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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Net (loss) income $ (2,401) $ 116,729 $ 112,872
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 93,453 84,119 81,987
Equity in undistributed earnings of associated companies, net of dividends (6,648) (2,733) (11,149)
Deferred income taxes (30,428) (10,033) (11,442)
Restructuring and related charges 35,130 6,530 7,588
Share-based compensation 13,611 14,991 14,605
Gain on disposal of property, plant, equipment and other assets (2,204) (810) (1,307)
Inventory step-up amortization 6,022 0 0
Impairment charges 88,840 0 0
Uncertain tax positions (non-deferred portion) (5,708) (2,372) (644)
Pension and other postretirement benefits (4,132) (4,460) (2,079)
Other adjustments (5,564) 6,280 7,124
Increase (decrease) in change in operating assets and liabilities, net of acquisitions      
Accounts receivable 24,232 24,975 32,169
Inventories (12,239) (3,244) 49,751
Prepaid expenses and other assets 3,069 (6,242) (21)
Accrued restructuring (26,598) (7,595) (9,786)
Accounts payable and accrued liabilities (30,268) (8,637) 5,937
Estimated taxes on (loss) income (1,714) (2,920) 3,415
Net cash provided by operating activities 136,453 204,578 279,020
Cash flows from investing activities      
Investments in property, plant and equipment (55,856) (41,794) (38,800)
Payments related to acquisitions, net of cash acquired (164,209) (39,302) 0
Proceeds from disposition of assets 2,995 4,676 11,179
Other investing activities 2,951 0 0
Net cash used in investing activities (214,119) (76,420) (27,621)
Cash flows from financing activities      
Payments of long-term debt (34,722) (57,221) (38,932)
Borrowings (payments) on revolving credit facilities, net 174,242 17,916 (164,769)
(Payments) borrowings on other debt, net (386) 1,441 (506)
Dividends paid (34,393) (33,170) (31,650)
Shares purchased under share repurchase program (41,521) (49,247) 0
Other stock related activity (1,387) (2,383) (2,749)
Net cash provided by (used in) financing activities 61,833 (122,664) (238,606)
Effect of foreign exchange rate changes on cash 6,782 (11,141) 771
Net (decrease) increase in cash and cash equivalents (9,051) (5,647) 13,564
Cash and cash equivalents at the beginning of the period 188,880 194,527 180,963
Cash and cash equivalents at the end of the period 179,829 188,880 194,527
Supplemental cash flow disclosures:      
Interest 42,788 44,536 54,892
Non-cash activities:      
Accrued purchases of property, plant and equipment, net $ 8,987 $ 12,654 $ 2,975