Condensed Consolidated Statement of Cash Flows - USD ($) $ in Thousands	6 Months Ended
Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities
Net Income	$ 19,955	$ 28,749
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	6,333	6,331
Amortization	3,604	3,589
Equity in undistributed earnings of associated companies, net of dividends	(1,301)	(488)
Deferred compensation and other, net	268	3,609
Stock-based compensation	2,245	3,423
(Gain) loss on disposal of property, plant and equipment and other assets	(28)	45
Insurance settlement realized	(446)	(614)
Combination-related expenses, net of payments	3,306	0
Pension and other postretirement benefits contributions	(439)	(2,896)
Increase (decrease) in cash from changes in current assets and current liabilities, net of acquisitions:
Accounts receivable	790	3,801
Inventories	(7,881)	(2,387)
Prepaid expenses and other current assets	(4,686)	(3,164)
Accounts payable and accrued liabilities	(213)	(1,642)
Change in restructuring liabilities	(675)	(2,330)
Net cash provided by operating activities	20,832	36,026
Cash flows from investing activities
Investments in property, plant and equipment	(5,242)	(4,377)
Payments related to acquisitions, net of cash acquired	(5,363)	(3,284)
Proceeds from disposition of assets	43	48
Insurance settlement interest earned	21	16
Change in restricted cash, net	425	598
Net cash used in investing activities	(10,116)	(6,999)
Cash flows from financing activities
Proceeds from long-term debt	6,753	1,736
Repayment of long-term debt	(373)	(286)
Dividends paid	(9,167)	(8,480)
Stock options exercised, other	(941)	(95)
Payments for repurchase of common stock	0	(5,859)
Excess tax benefit related to stock option exercises, cash flow	0	136
Net cash used in financing activities	(3,728)	(12,848)
Effect of exchange rate changes on cash	3,015	(987)
Net increase in cash and cash equivalents	10,003	15,192
Cash and cash equivalents at beginning of period	88,818	81,053
Cash and cash equivalents at end of period	$ 98,821	$ 96,245

This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities, net of payments.

No definition available.