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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Statement of Cash Flows [Abstract]    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 112,827 $ 103,507
Operating activities:    
Net income 29,733 33,992
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 23,617 25,100
(Gain) loss on disposition of property, plant and equipment (123) 91
Stock compensation expense 2,552 3,021
Seeger divestiture charges 6,620 0
Changes in assets and liabilities, net of the effects of divestitures:    
Accounts receivable 9,592 4,345
Inventories (12,788) 7,300
Prepaid expenses and other current assets (3,227) (2,670)
Accounts payable 1,328 (9,179)
Accrued liabilities (7,885) (4,708)
Deferred income taxes 462 (872)
Long-term retirement benefits (3,518) (3,428)
Other 821 68
Net cash provided by operating activities 47,184 53,060
Investing activities:    
Proceeds from disposition of property, plant and equipment 185 322
Proceeds from the sale of businesses, net of cash sold 36,879 0
Restricted Cash Provided by (Used in) Investing Activities (6,621) 0
Capital expenditures (11,912) (13,738)
Net cash provided (used) in investing activities 18,531 (13,416)
Financing activities:    
Net change in other borrowings 20,775 20,903
Payments on long-term debt (83,521) (152,195)
Proceeds from the issuance of long-term debt 50,000 102,990
Proceeds from the issuance of common stock 183 986
Common stock repurchases (15,550) 0
Dividends paid (8,133) (8,217)
Withholding taxes paid on stock issuances (84) (80)
Other (7,252) (1,340)
Net cash used in financing activities (43,582) (36,953)
Effect of exchange rate changes on cash flows (3,111) 97
Increase in cash and cash equivalents 19,022 $ 2,788
Cash and cash equivalents at beginning of period 93,805  
Cash and cash equivalents at end of period $ 112,827