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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
OPERATING ACTIVITIES        
Net income/(loss) $ (2,120) $ 11,177 $ 10,119 $ 21,870
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:        
Depreciation 13,373 14,276 26,897 28,383
Amortization 1,811 1,821 3,641 3,622
Change in long-term liabilities, deferred taxes and other credits (5,920) 2,946 (6,197) 2,732
Provision for write-off of property, plant and equipment $ 263 728 415 729
Gain on disposition or involuntary conversion of assets   (961) (1,056) (961)
Excess tax benefit of options exercised $ (342) (106) (603) (145)
Compensation and benefits paid or payable in Class A Common Stock 419 405 995 947
Changes in operating assets and liabilities that provide/(use) cash:        
Accounts receivable 4,212 3,333 (9,487) 14,297
Inventories (4,061) (1,963) (7,131) (10,959)
Prepaid expenses and other current assets 1,715 1,762 (990) (386)
Income taxes prepaid and receivable (158) (7) (74) 14
Accounts payable (4,853) 555 (1,341) (739)
Accrued liabilities (933) 170 (2,520) (12,679)
Income taxes payable 475 651 77 (1,059)
Other, net 7,062 (2,098) 4,607 (4,129)
Net cash provided by operating activities 10,943 32,689 17,352 41,537
INVESTING ACTIVITIES        
Purchases of property, plant and equipment (18,455) (12,799) (30,666) (27,402)
Purchased software $ (304) (21) (337) (315)
Proceeds from sale or involuntary conversion of assets   961 2,797 961
Net cash used in investing activities $ (18,759) (11,859) (28,206) (26,756)
FINANCING ACTIVITIES        
Proceeds from borrowings 24,346 235 39,620 4,670
Principal payments on debt (4,303) $ (17,593) (9,746) $ (24,109)
Debt acquisition costs (1,630)   (1,630)  
Proceeds from options exercised 1,039 $ 261 1,724 $ 387
Excess tax benefit of options exercised 342 106 603 145
Dividends paid (5,107) (4,774) (10,205) (9,539)
Net cash provided by/(used in) financing activities 14,687 (21,765) 20,366 (28,446)
Effect of exchange rate changes on cash and cash equivalents 4,765 (608) (6,840) (2,165)
Increase/(decrease) in cash and cash equivalents 11,636 (1,543) 2,672 (15,830)
Cash and cash equivalents at beginning of period 170,838 208,379 179,802 222,666
Cash and cash equivalents at end of period $ 182,474 $ 206,836 $ 182,474 $ 206,836