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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ 30,356 $ (4,899)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 27,920 29,104
Amortization 8,469 10,539
Provision for doubtful accounts (1,462) 1,714
Deferred income taxes 206 11,863
Asset impairments 834 96
Gain on the sale of property, plant and equipment (60) (215)
Stock-based compensation expense 8,461 8,229
Other, net (652) 0
Changes in operating assets and liabilities, net of effects from business acquisition:    
Accounts receivable 121,171 (21,733)
Contract assets (20,986) (9,402)
Inventories (6,557) (54,342)
Prepaid expenses and other assets 2,944 2,493
Accounts payable (122,156) 12,620
Accrued liabilities 16,301 2,170
Income taxes (8,779) (5,530)
Net cash provided by (used in) operations 57,314 (17,293)
Cash flows from investing activities:    
Proceeds from sales of investments at par 50 522
Additions to property, plant and equipment (23,746) (50,437)
Proceeds from the sale of property, plant and equipment 231 237
Additions to purchased software (2,196) (2,496)
Business acquisitions, net of cash acquired 0 (2,731)
Other (29) (130)
Net cash used in investing activities (25,690) (55,035)
Cash flows from financing activities:    
Proceeds from stock options exercised 1,350 3,463
Employee taxes paid for shares withheld (1,318) (822)
Dividends paid (17,731) (14,235)
Borrowings under credit agreement 0 50,000
Principal payments on long-term debt (4,614) (107,758)
Share repurchases (118,350) (122,053)
Debt issuance costs 0 (2,303)
Net cash used in financing activities (140,663) (193,708)
Effect of exchange rate changes (1,021) (797)
Net decrease in cash and cash equivalents (110,060) (266,833)
Cash and cash equivalents at beginning of year 458,102 742,546
Cash and cash equivalents at end of period $ 348,042 $ 475,713