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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Income (loss) from continuing operations $ 20,219 $ (97,073) $ 94,284
Income (loss) from discontinued operations, net of income tax 0 (424) 7,833
Net income (loss) 20,219 (97,497) 102,117
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Stock-based compensation 19,093 7,394 20,879
Depreciation and amortization 18,516 20,867 22,605
Impairments, inventory write-down and other charges 0 132,579 0
Changes in value of life insurance policies (2,672) (894) (2,899)
Deferred income taxes 6,012 (12,216) (36,345)
Realization of pension obligation (234) 188 (112)
Net provision for credit losses (256) 1,618 754
Gain on sale of business (1,012) 0 (1,154)
(Gain) loss on sale of discontinued operations 0 573 (8,411)
Other non-cash items (2,524) (683) (200)
Changes in assets and liabilities, net of effects of acquisitions and divestures:      
Accounts receivable (13,522) 46,421 (3,191)
Inventories (4,547) 1,471 (3,892)
Prepaid expenses and other current assets (1,845) (2,296) (3,561)
Other assets (523) (1,905) (46)
Accounts payable 6,568 (12,838) (3,757)
Accrued expenses (8,759) 602 8,067
Unearned revenue 2,308 (7,924) (5,513)
Other liabilities (3,933) (17,592) (2,936)
Net cash provided by operating activities 36,579 57,868 89,527
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (13,539) (11,880) (22,269)
Patents and other intangibles (318) (498) (180)
Distribution received from life insurance policies 0 20,443 0
Proceeds from sale of assets 678 1,734 887
Proceeds from sale of business, net of cash sold 873 0 2,980
Proceeds from insurance recovery 726 0 0
Proceeds (payment) from sale of discontinued operations 0 (225) 14,789
Net proceeds (premiums) on life insurance policies 1,357 (1,723) (1,884)
Net cash provided by (used in) investing activities (10,223) 7,851 (5,677)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayment of long-term debt (226,000) (102,000) (123,000)
Proceeds from long-term debt 155,000 56,000 138,000
Proceeds from Issuance of Common Stock 60,000 0 0
Transaction costs on the issuance of common shares (861) 0 0
Debt financing costs 0 (1,536) 0
Dividends paid (1,834) (12,446) (97,574)
Repurchase of common shares (8,256) (2,793) (3,308)
Other financing activities (508) (230) 8
Net cash used in financing activities (22,459) (63,005) (85,874)
NET CHANGE IN CASH AND CASH EQUIVALENTS 3,897 2,714 (2,024)
CASH AND CASH EQUIVALENTS, beginning of year 13,806 11,092 13,116
CASH AND CASH EQUIVALENTS, end of year 17,703 13,806 11,092
Supplemental disclosures of cash flow information:      
Cash payments for interest 10,477 11,669 13,631
Cash payments for income taxes 9,066 21,325 13,804
Non-cash investing and financing activities:      
Capital expenditures incurred but not paid for as of the end of the year $ 1,361 $ 1,064 $ 222