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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net (loss) earnings $ (64,834) $ 19,197 $ 8,603
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:      
Impairment of goodwill and other intangible assets 105,972 0 0
Depreciation and amortization 21,778 23,009 [1] 20,367 [1]
Stock-based compensation 2,817 2,815 2,717
Amortization of deferred financing costs 1,804 1,432 699
Deferred income taxes (6,401) (356) (2,691)
Realized and unrealized gains on foreign currency revaluation (3,063) (5,095) (4,313)
(Gain) loss on disposal of property, plant and equipment (2,583) 426 273
Other, net 864 3,209 389
Changes in operating assets and liabilities:      
Accounts receivable 10,803 12,187 1,382
Inventories (2,794) 12,951 9,121
Other current assets (670) 846 693
Other assets 297 2,161 (450)
Account payable (588) (10,022) (3,890)
Accrued expenses (6,120) (3,113) (10,170)
Other liabilities (16,565) (295) 423
Income taxes payable (2,114) 6,437 (696)
Net cash provided by operating activities 38,603 65,789 22,457
Cash flows from investing activities:      
Purchase of property, plant and equipment (8,223) (9,891) [1] (9,042) [1]
Purchase of marketable securities 0 0 (2,936)
Purchase of company-owned life insurance (2,164) (2,820) (2,820)
Payments for acquisitions, net of cash acquired 0 0 (208,693)
Proceeds from cash surrender of COLI policies 0 0 5,756
Proceeds from sale of marketable securities 2,164 2,820 0
Proceeds from disposal/sale of property, plant and equipment 5,839 77 65
Net cash used in investing activities (2,384) (9,814) (217,670)
Cash flows from financing activities:      
Dividends paid to common shareholders (3,245) (3,238) (3,160)
Deferred financing costs (718) (15) (5,756)
Borrowings under revolving credit line 0 12,500 23,000
Repayments under revolving credit line 0 (35,500) (12,000)
Reduction in notes payable (126) (123) (161)
Proceeds from long-term debt 0 0 215,000
Repayments of long-term debt (43,389) (22,438) (5,375)
Net cash (used in) provided by financing activities (47,478) (48,814) 211,548
Effect of exchange rate changes on cash (370) 741 (1,320)
Net (decrease) increase in cash and cash equivalents (11,629) 7,902 15,015
Cash and cash equivalents - beginning of year 85,040 77,138 62,123
Cash and cash equivalents - end of year 73,411 85,040 77,138
Cash paid during the year for:      
Income tax payments, net of refunds received 2,459 580 4,686
Interest payments 4,843 6,153 3,210
Details of acquisition (see Note 2):      
Fair value of identifiable net assets acquired 0 0 130,747
Goodwill 0 0 105,402
Fair value of net assets acquired 0 0 236,149
Fair value of consideration transferred 0 0 236,149
Less: Cash acquired in acquisition 0 0 (27,456)
Cash paid for acquisition, net of cash acquired $ 0 $ 0 $ 208,693
[1] (Revised)