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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net income (loss) $ 14,470 $ (11,322) $ 122,645
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:      
Depreciation and amortization 84,325 78,456 62,005
Bad debt expense 1,191 3,302 1,183
Equity in earnings of affiliates, net of dividends 14,766 (677) 28,749
Gain on sale of investments in affiliates (685) (22,881) (17,055)
Gains on sales of Rail Group assets and related leases (11,019) (13,281) (15,830)
Loss on sales of property, plant and equipment 18 2,079 2,079
Excess tax benefit from share-based payment arrangement 13 (1,299) (1,806)
Deferred income taxes 6,030 27,279 21,815
Stock based compensation expense 6,987 1,899 8,581
Pension settlement charge, net of cash contributed 0 48,344 0
Goodwill impairment charge 0 56,166 0
Asset impairment 9,107 285 3,090
Other (2,083) (140) (296)
Changes in operating assets and liabilities:      
Accounts receivable (26,429) 45,058 (1,703)
Inventories 28,165 73,350 (172,040)
Commodity derivatives (9,990) 14,098 (27,652)
Other assets 19,407 (26,315) (11,407)
Accounts payable and accrued expenses (94,688) (120,267) (12,429)
Net cash provided by (used in) operating activities 39,585 154,134 (10,071)
Investing Activities      
Acquisition of businesses, net of cash acquired 0 (128,549) (20,037)
Purchases of Rail Group assets (85,268) (115,032) (90,067)
Proceeds from sale of Rail Group assets 56,689 76,625 32,099
Purchases of property, plant and equipment (77,740) (72,469) (59,675)
Proceeds from sale of property, plant and equipment 561 284 1,401
Proceeds from returns of investments in affiliates 9,186 1,620 46,800
Proceeds from sale of investments 15,013 0 0
Proceeds from sale of facilities 54,330 0 0
Purchase of investments (2,523) (938) (238)
Other 1,534 (21) (21)
Net cash provided by (used in) investing activities (28,218) (238,480) (89,738)
Financing Activities      
Net change in short-term borrowings 14,000 15,000 0
Proceeds from issuance of long-term debt 81,760 181,767 3,405
Payments of long-term debt (97,606) (92,474) (69,697)
Proceeds from financing agreements 14,027 0 0
Distributions to noncontrolling interest owner (5,853) (3,206) (14,920)
Proceeds from sale of treasury shares to employees and directors 1,027 468 1,509
Payments of debt issuance costs (323) (296) (3,175)
Purchase of treasury stock 0 (49,089) 0
Dividends paid (17,362) (15,921) (12,485)
Excess tax benefit from share-based payment arrangement (13) 1,299 1,806
Other (2,144) (4,156) (1,015)
Net cash provided by (used in) financing activities (12,487) 33,392 (94,572)
(Decrease) increase in cash and cash equivalents (1,120) (50,954) (194,381)
Cash and cash equivalents at beginning of year 63,750 114,704 309,085
Cash and cash equivalents at end of year $ 62,630 $ 63,750 $ 114,704