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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net cash provided by operating activities $ 22,088 $ 18,696
Investing activities    
Expenditures for property, plant and equipment (5,967) (9,182)
Proceeds from the sale of property, plant and equipment 37 274
Other (22) 628
Net cash used for investing activities (5,952) (8,280)
Financing activities    
Additions to long-term debt 1,218 691
Reductions of long-term debt (323) (30,411)
Cash dividends paid (2,480) (2,289)
Purchase of treasury shares (1,385) (55)
Net cash used for financing activities (2,970) (32,064)
Cash and cash equivalents    
Total increase (decrease) for the period 13,166 (21,648)
Balance at the beginning of the period 85,257 101,600
Balance at the end of the period $ 98,423 $ 79,952