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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities:    
Cash provided by operating activities $ 43,691 $ 76,573
Investing activities:    
Purchase of Freelandville assets (18,000)  
Capital expenditures (11,810) (27,109)
Other 186 478
Cash used in investing activities (29,624) (26,631)
Financing activities:    
Bank borrowings 15,000  
Debt issuance cost (2,090)  
Payments on bank debt (26,492) (40,312)
Dividends (3,597) (3,596)
Cash used in financing activities (17,179) (43,908)
Increase (decrease) in cash and cash equivalents (3,112) 6,034
Cash and cash equivalents, beginning of period 15,930 13,469
Cash and cash equivalents, end of period $ 12,818 $ 19,503