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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES      
Net earnings $ 67,500,000 $ 73,300,000 $ 80,200,000
Adjustments to reconcile net earnings to cash provided by operating activities:      
Depreciation 29,600,000 25,500,000 22,700,000
Amortization expense (including debt issuance costs) 9,900,000 9,800,000 3,900,000
Deferred income tax (benefit) expense (1,300,000) 4,800,000 (19,600,000)
Loss on extinguishment of debt 400,000 1,400,000 0
Pension settlement charges 21,000,000.0 5,700,000 2,200,000
Inventory obsolescence 2,000,000.0 1,700,000 1,900,000
Unrealized foreign currency losses 2,000,000.0 500,000 1,300,000
Stock-based compensation 10,800,000 9,200,000 9,700,000
Intangible asset impairment charge 6,500,000 0 0
Non-cash write-off of property, plant and equipment 0 0 16,300,000
Other non-cash items 1,800,000 2,800,000 1,800,000
Changes in assets and liabilities, net of effects of acquisitions:      
Customer receivables 13,000,000.0 (25,000,000.0) (5,500,000)
Inventories (20,900,000) (16,200,000) (4,000,000.0)
Prepaid and other current assets 6,200,000 (3,500,000) (3,400,000)
Accounts payable (1,400,000) 12,500,000 12,100,000
Other current liabilities (8,900,000) 13,600,000 (15,900,000)
Other noncurrent assets and liabilities 0 (7,900,000) 0
Cash provided by operating activities 138,200,000 108,200,000 103,700,000
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (49,900,000) (40,300,000) (40,600,000)
Purchase of businesses, net of cash acquired (30,900,000) (308,000,000.0) 0
Proceeds from sales of assets 100,000 0 0
Cash used in investing activities (80,700,000) (348,300,000) (40,600,000)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from revolving credit facility 417,500,000 490,500,000 310,000,000.0
Repayment of revolving credit facility (413,500,000) (383,000,000.0) (338,000,000.0)
Proceeds from term loans 0 350,200,000 0
Repayment of term loans (17,100,000) (177,900,000) 0
Capitalized debt issuance costs (1,500,000) (4,600,000) 0
Payment of fees related to debt extinguishment 0 (1,000,000.0) 0
Payment of dividends (32,800,000) (30,000,000.0) (30,200,000)
Proceeds from the issuance of common stock 0 0 600,000
Purchase of common stock for treasury (3,300,000) (4,400,000) (10,900,000)
Contingent purchase price payment 0 0 (6,000,000.0)
Cash (used in) provided by financing activities (50,700,000) 239,800,000 (74,500,000)
Effect of exchange rate changes on cash and cash equivalents 100,000 (300,000) 3,700,000
Net increase (decrease) in cash and cash equivalents 6,900,000 (600,000) (7,700,000)
Cash and cash equivalents at beginning of year 1,600,000 2,200,000 9,900,000
Cash and cash equivalents at end of year 8,500,000 1,600,000 2,200,000
Supplemental disclosure of cash flow information:      
Cash paid for interest, net of amounts capitalized 20,300,000 18,300,000 7,600,000
Cash paid for income taxes, net of refunds received $ 12,500,000 $ 9,600,000 $ 22,400,000