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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net income (loss) $ (6,570) $ 718
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 11,155 12,081
Loss on asset sales and disposals 23 61
Change in accounts receivable 1,961 7,217
Change in inventories (3,827) (12,467)
Change in accounts payable (3,921) (5,589)
Accrued interest and amortization of discounts and finance fees 378 (2,220)
Pension & non-pension postretirement benefits, net 2,116 (101)
Accrued liabilities & prepaid expenses (4,545) (1,616)
Income taxes (4,236) (2,965)
Share-based compensation expense 832 1,816
Other operating activities 320 (1,436)
Net cash used in operating activities (6,314) (4,501)
Investing activities:    
Additions to property, plant and equipment (11,952) (9,855)
Net cash used in investing activities (11,952) (9,855)
Financing activities:    
Borrowings on ABL credit facility 0 6,000
Repayments on ABL credit facility 0 (6,000)
Other repayments (169) (171)
Repayments on Term Loan B (6,100) (6,100)
Stock options exercised 0 1,029
Taxes paid on distribution of equity awards (423) (473)
Dividends (2,577) (2,515)
Treasury shares purchased 0 (1,197)
Net cash used in financing activities (9,269) (9,427)
Effect of exchange rate fluctuations on cash 267 309
Decrease in cash (27,268) (23,474)
Cash & cash equivalents at beginning of period 61,011 49,044
Cash & cash equivalents at end of period 33,743 25,570
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 4,504 7,318
Cash paid during the period for income taxes $ 779 $ 1,544