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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Income (loss) from continuing operations $ (114,013) $ 59,784
Income (loss) from discontinued operations, net of tax   8,230
Net income (loss) (114,013) 68,014
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 13,395 14,341
Depreciation and amortization 10,866 11,373
Changes to value of life insurance policies 1,490 (2,219)
Deferred income taxes (7,554) (35,116)
Gain on sale of business   (1,154)
Gain on sale of discontinued operations   (8,808)
Impairments, inventory write-down and other charges 132,136  
Other non-cash items 927 292
Changes in assets and liabilities, net of effect of acquisitions:    
Accounts receivable 29,072 (6,321)
Inventories (1,298) (2,915)
Prepaid expenses and other current assets 956 3,484
Other assets 2,634 (2,284)
Accounts payable (12,211) 947
Accrued expenses 2,294 11,647
Unearned revenues (2,868) (4,824)
Other long-term liabilities (6,805) (4,221)
Net cash provided by operating activities 49,021 42,236
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (6,406) (12,230)
Patents and other intangibles (272) 105
Proceeds from sale of assets 435 440
Proceeds from sale of business   2,980
Proceeds from sale of discontinued operations   16,642
Premiums on life insurance (913) (883)
Net cash provided by (used in) investing activities (7,156) 7,054
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of debt borrowings (46,000) (68,000)
Proceeds from debt borrowings 27,000 68,000
Dividends paid (11,556) (48,769)
Repurchase of common shares (1,436) (1,091)
Other financing activities (7)  
Net cash used in financing activities (31,999) (49,860)
NET CHANGE IN CASH AND CASH EQUIVALENTS 9,866 (570)
CASH AND CASH EQUIVALENTS, beginning of period 11,092 13,116
CASH AND CASH EQUIVALENTS, end of period 20,958 12,546
Supplemental disclosures of cash flow information:    
Cash payments for interest 5,911 6,786
Cash payments for income taxes $ 4,370 $ 7,269