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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities:    
Net income $ 22,752 $ 13,472
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20,782 16,499
Amortization of convertible debt discount 731 582
Loss (gain) on disposition of property, plant and equipment 78 (54)
Stock compensation expense 1,865 12,657
Withholding taxes paid on stock issuances (463) (720)
Changes in assets and liabilities:    
Accounts receivable (32,802) (16,347)
Inventories 802 (968)
Prepaid expenses and other current assets (2,763) (235)
Accounts payable 9,676 7,144
Accrued liabilities (3,131) (16,679)
Deferred income taxes 3,834 485
Long-term retirement benefits (4,964) 801
Other 580 1,020
Net cash provided by operating activities 16,977 17,657
Investing activities:    
Proceeds from disposition of property, plant and equipment 382 44
Capital expenditures (15,074) (10,050)
Other (467) (1,420)
Net cash used by investing activities (15,159) (11,426)
Financing activities:    
Net change in other borrowings 559 8,737
Payments on long-term debt (26,151) (6,245)
Proceeds from the issuance of long-term debt 39,283 21,000
Payment of assumed liability to Otto Männer Holding AG (19,796) 0
Proceeds from the issuance of common stock 7,262 2,677
Common stock repurchases (8,389) (12,856)
Dividends paid (5,971) (5,443)
Excess tax benefit on stock awards 2,246 506
Other (76) (53)
Net cash (used) provided by financing activities (11,033) 8,323
Effect of exchange rate changes on cash flows (230) (1,038)
(Decrease) increase in cash and cash equivalents (9,445) 13,516
Cash and cash equivalents at beginning of period 70,856 86,356
Cash and cash equivalents at end of period $ 61,411 $ 99,872