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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 12,389 $ 13,138
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 5,745 4,081
Provision for bad debts - accounts receivable 409 814
Share-based compensation expense 1,867 1,654
Deferred income tax benefit (278) (586)
Gain on sale of property, plant and equipment (1,018)
Change in fair value of acquisition-related contingent liabilities (1,212) 115
Changes in assets and liabilities, net of acquisition of business    
Accounts receivable - trade (5,542) (1,746)
Accounts receivable - other (401) 931
Contract assets (3,779)
Inventories 5,742 3,270
Prepaid expenses and other current assets (226) (189)
Other assets (2,343) (2,756)
Accounts payable and other current liabilities (1,077) (725)
Long-term pension liability 292 (529)
Other long-term liabilities (283) 977
Net cash provided by operating activities 11,303 17,431
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment (3,881) (2,518)
Acquisition of businesses, net of acquired cash (85,597) (766)
Proceeds from disposals of property, plant and equipment 2,858
Net cash used in investing activities (89,478) (426)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 170,713 72,543
Repayment of long-term debt (91,423) (75,707)
Payment of cash dividends (4,335) (3,874)
Payment of acquisition-related contingent liabilities (3,032) (1,800)
Proceeds received on exercise of stock options 432 1,218
Purchase of common stock (268)
Tax withholding on exercise of stock rights (17) (421)
Net cash provided by (used in) financing activities 72,515 (7,391)
Effect of currency exchange rates on cash (174) 46
Net (decrease) increase in cash and cash equivalents (5,834) 9,660
Cash and cash equivalents balance, beginning of year 8,130 3,649
Cash and cash equivalents balance, end of period 2,296 13,309
Restricted Stock [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES    
Tax benefit from vesting of acquisition-related restricted stock $ 445 $ 650