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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net earnings $ 17,390 $ 12,128
Adjustments to reconcile net earnings to net cash provided by operations:    
Depreciation 5,603 5,188
Amortization 5,675 4,978
Deferred income taxes 131 0
Noncurrent employee benefits 437 276
Stock-based compensation expense 752 781
Changes in:    
Receivables (4,652) (8,498)
Inventories (1,778) (359)
Prepaid expenses and other current assets 122 (1,003)
Liabilities other than debt 4,016 5,693
Total adjustments 10,306 7,056
Net cash provided by operations 27,696 19,184
Investing activities:    
Property, plant and equipment expenditures (5,513) (7,604)
Net cash used for investing activities (5,513) (7,604)
Financing activities:    
Net decrease in short-term debt (17,810) (2,472)
Dividends paid (5,791) (5,478)
Proceeds from exercise of stock options 328 1,270
Tax benefit on stock options 0 319
Issuance of treasury stock 441 457
Net cash used for financing activities (22,832) (5,904)
Effect of foreign exchange rates on cash (158) 344
(Decrease) Increase in cash (807) 6,020
Cash - beginning of period 8,163 6,656
Cash - end of period $ 7,356 $ 12,676