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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) income $ (141,660) $ (44,445) $ 25,656
Adjustments to reconcile net loss to cash provided by operating activities:      
Deferred income taxes 3,375 (14,582) (2,914)
Depreciation 13,917 14,429 7,882
Amortization 9,575 12,245 4,695
Asset impairments 135,884 80,337 0
Equity loss (income) and remeasurement gain 1,290 (167) (1,282)
Loss on sales and disposals of property, plant, and equipment 202 (2,064) 21
Share-based compensation 1,346 1,471 3,007
Excess income tax deficiency (benefit) from share-based compensation 332 (253) (336)
Change in operating assets and liabilities, net of acquisitions:      
Accounts receivable 11,959 31,223 15,311
Inventories 10,479 4,331 (9,872)
Other current assets 1,380 3,248 (1,004)
Prepaid income tax (13,035) 1,134 2,530
Other noncurrent assets 59 (909) (386)
Dividends from LB Pipe & Coupling Products, LLC 0 90 630
Accounts payable (16,005) (17,204) 16,285
Deferred revenue 984 (2,279) 591
Accrued payroll and employee benefits (2,676) (5,136) 2,542
Other current liabilities 1,432 (4,189) 2,732
Other liabilities (433) (1,108) 651
Net cash provided by operating activities 18,405 56,172 66,739
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from the sale of property, plant, and equipment 969 5,339 184
Capital expenditures on property, plant and equipment (7,664) (14,913) (17,056)
Acquisitions, net of cash acquired 0 (196,001) (80,797)
Capital contributions to equity method investment 1,235 0 82
Net cash used by investing activities (7,930) (205,575) (97,751)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of debt (155,427) (161,068) (125)
Proceeds from debt 146,243 301,063 24,516
Proceeds from exercise of stock options and stock awards 0 68 131
Financing fees (1,417) (1,670) (473)
Treasury stock acquisitions (342) (2,701) (985)
Cash dividends on common stock paid to shareholders (1,244) (1,656) (1,345)
Excess income tax (deficiency) benefit from share-based compensation (332) 253 336
Net cash (used) provided by financing activities (12,519) 134,289 22,055
Effect of exchange rate changes on cash and cash equivalents (905) (3,598) (3,642)
Net decrease in cash and cash equivalents (2,949) (18,712) (12,599)
Cash and cash equivalents at beginning of period 33,312 52,024 64,623
Cash and cash equivalents at end of period 30,363 33,312 52,024
Supplemental Disclosure of Cash Flow Information:      
Interest paid 4,855 3,674 362
Income taxes paid 3,942 7,835 14,617
Capital expenditures funded through financing agreements $ 0 $ 288 $ 1,981