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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 46,259 $ 21,847 $ 19,155
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of business (18,647) 0 0
Depreciation and amortization 17,275 17,646 12,703
Inventory step-up amortization 0 2,053 0
Long-lived asset impairment charge 1,354 0 0
Deferred income taxes 3,585 (1,477) 969
Stock based compensation 2,827 2,787 1,763
Pension settlement charge 0 4,914 0
Loss on disposition of property, plant and equipment 288 241 359
Accounts receivable (2,749) (7,189) (4,101)
Inventories 479 4,539 (3,046)
Taxes receivable 276 (4,129) (640)
Prepaid expenses and other assets (1,337) (2,318) 161
Accounts payable (4,886) 1,167 (59)
Accrued payroll and other compensation (3,416) 3,299 (121)
Benefit plan liabilities (4,778) (3,563) (684)
Other, net (420) 1,811 3,821
Net cash provided by operating activities 36,110 41,628 30,280
Cash flows from investing activities:      
Business acquisitions, net of cash acquired 0 (79,407) 0
Capital expenditures (20,645) (13,971) (13,826)
Proceeds from sale of business, net 28,550 0 0
Acquisition earn out payments 0 (111) (160)
Net cash provided by (used for) investing activities 7,905 (93,489) (13,986)
Cash flows from financing activities:      
Proceeds from borrowings 0 60,000 0
Debt repayments (20,571) (20,646) (768)
Common stock issued 1,521 2,457 1,497
Common stock repurchased (8,701) (748) (6,617)
Excess tax benefit on stock awards 1,044 1,486 271
Net cash (used for) provided by financing activities (26,707) 42,549 (5,617)
Effect of exchange rate changes on cash (3,450) (4,044) 1,107
Increase (Decrease) in cash and cash equivalents 13,858 (13,356) 11,784
Cash and cash equivalents at beginning of period 62,051 75,407 63,623
Cash and cash equivalents at end of period 75,909 62,051 75,407
Cash paid during the year for:      
Interest 632 875 214
Income taxes $ 20,180 $ 14,679 $ 7,227