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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows From Operating Activities    
Net income $ 63,382 $ 55,188
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 40,329 38,959
Deferred compensation (859) 9,868
Realized and unrealized gains on long-term investments (75) (3,130)
Stock-based compensation 4,191 4,772
Deferred income taxes 1,427 223
Other non-cash items 655 2,262
Changes in assets and liabilities:    
Receivables, net (23,253) (6,868)
Inventories (9,740) 15,515
Other current assets (6,077) (3,981)
Accounts payable and accrued liabilities (8,284) (33,888)
Pension liabilities (323) (635)
Environmental and legal liabilities (3,116) 630
Deferred revenues 243 (162)
Net Cash Provided By Operating Activities 58,500 78,753
Cash Flows From Investing Activities    
Expenditures for property, plant and equipment (54,671) (45,084)
Asset acquisition (Note 17) (2,040)  
Other, net 2,331 2,023
Net Cash Used In Investing Activities (54,380) (43,061)
Cash Flows From Financing Activities    
Revolving debt and bank overdrafts, net   (6,272)
Other debt repayments (14,286) (37,143)
Dividends paid (12,371) (11,285)
Company stock repurchased (13,753) (6,181)
Stock option exercises 392 2,163
Other, net (415) (2,656)
Net Cash Used In Financing Activities (40,433) (61,374)
Effect of Exchange Rate Changes on Cash (6,193) 754
Net Decrease in Cash and Cash Equivalents (42,506) (24,928)
Cash and Cash Equivalents at Beginning of Period 315,383 300,194
Cash and Cash Equivalents at End of Period 272,877 275,266
Supplemental Cash Flow Information    
Cash payments of income taxes, net of refunds/payments 7,501 11,895
Cash payments of interest $ 4,810 $ 7,164