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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 9,169 $ 18,937
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Gain on sale of business 0 (18,647)
Depreciation and amortization 4,332 4,362
Deferred income taxes (106) (1,746)
Stock based compensation 1,132 635
Loss on disposition of property, plant and equipment 0 106
Changes in operating assets and liabilities:    
Accounts receivable (10,412) (12,017)
Inventories (4,059) (6,465)
Accounts payable 7,341 3,644
Accrued payroll and other compensation (566) (4,409)
Accrued taxes 2,575 8,978
Other, net 3,377 5,525
Net cash provided by (used for) operating activities 12,783 (1,097)
Cash flows from investing activities:    
Proceeds from the sale of business, net 0 28,370
Capital expenditures (9,616) (7,396)
Net cash (used for) provided by investing activities (9,616) 20,974
Cash flows from financing activities:    
Debt repayments (10,147) (140)
Common stock issued 320 605
Common stock repurchased (710) (7,246)
Excess tax benefit on stock awards 0 286
Net cash used for financing activities (10,537) (6,495)
Effect of exchange rate changes on cash 986 (3,330)
(Decrease) Increase in cash and cash equivalents (6,384) 10,052
Cash and cash equivalents at beginning of period 75,909 62,051
Cash and cash equivalents at end of period 69,525 72,103
Non-cash capital expenditures included in accounts payable $ 2,400 $ 2,400