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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:      
Income from continuing operations $ 94,284 $ 79,847 $ 80,985
Income (loss) from discontinued operations, net of tax 7,833 (58) 2,111
Net income 102,117 79,789 83,096
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 20,879 34,194 22,942
Depreciation and amortization 22,605 23,087 24,524
Changes to value of life insurance policies (2,899) (874) (6,112)
Deferred income taxes (36,345) 1,832 9,015
Realization of pension obligation (112) 2,257 (724)
Net (recovery) provision for doubtful accounts 754 692 (202)
Gain on sale of business (1,154)    
Gain on sale of discontinued operations (8,411)    
Other non-cash items (200) (159) 217
Changes in assets and liabilities, net of effects of acquisitions:      
Accounts receivable (3,191) 2,265 (18,565)
Inventories (3,892) (10,403) 446
Prepaid expenses and other current assets 3,561 (9,048) (4,549)
Other assets (46) 6,264 545
Accounts payable (3,757) (1,752) 8,721
Accrued expenses 8,067 (6,903) (6,775)
Other long-term liabilities (2,936) (11,239) 10,313
Unearned revenue (5,513) 1,825 1,379
Net cash provided by operating activities 89,527 111,827 124,271
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (22,269) (21,741) (18,775)
Patents and other intangibles (180) (1,190) (379)
Acquisitions, net of cash acquired   (47,314)  
Proceeds from sale of assets 887 882 702
Proceeds from sale of business 2,980    
Proceeds from sale of business of discontinued operations 14,789    
Premiums on life insurance (1,884) (1,276) (2,105)
Net cash used in investing activities (5,677) (70,639) (20,557)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayment of debt borrowings (123,000) (114,000) (130,000)
Proceeds from debt borrowings 138,000 178,000 140,000
Debt financing costs   (1,760)  
Dividends paid (97,574) (97,251) (97,143)
Repurchase of common shares (3,308) (7,451) (16,909)
Other financing activities 8 (10) (26)
Net cash used in financing activities (85,874) (42,472) (104,078)
NET CHANGE IN CASH AND CASH EQUIVALENTS (2,024) (1,284) (364)
CASH AND CASH EQUIVALENTS, beginning of year 13,116 14,400 14,764
CASH AND CASH EQUIVALENTS, end of year 11,092 13,116 14,400
Supplemental disclosures of cash flow information:      
Cash payments for interest 13,631 11,499 10,527
Cash payments for income taxes 13,804 31,928 24,314
Non-cash investing and financing activities:      
Capital expenditures incurred but not paid for as of the end of the year $ 222 $ 628 $ 744