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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net income $ 11,766 $ 5,918
Adjustments to reconcile from net income to net cash (used for) provided by operating activities:    
Depreciation, depletion and amortization 8,905 8,708
Amortization of deferred financing fees 296 314
Deferred income taxes 4,541 12,016
Other 650 (1,871)
Working capital changes:    
Accounts receivable 26,867 32,559
Inventories (6,449) (2,768)
Other current assets (3,232) 115
Accounts payable (22,385) (1,227)
Income taxes receivable/payable (187) (9,972)
Other current liabilities (22,519) (26,823)
Net cash (used for) provided by operating activities (1,747) 16,969
Investing activities    
Expenditures for property, plant and equipment (8,099) (8,694)
Proceeds from the sale of property, plant and equipment 1,474 2,630
Other 617 (2,542)
Net cash used for investing activities (6,008) (8,606)
Financing activities    
Additions to long-term debt 6,193 0
Reductions of long-term debt (24,814) (16,623)
Net additions (reductions) to revolving credit agreements 9,562 (2,207)
Cash dividends paid (3,690) (3,638)
Purchase of treasury shares 0 (3,826)
Other 0 (202)
Net cash used for financing activities (12,749) (26,496)
Effect of exchange rate changes on cash 65 (109)
Cash and cash equivalents    
Decrease for the period (20,439) (18,242)
Balance at the beginning of the period 80,648 52,499
Balance at the end of the period $ 60,209 $ 34,257