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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income $ 19,742 $ 12,917
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 25,640 20,599
Equity in undistributed earnings of associated companies, net of dividends (2,830) (2,769)
Deferred income taxes (7,517) (3,340)
Share-based compensation 3,170 3,182
Restructuring and related charges, net 7,381 14,590
Gain on disposal of property, plant and equipment and other assets 0 (2,148)
Other adjustments 492 2,190
Increase (decrease) in cash from changes in current assets and current liabilities, net of acquisitions:    
Accounts receivable (25,480) (10,302)
Inventories (18,437) (13,457)
Prepaid expenses and other current assets (1,340) 245
Accrued restructuring (3,880) (9,045)
Accounts payable and accrued liabilities 6,845 (15,712)
Net cash provided by (used in) operating activities 3,786 (3,050)
Cash flows from investing activities    
Investments in property, plant and equipment (10,656) (12,329)
Payments related to acquisitions, net of cash acquired 0 (3,983)
Proceeds from disposition of assets 0 2,900
Other investing activities 1,126 0
Net cash used in investing activities (9,530) (13,412)
Cash flows from financing activities    
Payments of long-term debt (8,770) (8,523)
Borrowings on revolving credit facilities, net 14,053 30,000
Borrowings (payments) on other debt, net 1,857 (773)
Dividends paid (8,805) (8,572)
Other stock related activity (1,749) (1,176)
Net cash (used in) provided by financing activities (3,414) 10,956
Effect of foreign exchange rate changes on cash (943) 2,849
Net decrease in cash and cash equivalents (10,101) (2,657)
Cash and cash equivalents at the beginning of the period 179,829 188,880
Cash and cash equivalents at the end of the period 169,728 186,223
Non-cash activities:    
Accrued purchases of property, plant and equipment, net $ 7,794 $ 5,549