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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ (13,649) $ 26,736
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:    
Depreciation and amortization 20,755 19,253
Provision for doubtful accounts 145 216
Provision for warranties 10,115 11,842
Deferred compensation benefit (441) (725)
Stock-based compensation 1,770 2,774
Deferred income tax provision (benefit) 1,587 (224)
Gain on disposition of fixed assets (249) (292)
Distributions to SERP participants (291) (206)
Change in operating assets and liabilities:    
Sale (purchase) of trading securities, net (628) 74
Trade and other receivables (7,512) 766
Inventories (37,841) (39,332)
Prepaid expenses and other assets 796 4,601
Accounts payable 14,047 2,820
Accrued pellet plant agreement costs 17,000 0
Accrued product warranty (14,480) (11,072)
Customer deposits 2,895 11,040
Prepaid and income taxes payable, net (11,055) (16,246)
Other (3,498) (1,276)
Net cash provided (used) by operating activities (20,534) 10,749
Cash flows from investing activities:    
Expenditures for property and equipment (17,518) (13,920)
Proceeds from sale of property and equipment 330 337
Other 83 (580)
Net cash used by investing activities (17,105) (14,163)
Cash flows from financing activities:    
Payment of dividends (7,149) (6,920)
Stock buy-back purchases (13,914) 0
Borrowings under bank loans 48,523 0
Repayments of bank loans (24,741) (6,583)
Sale of Company shares held by SERP 246 126
Withholding tax paid upon vesting of restricted stock units (432) (501)
Purchase of subsidiary shares (27) (31)
Net cash provided (used) by financing activities 2,506 (13,909)
Effect of exchange rates on cash (1,473) 1,331
Net change in cash and cash equivalents (36,606) (15,992)
Cash and cash equivalents, beginning of period 62,280 82,371
Cash and cash equivalents, end of period $ 25,674 $ 66,379