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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 95,999 $ 105,517 $ 78,593
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 36,977 38,604 38,506
Non-cash lease expense 11,699 0 0
Share-based compensation 8,957 8,450 7,109
Income taxes-U.S. Tax Cuts and Jobs Act 0 0 10,198
Deferred income taxes (2,566) (5,164) (6,311)
Loss on disposals of plant and equipment 891 311 1,572
Gain on equity investment 0 0 (5,165)
Foreign exchange (income)/expense 1,641 706 (1,025)
Changes in assets and liabilities, net of acquisitions:      
Receivables 1,076 (8,194) 9,948
Inventory 17,228 (4,775) (46,372)
Accounts payable and accrued expenses 6,770 1,677 (11,071)
Operating leases (11,698) 0 0
Income taxes 6,449 (1,771) (2,513)
IncreaseDecreaseinTCJATaxPayable 0 (6,510) 0
Employee benefit plans (1,443) (2,291) (2,529)
Other, net 5,696 1,875 (4,186)
Net cash flows from operating activities 177,676 128,435 66,754
Cash flows from investing activities:      
Additions to property, plant, and equipment (21,855) (22,432) (33,484)
Proceeds from sale of property, plant, and equipment 866 724 211
Cash paid for acquisitions, net of cash acquired (20,827) (44,971) (51,783)
Other, net 10 387 355
Net cash flows from investing activities (41,806) (66,292) (84,701)
Cash flows from financing activities:      
Proceeds from issuance of debt 264,389 232,638 193,358
Repayment of debt (355,332) (251,623) (191,476)
Proceeds from issuance of common stock 3,194 8,999 4,497
Purchases of common stock (10,741) (34,188) (3,621)
Dividends paid (27,671) (22,612) (20,289)
Purchase of redeemable noncontrolling shares (487) 0 (5,047)
Net cash flows from financing activities (126,648) (66,786) (22,578)
Effect of exchange rate changes on cash (3,990) (3,417) 3,427
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 5,232 (8,060) (37,098)
Cash and equivalents at beginning of period 59,173 67,233 104,331
Cash and equivalents at end of period 64,405 59,173 67,233
Cash paid for income taxes, net of refunds 16,949 27,025 25,810
Cash paid for interest 8,388 10,792 9,373
Non-cash items:      
Additions to property, plant, and equipment, not yet paid 1,509 1,158 168
Right-of-Use Assets obtained in exchange for new operating lease liabilities 4,922 0 0
Payable to sellers of acquired entities $ 845 $ 1,000 $ 0