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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities      
Net income (loss) $ (60,744) $ 37,590 $ 54,988
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Depreciation 22,411 21,312 20,818
Amortization 5,502 4,490 3,995
Provision for doubtful accounts 223 482 280
Provision for warranties 13,219 16,725 18,912
Deferred compensation provision (benefit) (1,554) (574) 1,742
Deferred income tax benefit (25,385) (291) (3,521)
Gain on disposition of fixed assets (71) (388) (224)
Stock-based compensation 2,182 3,142 2,936
Restructuring and asset impairment charges 13,060 0 0
Distributions to SERP participants (767) (206) (532)
Change in operating assets and liabilities, net of effects of acquisitions:      
Sale (purchase) of trading securities, net (758) 473 (1,873)
Trade and other receivables (16,189) (7,749) (4,895)
Inventories 30,757 (19,618) 30,839
Prepaid expenses (11,943) (5,181) 4,846
Other assets (3,698) (779) 2,069
Accounts payable 9,843 630 8,836
Customer deposits (522) 9,379 (762)
Accrued product warranty (17,539) (14,642) (15,125)
Income taxes payable 3,683 (597) 181
Accrued retirement benefit costs (1,100) 45 (50)
Accrued loss reserves (125) 122 229
Other accrued liabilities 8,887 (1,118) 11,142
Other 843 (1,366) (25)
Net cash provided (used) by operating activities (29,785) 41,881 134,806
Cash Flows from Investing Activities      
Business acquisition, net of cash acquired 0 (26,443) (39,764)
Proceeds from sale of property and equipment 375 480 614
Expenditures for property and equipment (27,440) (20,046) (27,367)
Sale (purchase) of investments (360) (891) 290
Net cash used by investing activities (27,425) (46,900) (66,227)
Cash Flows from Financing Activities      
Payment of dividends (9,625) (9,226) (9,217)
Borrowings under bank loans 148,504 0 5,973
Repayment of bank loans (91,964) (7,242) (5,903)
Purchase of shares of subsidiaries (28) (106) (696)
Sale (purchase) of Company shares by SERP, net 377 289 (153)
Withholding tax paid upon vesting of restricted stock units (432) (507) (1,024)
Repurchase of Company stock (24,138) 0 0
Net cash provided (used) by financing activities 22,694 (16,792) (11,020)
Effect of exchange rates on cash (1,943) 1,720 (250)
Increase (decrease) in cash and cash equivalents (36,459) (20,091) 57,309
Cash and cash equivalents, beginning of year 62,280 82,371 25,062
Cash and cash equivalents, end of year 25,821 62,280 82,371
Cash paid during the year for:      
Interest 856 588 1,407
Income taxes, net of refunds $ 8,523 $ 26,917 $ 28,455