XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 28, 2018
Sep. 29, 2017
Cash flows from operating activities:    
Net income $ 41,674 $ 19,683
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, depletion, and amortization 26,506 33,444
Amortization of deferred financing costs in interest expense 720 670
Non-cash compensation expense 8,965 7,958
Deferred income tax expense (5,341) 1,073
Changes in assets and liabilities net of acquired assets and liabilities:    
Decrease (increase) in accounts receivable (10,274) (21,572)
Decrease (increase) in inventories 19,754 (9,953)
Decrease (increase) in prepaid and other current assets 4,648 (6,077)
Increase (decrease) in accounts payable and accrued expenses (10,290) 17,991
Increase (Decrease) in Unearned Revenue 2,365 4,746
Increase (decrease) in interest and taxes payable 5,557 (2,083)
Domestic pension plan contributions (38,000) (8,000)
Other-net 2,959 (2,383)
Net cash used in operating activities 49,243 35,497
Cash flows from investing activities:    
Payments for purchase of property, plant, and equipment (21,809) (17,759)
Payments for mine development (5,192) (620)
Payments for acquisition 0 (16,504)
Proceeds from sale of property, plant, and equipment 26 53
Net cash used in investing activities (26,975) (34,830)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 0 55,000
Repayment of long-term debt (513) (55,608)
Principal payments under capital lease obligations (573) (644)
Cash dividends paid (6,262) (5,903)
Deferred financing costs 0 (300)
Repurchase of common stock 0 (1,086)
Payments of withholding taxes for stock-based compensation awards (3,006) (2,397)
Net cash (used in) provided by financing activities (10,354) (10,938)
Effects of exchange rate changes (146) 1,293
Net change in cash and cash equivalents 11,768 (8,978)
Cash and cash equivalents at beginning of period 41,844 31,464
Cash and cash equivalents at end of period $ 53,612 $ 22,486