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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Activities    
Net income $ 59,605 $ 58,139
Depreciation and amortization 16,251 15,559
Stock-based compensation (Note 12) 2,629 4,187
Pension (income) expense (3,848) (2,208)
Deferred income tax benefit (Note 11) (83) (2,190)
Loss on asset dispositions, net 8 51
Pension contributions (Note 15) (1,832) (1,316)
Currency exchange losses, net 4,076 2,333
Changes in:    
Trade receivables (13,727) 12,132
Inventories (Note 5) (4,422) (14,946)
Accounts payable 8,502 6,175
Other current assets and liabilities (5,173) (26,328)
Other noncurrent assets and liabilities (153) (702)
Cash Flow From Operating Activities 61,833 50,886
Investing Activities    
Capital expenditures (10,784) (11,219)
Property disposals and other investing 18 0
Cash Flow Used in Investing Activities (10,766) (11,219)
Financing Activities    
Proceeds from long-term debt (Note 13) 246,000 326,000
Payments on long-term debt (Note 13) (253,466) (331,010)
Cash dividends paid (20,033) (18,490)
Company stock purchases (Note 8) (18,343) (5,838)
Exercise of stock options (Note 8) 230 253
Cash Flow Used in Financing Activities (45,612) (29,085)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 743 (8,676)
Change in cash, cash equivalents and restricted cash 6,198 1,906
Beginning cash, cash equivalents and restricted cash 165,097 148,408
Ending cash, cash equivalents and restricted cash 171,295 150,314
Supplemental cash flow information:    
Cash and cash equivalents 170,617 148,329
Restricted cash included in prepaid expenses and other current assets 678 1,985
Total cash, cash equivalents and restricted cash $ 171,295 $ 150,314