets and liabilities 769 971
Cash Flow (Used in) From Operating Activities (285,909) 24,523
Investing Activities    
Capital expenditures (8,402) (7,976)
Proceeds from maturities of short-term investments (Note 16) 0 29,000
Purchase of short-term investments (Note 16) 0 (19,973)
Property disposals and other investing 35 0
Cash Flow (Used in) From Investing Activities (8,367) 1,051
Financing Activities    
Proceeds from long-term debt (Note 12) 801,000 263,000
Payments on long-term debt (Note 12) (505,588) (258,000)
Cash dividends paid (18,045) (17,292)
Company stock purchases (Note 7) (3,687) (3,659)
Exercise of stock options (Note 7) 4 51
Debt issuance costs (913) 0
Cash Flow From (Used in) Financing Activities 272,771 (15,900)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2,287) (3,361)
(Decrease) increase in cash, cash equivalents and restricted cash (23,792) 6,313
Beginning cash, cash equivalents and restricted cash 164,428 141,438
Ending cash, cash equivalents and restricted cash 140,636 147,751
Supplemental cash flow information:    
Cash and cash equivalents 138,906 147,300
Restricted cash included in prepaid expenses and other current assets 1,730 451
Total cash, cash equivalents and restricted cash $ 140,636 $ 147,751