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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Cash flows from operating activities:      
Net income $ 55,487 $ 14,664 $ 30,498
Adjustments to reconcile net income to net cash provided by operating acitivites:      
Depreciation 20,079 20,479 18,704
Amortization 38,469 34,830 25,175
Stock-based compensation 8,472 8,375 7,499
Deferred income taxes (40,021) (2,871) 2,251
Gain on sale of facility 0 (1,890) 0
Income tax benefit of stock option exercises 0 203 3,961
Excess tax benefit from stock option exercises 0 (483) (4,081)
Loss on early extinguishment of debt 0 254 0
Increase (decrease) in cash flows from changes in assets and liabilities, net of acquired assets      
Accounts receivable (13,631) (6,380) (9,643)
Inventories (3,926) 3,103 (18,581)
Accounts payable (286) 2,094 11,508
Income taxes 4,288 (200) (1,357)
Accrued compensation and benefits 336 (2,598) (3,964)
Other assets (22,401) (23,234) (12,005)
Other liabilities 18,700 (6,465) 952
Total operating 10,079 25,217 20,419
Net cash provided by operating activities 65,566 39,881 50,917
Cash flows from investing activities:      
Payments related to business acquisitions and asset acquisitions, net of cash acquired (16,212) (256,450) (9,353)
Proceeds from sale of a facility 0 5,178 0
Purchases of property, plant and equipment (12,842) (14,753) (15,009)
Net cash used in investing activities (29,054) (266,025) (24,362)
Cash flows from financing activities:      
Excess tax benefit from stock option exercises 0 483 4,081
Payments on term loan (8,750) (8,750) 0
Proceeds from term loan 0 175,000 0
Payments on revolving line of credit (157,000) (162,347) (112,000)
Proceeds from revolving line of credit 155,000 225,000 142,680
Payments related to distribution agreement 0 (16,667) (16,667)
Payments on mortgage notes (1,452) (1,339) (1,234)
Payments related to debt issuance costs 0 (5,556) (1,485)
Dividends paid on common stock (22,307) (22,213) (22,105)
Other, net (372) (1,068) (5,892)
Net cash provided by (used in) financing activities (34,881) 182,543 (12,622)
Effect of exchange rate changes on cash and cash equivalents 3,563 (1,475) (7,761)
Net increase (decrease) in cash and cash equivalents 5,194 (45,076) 6,172
Cash and cash equivalents at beginning of year 27,428 72,504 66,332
Cash and cash equivalents at end of year 32,622 27,428 72,504
Non-cash investing and financing activities:      
Contractual obligations for acquisition of a business 0 0 440
Dividends payable 5,592 5,566 5,542
Cash paid during the year for:      
Interest 16,157 13,758 5,434
Income taxes $ 8,869 $ 9,588 $ 10,261