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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net earnings $ 20,455 $ 23,677
Adjustments to reconcile net earnings to net cash provided by (used for) operations:    
Depreciation 7,767 6,942
Amortization 7,627 3,821
Deferred income taxes 10 (98)
Noncurrent employee benefits 300 933
Stock-based compensation expense 1,161 1,089
Changes in:    
Receivables (5,499) (8,723)
Inventories (3,983) (3,554)
Prepaid expenses and other current assets (1,232) (412)
Liabilities other than debt 1,090 4,511
Total adjustments 7,241 4,509
Net cash provided by operations 27,696 28,186
Investing activities:    
Property, plant and equipment expenditures (12,872) (8,776)
Acquisitions, net of cash acquired and future payments (3,273) (1,500)
Net cash used for investing activities (16,145) (10,276)
Financing activities:    
Net decrease in short-term debt (8,161) (7,954)
Dividends paid (8,369) (7,900)
Proceeds from exercise of stock options 1,270 557
Tax benefit on stock options 296 161
Employee benefit stock purchase, net (2) 0
Issuance of treasury stock 495 423
Net cash used for financing activities (14,471) (14,713)
Effect of foreign exchange rates on cash 339 (94)
Increase (decrease) in cash (2,581) 3,103
Cash - beginning of period 6,656 7,263
Cash - end of period $ 4,075 $ 10,366