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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
OPERATING ACTIVITIES        
Net income $ 13,409 $ 9,680 $ 36,826 $ 19,799
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation 16,470 12,953 44,736 39,850
Amortization 1,975 1,790 6,488 5,431
Change in other noncurrent liabilities (275) (188) (6,282) (1,732)
Change in deferred taxes and other liabilities (1,712) 7,322 (640) 2,669
Provision for write-off of property, plant and equipment 333 (156) 1,409 259
Gain on disposition of assets (1,056)
Excess tax benefit of options exercised (11) (116) (603)
Compensation and benefits paid or payable in Class A Common Stock 350 290 1,882 1,285
Fair value adjustment on available-for-sale securities 3,225 3,225
Changes in operating assets and liabilities that provide/(use) cash, net of impact of business acquisition:        
Accounts receivable 4,794 5,100 (6,492) (4,387)
Inventories (5,511) (3,626) (12,886) (10,757)
Prepaid expenses and other current assets (481) 133 (3,302) (857)
Income taxes prepaid and receivable (100) (518) 1,737 (592)
Accounts payable (4,443) (3,126) (1,544) (4,467)
Accrued liabilities 4,418 3,381 (3,736) 861
Income taxes payable 4,932 3,910 3,999 3,987
Other, net (4,974) 1,723 (10,252) 6,330
Net cash provided by operating activities 29,174 41,893 51,827 59,245
INVESTING ACTIVITIES        
Purchase of business, net of cash acquired (187,000)
Purchases of property, plant and equipment (21,924) (9,023) (50,029) (39,689)
Purchased software (591) (252) (1,262) (589)
Proceeds from sale or involuntary conversion of assets 4,686 6,422 2,797
Net cash used in investing activities (17,829) (9,275) (231,869) (37,481)
FINANCING ACTIVITIES        
Proceeds from borrowings 13,265 5,198 232,795 44,818
Principal payments on debt (871) (37,354) (23,695) (47,100)
Debt acquisition costs (41) (1,771) (1,671)
Swap termination payment (5,175)
Proceeds from options exercised 64 75 454 1,799
Excess tax benefit of options exercised 11 116 603
Dividends paid (5,457) (5,441) (16,354) (15,646)
Net cash provided by/(used in) financing activities 7,012 (37,563) 186,370 (17,197)
Effect of exchange rate changes on cash and cash equivalents 1,788 (5,749) 4,729 (12,589)
Increase/(decrease) in cash and cash equivalents 20,145 (10,694) 11,057 (8,022)
Cash and cash equivalents at beginning of period 176,025 182,474 185,113 179,802
Cash and cash equivalents at end of period $ 196,170 $ 171,780 $ 196,170 $ 171,780