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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities:      
Net income $ 135,601 $ 121,380 $ 118,370
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 80,154 78,242 81,395
Amortization of convertible debt discount 0 0 731
(Gain) loss on disposition of property, plant and equipment (349) (1,128) 143
Stock compensation expense 11,493 9,258 7,603
Loss on the sale of businesses 0 0 (1,586)
Pension lump-sum settlement charge 0 9,856 0
Changes in assets and liabilities, net of the effects of acquisitions:      
Accounts receivable (23,057) 14,027 (21,367)
Inventories 1,989 (1,190) (10,092)
Prepaid expenses and other current assets 569 (2,645) (7,137)
Accounts payable 11,778 (2,936) 8,123
Accrued liabilities 15,825 (14,166) 29,290
Deferred income taxes (2,210) 3,121 (9,841)
Long-term retirement benefits (15,492) 1,081 (7,584)
Other 1,345 2,575 4,933
Net cash provided by operating activities 217,646 217,475 196,153
Investing activities:      
Proceeds from disposition of property, plant and equipment 780 3,442 849
Payments for the sale of businesses 0 0 (1,181)
Change in restricted cash 0 0 4,886
Capital expenditures (47,577) (45,982) (57,365)
Business acquisitions, net of cash acquired (128,613) (51,954) 0
Component Repair Program payments (4,100) (21,000) (70,100)
Other 0 0 (1,338)
Net cash used in investing activities (179,510) (115,494) (124,249)
Financing activities:      
Net change in other borrowings 8,375 14,680 7,009
Payments on long-term debt (321,506) (171,198) (332,336)
Proceeds from the issuance of long-term debt 303,277 159,264 293,291
Payment of assumed liability to Otto Männer Holding AG 0 0 (19,796)
Premium paid on convertible debt redemption 0 0 (14,868)
Proceeds from the issuance of common stock 4,611 11,425 11,460
Common stock repurchases (20,520) (52,103) (8,389)
Dividends paid (27,435) (26,176) (24,464)
Withholding taxes paid on stock issuances (4,885) (4,913) (4,367)
Other 4,771 9,850 (338)
Net cash used by financing activities (53,312) (59,171) (92,798)
Effect of exchange rate changes on cash flows (2,303) (4,923) (3,923)
(Decrease) increase in cash and cash equivalents (17,479) 37,887 (24,817)
Cash and cash equivalents at beginning of year 83,926 46,039 70,856
Cash and cash equivalents at end of year $ 66,447 83,926 46,039
Supplemental Disclosure of Cash Flow Information:      
Intangible assets acquired   $ 3,200 $ 19,000