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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows provided by (used in) operating activities:      
Net income $ 153,351 $ 172,413 $ 182,391
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 143,058 142,192 148,089
Amortization of debt issuance costs 4,139 4,156 4,202
Rationalization charges 19,061 14,407 14,481
Stock compensation expense 13,018 12,077 12,425
Loss on early extinguishment of debt 0 0 1,474
Deferred income tax (benefit) provision 45,011 (13,278) 38,756
Other changes that provided (used) cash, net of effects from acquisitions:      
Trade accounts receivable, net (10,867) 12,287 3,652
Inventories 19,960 (97,576) (54,002)
Trade accounts payable 52,752 43,822 86,357
Accrued liabilities (20,145) 37,640 (8,336)
Other, net (24,787) 7,625 (81,245)
Net cash provided by operating activities 394,551 335,765 348,244
Cash flows provided by (used in) investing activities:      
Purchases of businesses, net of cash acquired 0 (690) (17,714)
Capital expenditures (191,893) (237,302) (140,429)
Proceeds from asset sales 11,555 903 1,273
Net cash used in investing activities (180,338) (237,089) (156,870)
Cash flows provided by (used in) financing activities:      
Borrowings under revolving loans 919,482 732,091 781,022
Repayments under revolving loans (797,106) (729,843) (805,565)
Changes in outstanding checks – principally vendors (22,819) 18,961 (3,732)
Proceeds from issuance of long-term debt 0 7,538 733,629
Repayments of long-term debt (67,412) (37,304) (754,834)
Debt issuance costs 0 0 (5,019)
Dividends paid on common stock (40,877) (39,741) (38,624)
Repurchase of common stock under stock plan (3,430) (2,892) (11,457)
Repurchase of common stock under share repurchase authorization (277,306) (170,132) (24,666)
Net cash used in financing activities (289,468) (221,322) (129,246)
Cash and cash equivalents:      
Net (decrease) increase (75,255) (122,646) 62,128
Balance at beginning of year 99,945 222,591 160,463
Balance at end of year 24,690 99,945 222,591
Interest paid, net 65,471 63,954 69,747
Income taxes paid, net of refunds $ 58,147 $ 49,690 $ 66,296