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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES      
NET INCOME $ 44,854 $ 46,177 $ 15,811
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 89,040 81,870 84,215
Amortization of intangibles 4,002 4,352 4,174
Pension settlement expense 3,202 6,595 2,111
Share-based compensation expense 8,029 6,998 5,494
Provision for losses on accounts receivable 998 1,942 2,065
Deferred income tax provision (benefit) 16,435 4,692 (10,367)
Gain on sale of property and equipment (2,225) (1,461) (153)
Changes in operating assets and liabilities:      
Receivables 4,242 (26,892) (24,200)
Prepaid expenses 362 (1,888) (1,670)
Other assets 1,090 889 (1,015)
Income taxes (8,918) (11,972) 8,468
Accounts payable, accrued expenses, and other liabilities (15,092) 32,464 8,571
NET CASH PROVIDED BY OPERATING ACTIVITIES 146,019 143,766 93,504
INVESTING ACTIVITIES      
Purchases of property, plant and equipment, net of financings (78,425) (35,483) (26,369)
Proceeds from sale of property and equipment 6,639 4,928 2,194
Purchases of short-term investments (61,363) (45,831) (39,605)
Proceeds from sale of short-term investments 45,831 35,853 32,718
Business acquisitions, net of cash acquired (29,813) (2,647) (4,146)
Capitalization of internally developed software (8,512) (8,418) (7,668)
NET CASH USED IN INVESTING ACTIVITIES (125,643) (51,598) (42,876)
FINANCING ACTIVITIES      
Borrowings under credit facilities 70,000    
Borrowings under accounts receivable securitization program 35,000    
Payments on long-term debt (100,813) (40,440) (43,176)
Net change in book overdrafts 3,843 2,486 (37)
Net change in restricted cash 2 516 7,756
Deferred financing costs (875) (76) (71)
Payment of common stock dividends (6,837) (4,102) (3,233)
Purchase of treasury stock (12,765)    
Proceeds from the exercise of stock options   1,136 2,785
NET CASH USED IN FINANCING ACTIVITIES (12,445) (40,480) (35,976)
NET INCREASE IN CASH AND CASH EQUIVALENTS 7,931 51,688 14,652
Cash and cash equivalents at beginning of period 157,042 105,354 90,702
CASH AND CASH EQUIVALENTS AT END OF PERIOD 164,973 157,042 105,354
NONCASH INVESTING ACTIVITIES      
Equipment financed 80,592 55,325 36
Accruals for equipment received $ 748 $ 928 $ 324