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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net Income $ 12,787 $ 7,614
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 3,194 3,157
Amortization 1,853 1,773
Equity in undistributed (earnings) losses of associated companies, net of dividends 511 (829)
Deferred compensation and other, net 428 (696)
Share-based compensation 1,083 1,153
(Gain) loss on disposal of property, plant and equipment and other assets (52) (15)
Insurance settlement realized (85) (240)
Combination related expenses net of payements 2,161 8,415
Pension and other postretirement benefits contributions (2,632) (2,263)
(Decrease) increase in cash from changes in current assets and current liabilities, net of acquisitions:    
Accounts receivable (5,827) (3,813)
Inventories (7,758) (8,820)
Prepaid expenses and other current assets (1,055) 755
Accounts payable and accrued liabilities (1,862) 2,279
Restructuring liabilities 0 (148)
Net cash provided by operating activities 2,746 8,322
Cash flows from investing activities    
Investments in property, plant and equipment (3,449) (2,531)
Payments related to acquisitions, net of cash acquired (500) 0
Proceeds from disposition of assets 29 15
Insurance settlement interest earned 19 9
Net cash used in investing activities (3,901) (2,507)
Cash flows from financing activities    
Proceeds from long-term debt 8,166 0
Repayment of long-term debt (197) (474)
Dividends paid (4,724) (4,583)
Stock options exercised, other (866) (777)
Distributions to noncontrolling affiliate shareholders (834) 0
Net cash provided by (used in) financing activities 1,545 (5,834)
Effect of foreign exchange rate on cash 2,246 1,563
Net increase in cash, cash equivalents and restricted cash 2,636 1,544
Cash, Cash Equivalents and Restricted Cash at beginning of period 111,050 110,701
Cash, Cash Equivalents and Restricted Cash at end of period $ 113,686 $ 112,245