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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net income $ 8,176 $ 4,978
Loss from discontinued operations 0 (3,242)
Income from continuing operations 8,176 8,220
Adjustments to reconcile income from continuing operations to net cash used for operating activities:    
Depreciation, depletion and amortization 3,397 3,180
Amortization of deferred financing fees 84 93
Deferred income taxes 1,497 987
Other (3,426) (6,577)
Working capital changes:    
Affiliates receivable/payable (96) 2,679
Accounts receivable (321) (12,852)
Inventories (100) (339)
Other current assets (2,119) (2,561)
Accounts payable (1,135) 614
Income taxes receivable/payable (1,124) 232
Other current liabilities (12,862) (13,719)
Net cash used for operating activities of continuing operations (8,029) (20,043)
Net cash used for operating activities of discontinued operations 0 (22,161)
Net cash used for operating activities (8,029) (42,204)
Investing activities    
Expenditures for property, plant and equipment (2,452) (3,425)
Proceeds from the sale of property, plant and equipment 55 611
Other 309 198
Net cash used for investing activities of continuing operations (2,088) (2,616)
Net cash used for investing activities of discontinued operations 0 (1,220)
Net cash used for investing activities (2,088) (3,836)
Financing activities    
Additions to long-term debt 1,269 3,461
Reductions of long-term debt (8,205) (432)
Cash dividends paid (1,144) (1,827)
Cash dividends received from Hamilton Beach Brands Holding Co. (See Note 10) 0 3,000
Net cash (used for) provided by financing activities of continuing operations (8,080) 4,202
Net cash provided by financing activities of discontinued operations 0 17,263
Net cash (used for) provided by financing activities (8,080) 21,465
Effect of exchange rate changes on cash of discontinued operations 0 353
Cash and cash equivalents    
Total decrease for the period (18,197) (24,222)
Net change related to discontinued operations 0 5,765
Balance at the beginning of the period 101,600 69,308
Balance at the end of the period $ 83,403 $ 50,851