XML 31 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
OPERATING ACTIVITIES    
Net income$ 16,674$ 3,627$ 42,169$ 17,102
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in losses/(earnings) of associated companies7140411(58)
Depreciation14,40713,20442,93340,454
Amortization2,2612,2566,7506,486
Noncash interest expense188188565565
Provision for deferred income taxes, other credits and long-term liabilities(11,021)(2,825)(11,045)8,390
Provision for write-off of property, plant and equipment401161043,209
Gain on disposition of assets (2,454)(1,022)(2,454)
Excess tax benefit of options exercised(18)(12)(53)(12)
Compensation and benefits paid or payable in Class A Common Stock6791,7901,9694,799
Changes in operating assets and liabilities, net of business acquisitions and divestitures:    
Accounts receivable(17,091)(7,783)(10,186)(8,127)
Inventories4,0622,626(13,250)14,644
Prepaid expenses and other current assets281(3,289)(2,192)(5,319)
Accounts payable(2,897)(3,671)1,005(8,115)
Accrued liabilities9,2267,4875,136(1,206)
Income taxes payable5,738(431)10,597(110)
Other, net(96)(1,556)411(113)
Net cash provided by operating activities22,5049,31374,30270,135
INVESTING ACTIVITIES    
Purchases of property, plant and equipment(4,261)(4,029)(18,155)(17,944)
Purchased software(346)(644)(2,098)(2,590)
Proceeds from sale of assets 3,2092,8603,209
Acquisitions, net of cash acquired   (1,902)
Cash received from life insurance policy terminations   49,302
Net cash (used in)/provided by investing activities(4,607)(1,464)(17,393)30,075
FINANCING ACTIVITIES    
Proceeds from borrowings7415761,3856,728
Principal payments on debt(29,090)(12,369)(37,087)(82,124)
Proceeds from options exercised114(11)415125
Excess tax benefit of options exercised18125312
Debt issuance costs (4,471) (4,471)
Dividends paid(4,066)(3,729)(11,560)(11,148)
Net cash (used in) financing activities(32,283)(19,992)(46,794)(90,878)
Effect of exchange rate changes on cash and cash equivalents(12,892)8,880(2,648)(7,388)
(Decrease)/increase in cash and cash equivalents(27,278)(3,263)7,4671,944
Cash and cash equivalents at beginning of period157,046102,673122,30197,466
Cash and cash equivalents at end of period$ 129,768$ 99,410$ 129,768$ 99,410