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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net earnings $ 43,966 $ 59,287
Adjustments to arrive at net cash provided by operating activities:    
Depreciation and amortization 24,436 23,301
Share-based compensation 4,252 4,803
Net loss on assets 328 8,107
Loss on divestiture of businesses 33,138 0
Deferred income taxes (4,765) 6,231
Liquidation of foreign entity 0 (3,257)
Changes in operating assets and liabilities (38,541) 2,373
Net cash provided by operating activities 62,814 100,845
Cash flows from investing activities:    
Acquisition of property, plant and equipment (19,666) (34,294)
Proceeds from sale of assets 5,305 910
Proceeds from divestiture of businesses 12,457 0
Other investing activity (132) (48)
Net cash used in investing activities (2,036) (33,432)
Cash flows from financing activities:    
Proceeds from additional borrowings 139,820 107,484
Debt payments (154,282) (123,067)
Purchase of treasury stock (26,743) (21,055)
Dividends paid (26,553) (24,266)
Other financing activity (1,047) 290
Net cash used in financing activities (68,805) (60,614)
Effect of exchange rate changes on cash and cash equivalents 8,178 1,397
Net increase in cash and cash equivalents 151 8,196
Cash and cash equivalents at beginning of period 25,865 11,997
Cash and cash equivalents at end of period $ 26,016 $ 20,193