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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 (loss) income $ (70,513) $ 34,944 $ 49,317
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Gain on divestiture (1,459) 0 0
Depreciation and amortization 49,000 33,162 26,130
Impairment of goodwill and long-lived assets 64,206 0 772
Deferred income taxes (14,585) 636 (2,933)
Employee benefit plans settlement expenses 25,247 0 0
Stock-based compensation 2,829 2,081 4,269
Inventory step-up amortization 0 1,975 1,108
(Gain) loss on disposition of property, plant and equipment (17) 230 0
(Income) loss from equity method investment (148) (132) 28
Changes in operating assets and liabilities:      
Accounts receivable 37,470 (7,127) (8,046)
Contract assets (5,514) (3,828) 0
Inventories 2,619 (6,001) (11,116)
Taxes receivable (876) 3,151 (1,216)
Prepaid expenses and other assets 2,031 (542) (784)
Accounts payable (393) (5,055) 14,315
Accrued payroll and other compensation 4,597 (2,352) 1,103
Deferred revenue (4,267) 3,801 934
Accrued taxes 2,500 535 (4,708)
Benefit plan liabilities (4,288) (7,658) (5,245)
Other, net (1,577) (3,081) (992)
Net cash provided by operating activities 86,862 44,739 62,936
Cash flows from investing activities:      
Capital expenditures (35,850) (31,291) (27,006)
Proceeds from the sale of property, plant and equipment 298 298 0
Proceeds from divestiture 2,298 0 0
Business acquisitions, net of cash acquired 869 (269,972) (323)
Net cash used for investing activities (32,385) (300,965) (27,329)
Cash flows from financing activities:      
Proceeds from borrowings 0 338,000 0
Debt repayments (52,233) (89,862) (51,762)
Debt issuance cost repayments 0 (538) 0
Common stock issued 448 850 1,323
Common stock repurchased (142) (974) (2,770)
Net cash (used for) provided by financing activities (51,927) 247,476 (53,209)
Effect of exchange rate changes on cash (456) (1,888) 5,543
Increase (decrease) in cash and cash equivalents 2,094 (10,638) (12,059)
Cash and cash equivalents at beginning of period 49,237 59,875 71,934
Cash and cash equivalents at end of period 51,331 49,237 59,875
Cash paid during the year for:      
Interest 14,064 5,960 2,747
Income taxes, net 5,863 4,606 16,158
Non-cash capital expenditures $ 5,500 $ 4,900 $ 6,500