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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net (loss) income $ (15,842) $ 121,431 $ 39,787
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization of debt issuance costs 2,942 4,749 4,749
Depreciation and amortization 80,467 86,550 83,246
Equity in undistributed earnings of associated companies, net of dividends 1,005 (8,971) 4,862
Acquisition-related fair value adjustments related to inventory 0 801 229
Deferred income taxes (10,552) (12,506) (38,281)
Uncertain tax positions (non-deferred portion) (6,398) (922) 1,075
Deferred compensation and other, net 2,613 (5,325) (471)
Share-based compensation 11,666 11,038 10,996
Loss on extinguishment of debt 5,246 0 0
(Gain) loss on disposal of property, plant, equipment and other assets (168) (4,695) 871
Insurance settlement realized 0 0 (1,035)
Impairment charges 93,000 0 38,000
Gain on inactive subsidiary litigation and settlement reserve 0 0 (18,144)
Combination and other acquisition-related expenses, net of payments (4,460) (1,974) 860
Restructuring and related charges 3,163 1,433 5,541
Pension and other postretirement benefits (7,964) (6,330) 16,535
(Decrease) increase in cash from changes in current assets and current liabilities, net of acquisitions:      
Accounts receivable (59,112) (67,473) 17,170
Inventories (29,858) (84,428) (3,854)
Prepaid expenses and other current assets 3,705 (21,174) 927
Change in restructuring liabilities (1,532) (5,266) (15,745)
Accounts payable and accrued liabilities (23,439) 37,998 22,308
Estimated taxes on (loss) income (2,688) 3,997 8,763
Net cash provided by operating activities 41,794 48,933 178,389
Cash flows from investing activities      
Investments in property, plant and equipment (28,539) (21,457) (17,901)
Payments related to acquisitions, net of cash acquired (13,115) (42,417) (56,230)
Proceeds from disposition of assets 1,463 14,744 2,702
Insurance settlement interest earned 0 0 44
Net cash used in investing activities (40,191) (49,130) (71,385)
Cash flows from financing activities      
Payments of long-term debt (673,203) (38,011) (37,615)
Proceeds from term loan debt 750,000 0 0
(Repayments) borrowings on revolving credit facilities, net (16,281) 53,031 (11,485)
Repayments on other debt, net (1,629) (776) (661)
Financing-related debt issuance costs (3,734) 0 0
Dividends paid (30,103) (28,599) (27,563)
Stock options exercised, other (378) 890 3,867
Purchase of noncontrolling interest in affiliates 0 0 (1,047)
Distributions to noncontrolling affiliate shareholders 0 0 (751)
Net cash provided by (used in) financing activities 24,672 (13,465) (75,255)
Effect of foreign exchange rate changes on cash (10,488) (3,057) 6,591
Net increase (decrease) in cash, cash equivalents and restricted cash 15,787 (16,719) 38,340
Cash, cash equivalents and restricted cash at the beginning of the period 165,176 181,895 143,555
Cash, cash equivalents and restricted cash at the end of the period 180,963 165,176 181,895
Supplemental cash flow disclosures:      
Income taxes, net of refunds 35,327 34,775 20,253
Interest 29,074 19,298 23,653
Non-cash activities:      
Change in accrued purchases of property, plant and equipment, net $ 278 $ 2,132 $ (1,376)