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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net earnings $ 94,906 $ 87,567
Adjustments to arrive at net cash provided by operating activities:    
Depreciation and amortization 35,176 36,374
Share-based compensation 6,743 14
Loss on assets 7,893 8,725
Deferred income taxes 8,454 4,466
Liquidation of foreign entity (3,257) 0
Changes in operating assets and liabilities 679 (43,672)
Net cash provided by operating activities 150,594 93,474
Cash flows from investing activities:    
Acquisition of property, plant and equipment (58,004) (55,508)
Proceeds from sale of assets 3,597 12,826
Acquisition of new business 0 (8,393)
Other investing activity (82) (168)
Net cash used in investing activities (54,489) (51,243)
Cash flows from financing activities:    
Proceeds from additional borrowings 163,370 198,857
Debt payments (185,697) (31,850)
Purchase of treasury stock (27,728) (160,990)
Dividends paid (36,357) (35,901)
Proceeds from options exercised and other equity transactions 409 554
Net cash used in financing activities (86,003) (29,330)
Effect of exchange rate changes on cash and cash equivalents 1,406 (9,050)
Net increase in cash and cash equivalents 11,508 3,851
Cash and cash equivalents at beginning of period 11,997 20,329
Cash and cash equivalents at end of period $ 23,505 $ 24,180