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Condensed Consolidated Statements of Cash Flows - Unaudited - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 11,419 $ 11,548
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 5,924 5,483
Pension and Other Postretirement Expense (Income) 251 107
Stock-based compensation 1,214 923
Deferred income taxes 1,063 1,289
Impairment of Long-Lived Assets to be Disposed of 854 0
Gain (Loss) on Disposition of Assets 40 (1)
Loss (gain) on foreign currency hedges, net of cash 53 (56)
Changes in assets and liabilities:    
Accounts receivable (2,682) 1,435
Inventories 1,053 (788)
Other assets (1,687) 147
Accounts payable 1,275 2,855
Accrued payroll and benefits (5,250) (3,596)
Accrued expenses (4,014) (69)
Income taxes payable (535) 1,179
Other liabilities 742 (224)
Pension and other post-retirement plans (47) (80)
Net cash provided by operating activities 9,593 20,154
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (5,325) (6,912)
Proceeds from sale of assets 51 0
Net cash used in investing activities (5,274) (6,912)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of long-term debt (159,100) (334,100)
Proceeds from borrowings of long-term debt 159,100 331,800
Payments for Repurchase of Common Stock (849) 0
Dividends paid (1,310) (1,318)
Net cash used in financing activities (4,796) (5,041)
Payments Related to Tax Withholding for Share-based Compensation (2,637) (1,423)
Effect of exchange rate changes on cash and cash equivalents 252 (390)
Net (decrease) increase in cash and cash equivalents (225) 7,811
Cash and cash equivalents at beginning of period 100,933 113,572
Cash and cash equivalents at end of period 100,708 121,383
Supplemental cash flow information:    
Cash paid for interest 281 486
Cash paid for income taxes, net 2,122 809
Capital Expenditures Incurred but Not yet Paid $ 3,734 $ 5,173