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Unaudited Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net income $ 21,894 $ 85,066
Income from discontinued operations 0 (66,535)
Income from continuing operations 21,894 18,531
Adjustments to reconcile from net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 16,377 11,403
Amortization of deferred financing fees 442 967
Deferred income taxes (7,401) 4,275
Loss (gain) on sale of assets 303 (5,381)
Other non-current liabilities 368 2,390
Other (16,468) (90)
Working capital changes, excluding the effect of business acquisitions:    
Accounts receivable 12,199 (7,323)
Inventories (37,776) (44,229)
Other current assets (2,548) (4,643)
Accounts payable 13,843 35,378
Other current liabilities 5,750 (594)
Net cash provided by operating activities of continuing operations 6,983 10,684
Net cash provided by operating activities of discontinued operations 0 68,679
Investing activities    
Expenditures for property, plant and equipment (24,905) (39,588)
Acquisition of business 0 (64,797)
Proceeds from the sale of assets 1,316 34,539
Proceeds from notes receivable 0 14,494
Cash in escrow for investment (5,000) 0
Other (261) (147)
Net cash used for investing activities of continuing operations (28,850) (55,499)
Net cash used for investing activities of discontinued operations 0 (10,469)
Financing activities    
Additions to long-term debt 1,511 25,000
Reductions of long-term debt (11,762) (54,607)
Net additions to revolving credit agreements 5,136 86,934
Cash dividends paid (6,133) (13,651)
Cash dividends received from Hyster-Yale 0 5,000
Financing fees paid 0 (1,400)
Purchase of treasury shares (27,355) (577)
Other (26) 7
Net cash provided by (used for) financing activities of continuing operations (38,629) 46,706
Net cash used for financing activities of discontinued operations 0 (98,913)
Effect of exchange rate changes on cash of continuing operations (6) 39
Effect of exchange rate changes on cash of discontinued operations 0 838
Cash and cash equivalents    
Decrease for the period (60,502) (37,935)
Increase related to discontinued operations 0 39,865
Balance at the beginning of the period 139,855 153,784
Balance at the end of the period $ 79,353 $ 155,714