XML 43 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
OPERATING ACTIVITIES        
Net income $ 9,680 $ 11,774 $ 19,799 $ 33,644
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation 12,953 13,737 39,850 42,120
Amortization 1,790 1,999 5,431 5,621
Change in long-term liabilities, deferred taxes and other credits 7,134 (2,637) 937 95
Provision for write-off of property, plant and equipment (156) $ 557 259 1,286
Fair value adjustment on available-for-sale assets $ 3,225 3,225  
Gain on disposition or involuntary conversion of assets (1,056) (961)
Excess tax benefit of options exercised $ (16) (603) (161)
Compensation and benefits paid or payable in Class A Common Stock $ 290 213 1,285 1,160
Changes in operating assets and liabilities that provide/(use) cash:        
Accounts receivable 5,100 (4,368) (4,387) 9,929
Inventories (3,626) (1,279) (10,757) (12,238)
Prepaid expenses and other current assets 133 661 (857) 275
Income taxes prepaid and receivable (518) 100 (592) 114
Accounts payable (3,126) (2,128) (4,467) (2,867)
Accrued liabilities 3,381 4,414 861 (8,265)
Income taxes payable 3,910 1,819 3,987 760
Other, net 1,723 (2,383) 6,330 (6,512)
Net cash provided by operating activities 41,893 22,463 59,245 64,000
INVESTING ACTIVITIES        
Purchases of property, plant and equipment (9,023) (18,704) (39,689) (46,106)
Purchased software $ (252) $ (189) (589) (504)
Proceeds from sale or involuntary conversion of assets 2,797 961
Net cash used in investing activities $ (9,275) $ (18,893) (37,481) (45,649)
FINANCING ACTIVITIES        
Proceeds from borrowings 5,198 5,420 44,818 10,090
Principal payments on debt (37,354) $ (6,815) (47,100) $ (30,924)
Debt acquisition costs (41) (1,671)
Proceeds from options exercised $ 75 $ 223 1,799 $ 610
Excess tax benefit of options exercised 16 603 161
Dividends paid $ (5,441) (5,094) (15,646) (14,633)
Net cash used in financing activities (37,563) (6,250) (17,197) (34,696)
Effect of exchange rate changes on cash and cash equivalents (5,749) (8,695) (12,589) (10,860)
Decrease in cash and cash equivalents (10,694) (11,375) (8,022) (27,205)
Cash and cash equivalents at beginning of period 182,474 206,836 179,802 222,666
Cash and cash equivalents at end of period $ 171,780 $ 195,461 $ 171,780 $ 195,461