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Consolidated Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES      
Net earnings $ 63,958 $ 51,137 $ 56,672
Adjustments to net earnings      
Depreciation and amortization 36,138 30,978 30,880
Income tax expense 13,049 19,569 10,983
Interest expense 7,246 4,398 3,553
Non-cash charges in connection with manufacturing facility closures, restructuring and other related charges 133 5,204 4,620
Impairment of inventories 801 1,997 760
Share-based compensation expense 3,291 8,201 3,249
Pension and other post-retirement expense related to defined benefit plans 2,730 2,913 2,654
Gain on foreign exchange (2,578) (510) (1,308)
Impairment (reversals of impairment) of assets 192 226 (5,796)
Other adjustments for non-cash items (2,150) 50 (488)
Income taxes paid, net (6,452) (7,193) (5,209)
Contributions to defined benefit plans (4,143) (1,268) (1,877)
Cash flows from operating activities before changes in working capital items 112,215 115,702 98,693
Changes in working capital items      
Trade receivables (6,847) (8,920) 4,605
Inventories (7,879) (4,074) (6,105)
Parts and supplies (2,090) (1,053) (1,747)
Other current assets 89 451 5,700
Accounts payable and accrued liabilities and share-based compensation liabilities, current (1,493) 5,304 3,090
Provisions (1,863) 725 (1,968)
Increase (decrease) in working capital (20,083) (7,567) 3,575
Cash flows from operating activities 92,132 108,135 102,268
INVESTING ACTIVITIES      
Acquisition of subsidiaries, net of cash acquired (67,027) (41,855) (26,234)
Purchases of property, plant and equipment (85,312) (49,972) (34,301)
Proceeds from disposals of property, plant and equipment 880 70 1,355
Purchase of intangible assets (1,914) (88) (174)
Other investing activities 458 (4) 124
Cash flows from investing activities (152,915) (91,849) (59,230)
FINANCING ACTIVITIES      
Proceeds from borrowings 257,021 180,604 191,279
Repayment of borrowings (162,107) (155,630) (160,473)
Interest paid (7,360) (4,739) (3,740)
Proceeds from exercise of stock options 1,362 1,452 1,559
Repurchases of common shares (7,451) (1,697) (30,018)
Dividends paid (33,199) (31,365) (29,695)
Other financing activities (529) (160) (150)
Cash flows from financing activities 47,737 (11,535) (31,238)
Net (decrease) increase in cash (13,046) 4,751 11,800
Effect of foreign exchange differences on cash 1,183 (1,410) (2,527)
Cash, beginning of year 20,956 17,615 8,342
Cash, end of year $ 9,093 $ 20,956 $ 17,615