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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income (loss) $ 20,164 $ 5,476
Income (loss) from discontinued operations 1,381 (2,096)
Income from continuing operations 18,783 7,572
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation, depletion and amortization 9,580 9,870
Amortization of deferred financing fees 387 278
Centennial asset impairment charge 0 17,443
Deferred income taxes 3,731 14,858
Other 610 506
Working capital changes:    
Affiliates receivable/payable 513 5,892
Accounts receivable (2,792) (9,840)
Inventories (1,693) 5,860
Other current assets (100) 984
Accounts payable 2,289 (638)
Income taxes receivable/payable 5,594 (20,966)
Other current liabilities (2,084) (10,525)
Net cash provided by operating activities of continuing operations 34,818 21,294
Net cash (used for) provided by operating activities of discontinued operations (7,700) 24,864
Net cash provided by (used for) operating activities 27,118 46,158
Investing activities    
Expenditures for property, plant and equipment (9,211) (7,297)
Proceeds from the sale of property, plant and equipment 2,006 4,281
Other 901 (2,587)
Net cash used for investing activities of continuing operations (6,304) (5,603)
Net cash used for investing activities of discontinued operations (4,345) (4,326)
Net cash used for investing activities (10,649) (9,929)
Financing activities    
Reductions of long-term debt (35,008) (1,389)
Cash dividends paid (5,552) (5,450)
Cash dividends received from Hamilton Beach Brands Holding Co. (See Note 10) 38,000 10,000
Purchase of treasury shares 0 (6,044)
Other (1,324) (3)
Net cash used for financing activities of continuing operations (3,884) (2,886)
Net cash provided by (used for) financing activities of discontinued operations 3,747 (41,472)
Net cash used for financing activities (137) (44,358)
Effect of exchange rate changes on cash of continuing operations 0 0
Effect of exchange rate changes on cash of discontinued operations 71 (104)
Cash and cash equivalents    
Total increase (decrease) for the period 16,403 (8,233)
Net decrease related to discontinued operations 8,227 11,395
Balance at the beginning of the period 69,308 35,701
Balance at the end of the period $ 93,938 $ 38,863