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CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES        
Net income $ 1,233 $ 10,101 $ 12,207 $ 23,417
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation 15,201 15,142 29,845 28,266
Amortization 2,632 2,817 5,281 4,513
Change in other noncurrent liabilities (758) (3,371) (2,354) (4,735)
Change in deferred taxes and other liabilities (6,745) (1,457) (7,357) 1,072
Provision for write-off of property, plant and equipment 534 484 830 1,076
Non-cash interest expense 212 423
Compensation and benefits paid or payable in Class A Common Stock 681 668 1,670 1,532
Changes in operating assets and liabilities that provided/(used) cash, net of impact of business acquisition:        
Accounts receivable (14,395) (10,384) (15,136) (11,286)
Inventories 1,655 (6,027) (13,266) (7,375)
Prepaid expenses and other current assets (651) 2,561 (2,568) (2,821)
Income taxes prepaid and receivable (2,817) 3,732 (2,817) 1,837
Accounts payable (1,459) 1,267 2,065 2,899
Accrued liabilities 10,071 689 (900) (8,154)
Income taxes payable 1,978 2,903 (508) (933)
Contract receivables (3,621) (7,768) (7,536) (7,768)
Other, net 4,638 7,291 3,938 2,490
Net cash provided by operating activities 8,389 18,648 3,817 24,030
INVESTING ACTIVITIES        
Purchase of business, net of cash acquired (187,000) (187,000)
Purchases of property, plant and equipment (21,360) (20,112) (46,405) (28,105)
Purchased software (353) (589) (391) (671)
Proceeds from sale or involuntary conversion of assets 1,736 1,736
Net cash used in investing activities (21,713) (205,965) (46,796) (214,040)
FINANCING ACTIVITIES        
Proceeds from borrowings 16,114 207,134 32,259 219,530
Principal payments on debt (540) (426) (21,142) (22,824)
Debt acquisition costs (1,571) (1,771)
Swap termination payment (5,175) (5,175)
Taxes paid in lieu of share issuance (1,364) (1,272)
Proceeds from options exercised 100 185 175 390
Dividends paid (5,467) (5,454) (10,926) (10,897)
Net cash (used in)/provided by financing activities 10,207 194,693 (998) 177,981
Effect of exchange rate changes on cash and cash equivalents (1,424) (966) 1,027 2,941
(Decrease)/increase in cash and cash equivalents (4,541) 6,410 (42,950) (9,088)
Cash and cash equivalents at beginning of period 143,333 169,615 181,742 185,113
Cash and cash equivalents at end of period $ 138,792 $ 176,025 $ 138,792 $ 176,025