XML 28 R7.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:      
Income (loss) from continuing operations $ 72,310 $ (1,950) $ 29,540
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 47,830 26,200 10,820
Net income (loss) 120,140 24,250 40,360
Adjustments to reconcile income to net cash provided by operating activities, net of acquisition impact:      
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) 0 230 1,120
(Gain) loss on dispositions of assets (4,510) (1,000) 180
Depreciation 39,710 48,120 39,410
Amortization of intangible assets 17,320 16,800 18,180
Amortization of debt issue costs 950 960 930
Deferred income taxes (37,390) (3,240) (1,710)
Non-cash compensation expense 11,540 6,960 9,670
Provision for losses on accounts receivable (1,250) (1,000) 2,450
Asbestos-related (benefit) costs, net (27,770) 5,510 0
Provision for environmental liabilities 6,500 3,340 0
(Increase) decrease in receivables 1,780 (20,520) (5,520)
Increase in inventories (4,270) (21,200) (7,070)
Increase (Decrease) in Prepaid Expense and Other Assets 4,050 (2,340) 4,760
Increase (decrease) in accounts payable and accrued liabilities (2,360) 560 (14,520)
Other operating activities (6,990) 6,350 (80)
Net cash provided by operating activities 117,450 63,780 88,160
Cash Flows from Investing Activities:      
Capital expenditures (48,350) (50,960) (54,190)
Acquisition of businesses, net of cash acquired (37,730) 0 (77,340)
Cross-currency swap terminations 0 (3,760) (3,370)
Settlement of foreign currency exchange forward contract 0 3,760 0
Net proceeds from dispositions businesses, property and equipment 22,030 4,000 480
Net cash used for investing activities (64,050) (46,960) (134,420)
Cash Flows from Financing Activities:      
Proceeds from borrowings on revolving credit facilities 356,300 308,930 117,990
Repayments of borrowings on revolving credit facilities (289,850) (307,580) (117,430)
Debt financing fees and senior notes redemption premium (1,260) 0 0
Payments to purchase common stock (103,320) (19,270) (18,780)
Shares surrendered upon exercise and vesting of equity awards to cover taxes (2,000) (1,760) (2,700)
Dividends paid (6,610) (6,630) (6,700)
Other financing activities 290 (2,330) (3,320)
Net cash provided by (used for) financing activities (46,450) (28,640) (30,940)
Increase (decrease) for the year 6,950 (11,820) (77,200)
At beginning of year 23,070 34,890 112,090
At end of year 30,020 23,070 34,890
Supplemental disclosure of cash flow information:      
Cash paid for interest 18,760 18,730 14,320
Cash paid for income taxes 10,630 11,870 16,770
Non-cash property additions $ 5,170 $ 0 $ 0