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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities:    
Net (loss) income $ (19,068) $ 43,873
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 44,861 44,683
Loss (gain) on disposition of property, plant and equipment 47 (76)
Stock compensation expense 6,015 5,632
Non-cash goodwill impairment charge 68,194 0
Changes in assets and liabilities:    
Accounts receivable (30,232) (12,660)
Inventories (26,671) 89
Prepaid expenses and other current assets (5,165) (3,473)
Accounts payable 10,196 13,880
Accrued liabilities (30,674) 1,721
Deferred income taxes (1,261) (5,101)
Long-term retirement benefits (1,871) 889
Long-term tax liability (6,949) (6,949)
Other 1,097 3,213
Net cash provided by operating activities 8,519 85,721
Investing activities:    
Proceeds from disposition of property, plant and equipment 92 136
Capital expenditures (13,523) (17,567)
Other (1,645) 2,924
Net cash used by investing activities (15,076) (14,507)
Financing activities:    
Net change in other borrowings (1,372) (2,184)
Payments on long-term debt (70,369) (56,502)
Proceeds from the issuance of long-term debt 80,000 25,000
Proceeds from the issuance of common stock 246 210
Common stock repurchases (6,721) (5,229)
Dividends paid (16,192) (16,194)
Withholding taxes paid on stock issuances (154) (191)
Other (9,825) (3,477)
Net cash used by financing activities (24,387) (58,567)
Effect of exchange rate changes on cash flows (4,475) (1,252)
(Decrease) increase in cash, cash equivalents and restricted cash (35,419) 11,395
Cash, cash equivalents and restricted cash at beginning of period 111,909 91,468
Cash, cash equivalents and restricted cash at end of period 76,490 102,863
Cash and cash equivalents at end of period 72,278 91,134
Prepaid Expenses and Other Current Assets    
Financing activities:    
Restricted cash (2,122) (6,970)
Other Noncurrent Assets    
Financing activities:    
Restricted cash $ (2,090) $ (4,759)