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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Net Income $ 13,344 $ 10,607
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 3,157 3,071
Amortization 1,777 1,627
Equity in undistributed earnings of associated companies, net of dividends (27) 1,437
Deferred compensation and other, net 980 1,091
Stock-based compensation 1,798 1,685
Gain on disposal of property, plant and equipment and other assets (20) (21)
Insurance settlement realized (279) (115)
Pension and other postretirement benefits (2,685) 10
Increase (decrease) in cash from changes in current assets and current liabilities, net of acquisitions:    
Accounts receivable 2,602 3,428
Inventories (1,800) (2,584)
Prepaid expenses and other current assets 1,183 (2,634)
Accounts payable and accrued liabilities (8,647) (9,516)
Change in restructuring liabilities (509) 0
Net cash provided by operating activities 10,874 8,086
Cash flows from investing activities    
Investments in property, plant and equipment (2,172) (2,414)
Payments related to acquisitions, net of cash acquired (1,384) 528
Proceeds from disposition of assets 26 80
Insurance settlement interest earned 8 10
Change in restricted cash, net 271 105
Net cash used in investing activities (3,251) (1,691)
Cash flows from financing activities    
Proceeds from long-term debt 14,687 0
Repayment of long-term debt (159) (1,327)
Dividends paid (4,243) (3,990)
Stock options exercised, other (253) (50)
Payments for repurchase of common stock (5,859) 0
Excess tax benefit related to stock option exercises, cash flow 104 287
Net cash provided by (used in) financing activities 4,277 (5,080)
Effect of exchange rate changes on cash 1,421 (1,708)
Net increase (decrease) in cash and cash equivalents 13,321 (393)
Cash and cash equivalents at beginning of period 81,053 64,731
Cash and cash equivalents at end of period $ 94,374 $ 64,338