Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 9,649	$ 10,511
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:
Deferred income taxes	(425)	(419)
Depreciation	6,775	3,675
Amortization	5,613	2,313
Equity in loss (income) of nonconsolidated investments	13	(346)
Loss on sales and disposals of property, plant, and equipment	57	12
Share-based compensation	1,896	1,799
Excess income tax benefit from share-based compensation	(310)	(283)
Change in operating assets and liabilities, net of acquisitions:
Accounts receivable	6,524	4,279
Inventories	(7,832)	(7,595)
Other current assets	(103)	(1,799)
Prepaid income tax	(948)	3,035
Other noncurrent assets	(1,257)	107
Dividends from LB Pipe & Coupling Products, LLC	90	540
Accounts payable	(13,101)	13,091
Deferred revenue	(1,073)	2,560
Accrued payroll and employee benefits	(5,699)	(1,857)
Other current liabilities	(1,113)	2,005
Other liabilities	(690)	60
Net cash (used) provided by operating activities	(1,934)	31,688
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from the sale of property, plant, and equipment	163	184
Capital expenditures on property, plant and equipment	(8,246)	(7,682)
Acquisitions, net of cash acquired	(193,871)	(495)
Capital contributions to equity method investments	(61)	0
Net cash used by investing activities	(202,015)	(7,993)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of debt	(62,247)	(54)
Proceeds from debt	254,291	316
Proceeds from exercise of stock options and stock awards	68	131
Financing fees	(1,670)	0
Treasury stock acquisitions	962	918
Cash dividends on common stock paid to shareholders	(831)	(620)
Excess income tax benefit from share-based compensation	310	283
Net cash provided (used) by financing activities	188,959	(862)
Effect of exchange rate changes on cash and cash equivalents	(1,473)	99
Net (decrease) increase in cash and cash equivalents	(16,463)	22,932
Cash and cash equivalents at beginning of period	52,024	64,623
Cash and cash equivalents at end of period	35,561	87,555
Supplemental Disclosure of Cash Flow Information:
Interest paid	1,471	177
Income taxes paid	$ 6,379	$ 2,954