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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities    
Net income $ 31,189 $ 16,765
Loss from discontinued operations 0 (405)
Income from continuing operations 31,189 17,170
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,345 11,006
Stock compensation expense 4,828 3,191
Net gain on sale of assets (52) (39)
Exit activity recoveries, non-cash (662) (2,737)
Other, net 709 628
Changes in operating assets and liabilities, excluding the effects of acquisitions:    
Accounts receivable (22,048) (14,446)
Inventories (14,985) 2,245
Other current assets and other assets (2,840) (2,174)
Accounts payable 6,064 16,962
Accrued expenses and other non-current liabilities (16,351) (10,086)
Net cash (used in) provided by operating activities of continuing operations (3,803) 21,720
Cash Flows from Investing Activities    
Cash paid for acquisitions, net of cash acquired 0 (18,494)
Net proceeds from sale of property and equipment 2,929 12,778
Purchases of property, plant, and equipment (3,704) (3,274)
Net cash used in investing activities (775) (8,990)
Cash Flows from Financing Activities    
Long-term debt payments (400) (400)
Purchase of treasury stock at market prices (6,016) (1,003)
Net proceeds from issuance of common stock 526 247
Net cash used in financing activities (5,890) (1,156)
Effect of exchange rate changes on cash (1,069) 628
Net (decrease) increase in cash and cash equivalents (11,537) 12,202
Cash and cash equivalents at beginning of year 222,280 170,177
Cash and cash equivalents at end of period $ 210,743 $ 182,379