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Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net income (loss) $ 40,360 $ 66,170 $ 57,310
Adjustments to reconcile income to net cash provided by operating activities, net of acquisition impact:      
Impairment of indefinite-lived intangible assets 1,120 0 0
(Gain) loss on dispositions of assets 180 (21,950) 130
Depreciation 39,410 34,120 31,890
Amortization of intangible assets 18,180 19,100 21,560
Amortization of debt issue costs 930 910 960
Deferred income taxes (1,710) (1,400) 1,680
Non-cash compensation expense 9,670 9,840 9,500
Provision for losses on accounts receivable 2,450 0 0
Debt financing and related expenses 0 0 10,520
Change in legacy liability estimate 0 5,590 1,450
(Increase) decrease in receivables (5,520) (6,650) (11,180)
(Increase) decrease in inventories (7,070) (6,970) (960)
Decrease in prepaid expenses and other assets 4,760 6,120 5,030
Increase (decrease) in accounts payable and accrued liabilities (14,520) (29,130) 2,120
Other operating activities (80) (3,180) 4,210
Net cash provided by operating activities 88,160 72,570 134,220
Cash Flows from Investing Activities:      
Capital expenditures (54,190) (45,960) (45,060)
Acquisition of businesses, net of cash acquired (77,340) (64,100) (34,340)
Cross-currency swap terminations (3,370) 26,230 0
Net proceeds from dispositions businesses, property and equipment 480 28,790 220
Net cash used for investing activities (134,420) (55,040) (79,180)
Cash Flows from Financing Activities:      
Retirement of senior notes 0 0 (300,000)
Proceeds from issuance of senior notes 0 0 400,000
Proceeds from borrowings on revolving credit facilities 117,990 12,000 0
Repayments of borrowings on revolving credit facilities (117,430) (12,000) (48,620)
Debt financing fees and senior notes redemption premium 0 0 (13,570)
Payments to purchase common stock (18,780) (36,920) (19,090)
Shares surrendered upon exercise and vesting of equity awards to cover taxes (2,700) (2,380) (5,230)
Dividends paid (6,700) (6,880) (1,740)
Other financing activities (3,320) 0 0
Net cash provided by (used for) financing activities (30,940) (46,180) 11,750
Increase (decrease) for the year (77,200) (28,650) 66,790
At beginning of year 112,090 140,740 73,950
At end of year 34,890 112,090 140,740
Supplemental disclosure of cash flow information:      
Cash paid for interest 14,320 12,960 13,280
Cash paid for income taxes $ 16,770 $ 20,060 $ 10,520