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Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities    
Net income $ 41,404 $ 26,652
Adjustments to reconcile net income to net cash from operating activites:    
Depreciation and amortization 28,822 26,082
Amortization of convertible debt discount 1,117 2,805
(Gain) loss on disposition of property, plant and equipment (607) 422
Stock compensation expense 4,294 3,546
Withholding taxes paid on stock issuances (664) (89)
Changes in assets and liabilities:    
Accounts receivable (24,875) (26,779)
Inventories (9,822) (8,674)
Prepaid expenses and other current assets 22 (2,680)
Accounts payable 8,051 12,353
Accrued liabilities 6,305 5,351
Deferred income taxes 1,650 (1,396)
Long-term retirement benefits (13,762) (7,389)
Other (1,593) 2,627
Net cash provided by operating activities 40,342 32,831
Investing activities:    
Proceeds from disposition of property, plant, and equipment 2,243 157
Capital expenditures (19,342) (15,060)
Other (4,236) (1,726)
Net cash used by investing activities (21,335) (16,629)
Financing activities:    
Net change in other borrowings (1,363) (2,565)
Payments on long-term debt (275,074) (137,493)
Proceeds from issuance of long-term debt 249,490 131,400
Premium paid on convertible debt redemption (9,803) 0
Proceeds from issuance of common stock 26,086 3,522
Common stock repurchases 0 (4,059)
Dividends paid (8,765) (8,787)
Excess tax benefit on stock awards 3,102 0
Other (131) (108)
Net cash used by financing activities (16,458) (18,090)
Effect of exchange rate changes on cash flows 578 (1,194)
Increase (decrease) in cash and cash equivalents 3,127 (3,082)
Cash and cash equivalents at beginning of period 13,450 17,427
Cash and cash equivalents at end of period $ 16,577 $ 14,345