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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income (loss) $ 13,773 $ (23,641)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 9,319 9,541
Amortization 2,853 2,843
Provision for doubtful accounts (1,661) 0
Deferred income taxes 685 39,000
Gain (loss) on the sale of property, plant and equipment 2 (46)
Stock-based compensation expense 2,772 2,870
Leases 543 0
Changes in operating assets and liabilities, net of effects from business acquisition:    
Accounts receivable 64,176 33,419
Contract assets (16,943) (1,127)
Inventories (5,862) (38,210)
Prepaid expenses and other assets 3,056 5,944
Accounts payable (45,914) 2,337
Accrued liabilities (11,044) (9,116)
Income taxes 659 716
Net cash provided by operations 16,414 24,530
Cash flows from investing activities:    
Additions to property, plant and equipment (9,326) (20,059)
Proceeds from the sale of property, plant and equipment 1 57
Additions to purchased software (748) (818)
Other (98) (179)
Net cash used in investing activities (10,171) (20,999)
Cash flows from financing activities:    
Proceeds from stock options exercised 279 3,079
Employee taxes paid for shares withheld (1,236) (763)
Dividends paid (6,203) 0
Borrowings under credit agreement 0 50,000
Principal payments on long-term debt (274) (54,551)
Share repurchases (61,080) (58,381)
Equity forward contract related to accelerated share repurchase 0 (10,000)
Net used in financing activities (68,514) (70,616)
Effect of exchange rate changes (515) 866
Net decrease in cash and cash equivalents (62,786) (66,219)
Cash and cash equivalents at beginning of year 458,102 742,546
Cash and cash equivalents at end of period $ 395,316 $ 676,327