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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net Income $ 28,749 $ 26,019
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,331 6,117
Amortization 3,589 3,247
Equity in undistributed earnings of associated companies, net of dividends (488) 1,487
Deferred compensation and other, net 3,609 1,325
Stock-based compensation 3,423 3,169
Loss (gain) on disposal of property, plant and equipment and other assets 45 (69)
Insurance settlement realized (614) (301)
Pension and other postretirement benefits (2,896) 1,019
Increase (decrease) in cash from changes in current assets and current liabilities, net of acquisitions:    
Accounts receivable 3,801 (2,344)
Inventories (2,387) (1,993)
Prepaid expenses and other current assets (3,164) (4,057)
Accounts payable and accrued liabilities (1,642) (6,301)
Change in restructuring liabilities (2,330) 0
Net cash provided by operating activities 36,026 27,318
Cash flows from investing activities    
Investments in property, plant and equipment (4,377) (4,277)
Payments related to acquisitions, net of cash acquired (3,284) 528
Proceeds from disposition of assets 48 102
Insurance settlement interest earned 16 20
Change in restricted cash, net 598 281
Net cash used in investing activities (6,999) (3,346)
Cash flows from financing activities    
Proceeds from long-term debt 1,736 0
Repayment of long-term debt (286) (12,699)
Dividends paid (8,480) (7,991)
Stock options exercised, other (95) 534
Payments for repurchase of common stock (5,859) (1,630)
Excess tax benefit related to stock option exercises, cash flow 136 378
Net cash used in financing activities (12,848) (21,408)
Effect of exchange rate changes on cash (987) (1,511)
Net increase (decrease) in cash and cash equivalents 15,192 1,053
Cash and cash equivalents at beginning of period 81,053 64,731
Cash and cash equivalents at end of period $ 96,245 $ 65,784