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Condensed Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities    
Net Income $ 29,251 $ 30,866
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,084 6,125
Amortization 1,628 1,763
Equity in undistributed earnings of associated companies, net of dividends (1,931) (1,021)
Deferred compensation and other, net 3,340 (1,080)
Stock-based compensation 2,732 2,152
Gain on Disposal of Property, Plant and Equipment (97) (224)
Insurance settlement realized (980) (384)
Pension and other postretirement benefits (926) (1,884)
(Decrease) increase in cash from changes in current assets and current liabilities, net of acquisitions:    
Accounts receivable (20,563) (9,913)
Inventories (7,568) (2,269)
Prepaid expenses and other current assets 1,157 (286)
Accounts payable and accrued liabilities (3,873) 3,650
Net cash provided by operating activities 8,254 27,495
Cash flows from investing activities    
Investments in property, plant and equipment (5,521) (5,202)
Payments related to acquisitions, net of cash acquired 0 (2,478)
Proceeds from disposition of assets 128 345
Interest earned on insurance settlements 23 28
Change in restricted cash, net 957 356
Net cash used in investing activities (4,413) (6,951)
Cash flows from financing activities    
Proceeds from long-term debt 7,500 0
Repayment of long-term debt (248) (7,563)
Dividends paid (6,607) (6,428)
Stock options exercised, other (33) 84
Excess Tax Benefit Related to Stock Option Exercises, Cash Flow 267 452
Purchase of a noncontrolling interest in an affiliate (7,532) 0
Payment of acquisition-related earnout liability (4,709) 0
Distributions to noncontrolling affiliate shareholders (657) 0
Net cash used in financing activities (12,019) (13,455)
Effect of exchange rate changes on cash (82) (1,090)
Net (Decrease) Increase in Cash and Cash Equivalents (8,260) 5,999
Cash and cash equivalents at beginning of period 68,492 32,547
Cash and cash equivalents at end of period $ 60,232 $ 38,546