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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net (loss) earnings $ (11,897) $ (64,834) $ 19,197
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:      
Impairment of goodwill and other intangible assets 0 105,972 0
Depreciation and amortization 20,718 21,778 23,009 [1]
Stock-based compensation 3,030 2,817 2,815
Amortization of deferred financing costs 2,259 1,804 1,432
Deferred income taxes (315) (6,401) (356)
Unrealized losses (gains) on foreign currency revaluation 2,770 (3,063) (5,095)
Loss (gain) on disposal of property, plant and equipment 109 (2,583) 426
Other, net 1,897 864 3,209
Changes in operating assets and liabilities:      
Accounts receivable (2,948) 10,803 12,187
Inventories (6,160) (2,794) 12,951
Other current assets (2,423) (670) 846
Other assets (1,621) 297 2,161
Accounts payable (1,426) (588) (10,022)
Accrued expenses (1,861) (6,120) (3,113)
Other liabilities 16,566 (16,565) (295)
Income taxes payable 5,422 (2,114) 6,437
Net cash provided by operating activities 24,120 38,603 65,789
Cash flows from investing activities:      
Purchase of property, plant and equipment (6,425) (8,223) (9,891) [1]
Purchase of company-owned life insurance 0 (2,164) (2,820)
Proceeds from sale of marketable securities 0 2,164 2,820
Proceeds from disposal/sale of property, plant and equipment 76 5,839 77
Net cash used in investing activities (6,349) (2,384) (9,814)
Cash flows from financing activities:      
Dividends paid to common shareholders (3,281) (3,245) (3,238)
Deferred financing costs (2,012) (718) (15)
Borrowings under revolving credit line 6,000 0 12,500
Repayments under revolving credit line (6,000) 0 (35,500)
Reduction in notes payable (225) (126) (123)
Proceeds from long-term debt 125,000 0 0
Repayments of long-term debt (143,799) (43,389) (22,438)
Net cash used in financing activities (24,317) (47,478) (48,814)
Effect of exchange rate changes on cash 2,489 (370) 741
Net (decrease) increase in cash and cash equivalents (4,057) (11,629) 7,902
Cash and cash equivalents - beginning of year 73,411 85,040 77,138
Cash and cash equivalents - end of year 69,354 73,411 85,040
Cash paid during the year for:      
Income tax payments, net of refunds received 756 2,459 580
Interest payments $ 4,353 $ 4,843 $ 6,153
[1] (Revised)