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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities:    
Net income $ 47,928 $ 20,305
Adjustments to reconcile net income to cash from operating activities:    
Depreciation and amortization 21,536 18,312
Stock-based compensation expense 5,327 5,740
Deferred income taxes 4,813 8,825
Equity in undistributed income of unconsolidated joint ventures (1,976) (1,321)
Dividends received from unconsolidated joint ventures 616 426
Pension and postretirement benefits (794) (1,404)
Loss (gain) from the sale of property, plant and equipment (942) 15
Bad debt expense 61 0
Proceeds from insurance related to operations 826 0
Changes in operating assets and liabilities, excluding effects of acquisitions:    
Accounts receivable (13,220) (8,693)
Inventories (6,464) 616
Pension contribution (147) (138)
Other current assets (1,991) (2,056)
Accounts payable and other accrued expenses 7,213 12,585
Other, net 1,703 (1,908)
Net cash provided by operating activities 64,489 51,304
Investing Activities:    
Business acquisition (60,191) 0
Capital expenditures, net (9,696) (9,992)
Proceeds from insurance related to property, plant and equipment 922  
Proceeds from the sale of property, plant and equipment, net 1,641  
Net cash used in investing activities (67,324) (9,992)
Financing Activities:    
Debt issuance costs (1,169) 0
Repayment of debt principal and long term lease obligation (50,178) (1,516)
Repurchases of capital stock   (3,997)
Proceeds from the exercise of stock options, net 1,905 2,058
Issuance of shares upon vesting of restricted stock units, net (2,617) (1,201)
Proceeds from issuance of shares to employee stock purchase plan 422 427
Net cash used in financing activities (51,637) (4,229)
Effect of exchange rate fluctuations on cash 4,017 5,728
Net increase (decrease) in cash and cash equivalents (50,455) 42,811
Cash and cash equivalents at beginning of period 227,767 204,586
Cash and cash equivalents at end of period $ 177,312 $ 247,397