CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income	$ 81,186	$ 70,726
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization	28,987	28,418
Share-based compensation	6,627	6,043
Deferred income taxes	(4,755)	(2,377)
Loss on disposals of plant and equipment	370	229
Gain on equity investment	0	(5,165)
Foreign exchange (income)/expense	3,151	(296)
Changes in assets and liabilities, net of acquisitions:
Receivables	(30,853)	8,449
Inventory	(15,571)	(35,758)
Accounts payable and accrued expenses	(6,094)	(17,942)
Income taxes	2,000	(4,895)
Income taxes-U.S. Tax Cuts and Jobs Act	(7,026)	0
Employee benefit plans	(2,945)	(2,699)
Other, net	5,341	(4,369)
Net cash flows from operating activities	60,418	40,364
Cash flows from investing activities:
Additions to property, plant, and equipment	(15,108)	(22,517)
Proceeds from sale of property, plant, and equipment	432	207
Cash paid for acquisitions, net of cash acquired	(42,085)	(51,783)
Other, net	388	149
Net cash flows from investing activities	(56,373)	(73,944)
Cash flows from financing activities:
Proceeds from issuance of debt	199,874	176,024
Repayment of debt	(208,077)	(170,430)
Proceeds from issuance of common stock	8,747	3,770
Purchases of common stock	(12,080)	(3,263)
Dividends paid	(16,960)	(15,245)
Payments to Noncontrolling Interests	0	(5,047)
Net cash flows from financing activities	(28,496)	(14,191)
Effect of exchange rate changes on cash	(1,609)	3,569
Net change in cash and equivalents	(26,060)	(44,202)
Cash and equivalents at beginning of period	67,233	104,331
Cash and equivalents at end of period	41,173	60,129
Cash paid for income taxes, net of refunds	20,821	21,547
Cash paid for interest	7,842	7,138
Non-cash items:
Additions to property, plant, and equipment, not yet paid	124	427
Industrias Motor Pump S.A.
Noncash or Part Noncash Acquisitions [Line Items]
Noncash or Part Noncash Acquisition, Payables Assumed	$ 3,181	$ 0

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Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest.

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The cash inflow from the additional capital contribution to the entity.

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The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt.

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The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.

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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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The cash outflow during the period from the repayment of aggregate short-term and long-term debt and payment of capital lease obligations.

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No definition available.

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The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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