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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows From Operating Activities    
Net income $ 47,020 $ 41,397
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 83,676 78,315
Deferred compensation 2,729 (856)
Realized and unrealized gains on long-term investments (3,740) (2,598)
Stock-based compensation 4,480 3,677
Deferred income taxes (363) 12,636
Other non-cash items 1,756 1,132
Changes in assets and liabilities:    
Receivables, net (21,688) 25,838
Inventories (39,003) 122,714
Other current assets (5,995) (10,239)
Accounts payable and accrued liabilities 27,455 (152,096)
Pension liabilities (1,355) (1,474)
Environmental and legal liabilities 818 (10,817)
Deferred revenues (2,023) (1,730)
Net Cash Provided By Operating Activities 93,767 105,899
Cash Flows From Investing Activities    
Expenditures for property, plant and equipment (86,572) (213,597)
Other, net 5,831 1,669
Net Cash Used In Investing Activities (80,741) (211,928)
Cash Flows From Financing Activities    
Revolving debt and bank overdrafts, net (Note 14) 83,004 91,003
Other debt repayments (Note 14) (48,571) (28,572)
Dividends paid (25,289) (24,479)
Stock option exercises 1,023 2,386
Other, net (3,238) (3,701)
Net Cash Provided By Financing Activities 6,929 36,637
Effect of Exchange Rate Changes on Cash (2,498) 1,150
Net Increase (Decrease) in Cash and Cash Equivalents 17,457 (68,242)
Cash and Cash Equivalents at Beginning of Period 129,823 173,750
Cash and Cash Equivalents at End of Period 147,280 105,508
Supplemental Cash Flow Information    
Cash payments of income taxes, net of refunds 8,482 26,526
Cash payments of interest $ 21,513 $ 20,929