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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net income $ 18,622 $ 19,768
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,955 11,195
Employee benefit plan provisions 1,871 832
Stock-based compensation 1,390 1,305
Deferred income tax 755 6,202
Changes in assets and liabilities - net of effects from foreign exchange:    
(Increase) decrease in receivables (935) 4,336
Increase in inventories (922) (9,240)
Increase in revenue in excess of billings on uncompleted contracts and other current assets (6,570) (1,707)
Decrease in accounts payable, accrued liabilities, and accrued interest (61) (9,378)
Pension contributions (931) (3,690)
Other items - net (240) (4)
Net cash provided by operating activities 25,934 19,619
Cash flows from investing activities    
Property, plant and equipment expenditures (36,839) (36,246)
Government grants received 947  
Cash released from collateral 12  
Net cash used in investing activities (35,880) (36,246)
Cash flows from financing activities    
Revolving credit facility borrowings 52,446 147,086
Revolving credit facility repayments (39,811) (149,250)
Proceeds from debt obligations   373
Reductions of debt obligations (1,526) (1,724)
Treasury stock purchased (418) (422)
Common stock issued 463 117
Excess tax benefit from stock-based compensation (176) 116
Net cash provided by (used in) financing activities 10,978 (3,704)
Effect of exchange rate changes on cash and cash equivalents 1,969 266
Increase (decrease) in cash and cash equivalents 3,001 (20,065)
Cash and cash equivalents, beginning of period 13,574 33,992
Cash and cash equivalents, end of period $ 16,575 $ 13,927