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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 57,217 $ 57,303 $ 25,915
Adjustments to reconcile net income to cash flows:      
Depreciation and amortization 22,061 23,826 22,473
Non-cash deferred revenue (12,372) $ (17,873) $ (10,093)
Restructuring expenses $ 15,573
Loss on voluntary pension settlement $ 7,170
Increase in inventory reserve $ 3,119 5,343 $ 2,329
Gain on sale of assets (1,099) (4,281)
Allowance for doubtful accounts $ (11) 61 433
Stock based compensation 5,599 5,002 2,825
Deferred income tax provision $ 19,736 (16,025) 5,902
Equity in losses of partially-owned affiliates 4,623 2,262
Other $ (130) 523 348
Changes in assets and liabilities:      
Trade receivables (14,378) (8,955) (27,707)
Inventories (32,721) (9,062) (19,328)
Prepaid expenses and other current assets 4,268 (5,766) (2,651)
Accounts payable and other current liabilities 10,334 12,369 10,107
Deferred revenue and advance payments 12,178 11,773 18,644
Other non-current assets and liabilities (5,331) (2,387) 11,229
Discontinued operations:      
Net cash used in discontinued operations (1,536) (1,858) (1,533)
Net cash provided by operating activities 83,606 64,968 36,874
Cash flows from investing activities:      
Capital expenditures (62,491) (23,323) (57,320)
Proceeds from sale of assets $ 2,308 2,355 2,378
Advances to partially-owned affiliates (1,404) $ (1,655)
Acquisition of business and equity investment, net of cash acquired $ (2,426)
Other $ (56)
Net cash used in investing activities $ (60,239) $ (24,798) $ (56,597)
Cash flows from financing activities:      
Borrowings 25,750 70,950
Repayments $ (30,000) (45,000) (55,700)
Proceeds from stock options exercised 5,816 4,203 3,224
Other 1,445 522 (301)
Net cash (used in)/provided by financing activities (22,739) (14,525) 18,173
Effect of exchange rate changes on cash and cash equivalents (2,172) (2,872) 744
Net (decrease)/increase in cash and cash equivalents (1,544) 22,773 (806)
Cash and cash equivalents at beginning of year 45,518 22,745 23,551
Cash and cash equivalents at end of year 43,974 45,518 22,745
Supplemental disclosure:      
Interest paid, net of capitalized interest 1,340 2,068 2,325
Income taxes paid, net of refunds received $ 5,731 $ 6,725 $ 7,211