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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]        
Net income $ 31,440 $ 32,449 $ 59,050 $ 40,043
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation 15,971 15,498 32,560 31,004
Amortization 2,280 2,456 4,573 5,020
Change in deferred taxes and other liabilities 974 3,543 5,416 9,360
Impairment of property, plant and equipment 353 36 538 233
Non-cash interest expense 265 20 310 171
Compensation and benefits paid or payable in Class A Common Stock 1,639 1,198 1,626 516
Provision for credit losses from uncollected receivables and contract assets 27 114 (83) 1,769
Foreign currency remeasurement (gain)/loss on intercompany loans (723) 194 (1,031) 15,581
Fair value adjustment on foreign currency options 1 0 140 64
Changes in operating assets and liabilities that provided/(used) cash:        
Accounts receivable (129) 11,511 (3,365) 8,117
Contract assets 9,539 (11,169) 25,643 (20,009)
Inventories (1,821) (4,878) (10,384) (24,628)
Prepaid expenses and other current assets (606) (301) (1,505) (2,457)
Income taxes prepaid and receivable 1,156 29 (309) (208)
Accounts payable (4,580) (9,337) 4,608 (10,383)
Accrued liabilities 2,062 4,171 (17,423) (10,901)
Income taxes payable 4,121 5,526 (3,956) 1,955
Noncurrent receivables 1,099 628 1,587 397
Other noncurrent liabilities (2,166) (464) (4,263) (524)
Other, net 1,051 (552) 1,908 (1,086)
Net cash provided by operating activities 61,953 50,672 95,640 44,034
INVESTING ACTIVITIES        
Purchases of property, plant and equipment (10,302) (9,212) (22,836) (21,971)
Purchased software (286) 0 (288) (46)
Net cash used in investing activities (10,588) (9,212) (23,124) (22,017)
FINANCING ACTIVITIES        
Proceeds from borrowings 0 0 8,000 70,000
Principal payments on debt (34,002) (56,005) (56,009) (59,011)
Principal payments on finance lease liabilities (355) (329) (704) (6,463)
Taxes paid in lieu of share issuance 0 0 (998) (490)
Proceeds from options exercised 21 20 149 20
Dividends paid (6,474) (6,141) (12,942) (12,280)
Net cash used in financing activities (40,810) (62,455) (62,504) (8,224)
Effect of exchange rate changes on cash and cash equivalents 4,904 2,352 2,002 (5,296)
Increase/(decrease) in cash and cash equivalents 15,459 (18,643) 12,014 8,497
Cash and cash equivalents at beginning of period 237,871 222,680 241,316 195,540
Cash and cash equivalents at end of period $ 253,330 $ 204,037 $ 253,330 $ 204,037