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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) $ (9,759) $ 39,201
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 43,191 45,038
Share-based compensation expense 3,957 6,067
(Gain) loss on divestitures and other, net 1,161 (2,404)
Write-off of financing costs 1,080 0
Deferred income taxes (4,757) 5,295
Other, net 4,525 (1,171)
Changes in operating assets and liabilities:    
Receivables, net 22,552 54,915
Inventories (6,424) (16,059)
Prepaid expenses and other assets 6,632 11,596
Accounts payable and accrued expenses (35,033) (114,955)
Income taxes receivable/payable 431 18,707
Net cash provided by operating activities 27,556 46,230
Cash flows from investing activities:    
Payments for property, plant and equipment (8,372) (17,067)
Proceeds from sale of fixed assets 1,001 3,209
Net cash used in investing activities (7,371) (13,858)
Cash flows from financing activities:    
Repayments of debt (600) (413)
Payments of financing costs (1,709) 0
Proceeds from senior secured revolver 54,300 0
Payments for senior secured revolver (59,000) 0
Proceeds from receivables securitization facility 535,000 0
Payments for receivables securitization facility (525,000) 0
Cash dividends paid (8,178) (8,259)
Issuance of common stock, net of share repurchases for withholding taxes (1,396) (663)
Tax savings on share-based compensation 0 758
Net cash used in financing activities (6,583) (8,577)
Effect of exchange rate changes on cash and cash equivalents 0 66
Increase in cash and cash equivalents 13,602 23,861
Cash and cash equivalents, beginning of period 17,980 60,734
Cash and cash equivalents, end of period $ 31,582 $ 84,595