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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net income $ 14,569 $ 11,766
Loss from discontinued operations 0 (3,686)
Income from continuing operations 14,569 15,452
Adjustments to reconcile income from continuing operations to net cash provided by (used for) operating activities:    
Depreciation, depletion and amortization 7,120 6,423
Amortization of deferred financing fees 167 185
Deferred income taxes 3,299 2,514
Other (3,138) (1,179)
Working capital changes:    
Affiliates receivable/payable 6,420 8,685
Accounts receivable (1,350) (7,351)
Inventories 857 533
Other current assets (2,062) (2,850)
Accounts payable 4,174 388
Income taxes receivable/payable (1,481) (121)
Other current liabilities (9,879) (8,165)
Net cash provided by operating activities of continuing operations 18,696 14,514
Net cash used for operating activities of discontinued operations 0 (16,261)
Net cash provided by (used for) operating activities 18,696 (1,747)
Investing activities    
Expenditures for property, plant and equipment (9,182) (5,700)
Proceeds from the sale of property, plant and equipment 274 1,453
Other 628 617
Net cash used for investing activities of continuing operations (8,280) (3,630)
Net cash used for investing activities of discontinued operations 0 (2,378)
Net cash used for investing activities (8,280) (6,008)
Financing activities    
Additions to long-term debt 691 193
Reductions of long-term debt (30,411) (24,814)
Cash dividends paid (2,289) (3,690)
Cash dividends received from Hamilton Beach Brands Holding Co. (See Note 10) 0 3,000
Net cash used for financing activities of continuing operations (32,064) (25,311)
Net cash provided by financing activities of discontinued operations 0 12,562
Purchase of treasury shares 55 0
Net cash used for financing activities (32,064) (12,749)
Effect of exchange rate changes on cash of discontinued operations 0 65
Cash and cash equivalents    
Total decrease for the period (21,648) (20,439)
Net change related to discontinued operations 0 6,012
Balance at the beginning of the period 101,600 69,308
Balance at the end of the period $ 79,952 $ 54,881