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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities      
Net income $ 41,823 $ 31,184 $ 26,191
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 11,308 11,253 12,382
Gain on sale of equity method investment (11,381) 0 0
Gain on property insurance recoveries 0 (230) 0
Gain on sale of assets 0 (872) 0
Share-based compensation 2,574 2,402 1,414
Equity method investment (earnings) loss 348 (4,036) (6,102)
Distribution received from equity method investee 7,131 3,300 0
Deferred income taxes, including change in valuation allowance (3,420) 681 1,349
Other, net 61 0 453
Changes in operating assets and liabilities:      
Receivables, net (8,262) 4,585 2,002
Inventory (14,291) (20,106) (24,260)
Prepaid expenses (498) (622) 117
Refundable income taxes 725 (3,390) 1,073
Accounts payable 9,540 (3,178) 3,653
Accounts payable to affiliate, net (3,349) 1,058 (1,042)
Accrued expenses 2,278 (1,407) 2,351
Deferred credits (827) (424) (697)
Accrued retirement, health, and life insurance benefits (289) (477) (703)
Other, net 0 0 481
Net cash provided by operating activities 33,471 19,721 18,662
Cash Flows from Investing Activities      
Additions to property, plant, and equipment (21,055) (17,922) (30,526)
Divestiture of equity method investment, net 22,832 351 0
Proceeds from property insurance recoveries 0 230 0
Proceeds from sale of property and other 0 1,209 0
Acquisition of George Remus® 0 (1,551) 0
Net cash provided by (used in) investing activities 1,777 (17,683) (30,526)
Cash Flows from Financing Activities      
Payment of dividends (17,380) (2,066) (1,087)
Purchase of treasury stock (4,663) (1,518) (15,408)
Loan fees incurred with borrowings (377) (114) (348)
Principal payments on long-term debt (358) (2,346) (1,641)
Proceeds on long-term debt 20,000 0 2,700
Proceeds from credit agreement 25,930 27,184 26,092
Principal payments on credit agreement (56,885) (22,356) (3,338)
Net cash provided by (used in) financing activities (33,733) (1,216) 6,970
Increase (decrease) in cash 1,515 822 (4,894)
Cash, beginning of year 1,569 747 5,641
Cash, end of year $ 3,084 $ 1,569 $ 747