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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net earnings $ 59,288 $ 58,239
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 33,485 33,460
Stock compensation expense 5,717 5,208
Deferred income taxes (198) (140)
Provision for (recovery of) doubtful accounts 896 (12)
Foreign currency transaction loss 21 (134)
Asset impairment charge 114 1,671
Gain on disposal of assets (3,220) (3,093)
Changes in assets and liabilities    
Accounts receivable 8,340 (9,226)
Inventories (6,017) (10,538)
Prepaid expenses and other current assets (784) 1,315
Accounts payable and accrued expenses (145) 5,426
Income taxes (5,955) (3,903)
Other (48) 912
Net cash provided by operating activities 91,494 79,185
Cash flows from investing activities:    
Cash paid for acquisition, net of cash acquired (94,690) (17,399)
Capital expenditures and intangible assets acquired (21,669) (13,691)
Proceeds from insurance 2,727 4,165
Proceeds from sales of business and assets 11,523 576
Purchase of convertible note (1,000) 0
Net cash used in investing activities (103,109) (26,349)
Cash flows from financing activities:    
Proceeds from revolving loan 123,569 210,750
Principal payments on revolving loan (61,000) (32,750)
Principal payments on long-term debt 0 (219,500)
Principal payments on acquired debt (12,222) (19)
Cash paid for financing costs 0 (1,374)
Proceeds from stock options exercised 3,734 8,133
Dividends paid (15,135) (13,428)
Purchase of treasury stock (21,321) (1,223)
Net cash provided by (used in) financing activities 17,625 (49,411)
Effect of exchange rate changes on cash (874) (1,170)
Increase in cash and cash equivalents 5,136 2,255
Cash and cash equivalents beginning of period 54,268 40,416
Cash and cash equivalents end of period $ 59,404 $ 42,671