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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities:      
Net income $ 99,873 $ 63,375 $ 158,350
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 91,085 87,656 99,059
(Gain) loss on disposition of property, plant and equipment (1,027) (94) 236
Stock compensation expense 11,470 10,300 13,306
Seeger divestiture charges 0 6,677 0
Non-cash impairment charge related to divestiture 0 0 5,600
Changes in assets and liabilities, net of the effects of divestitures:      
Accounts receivable (18,793) 107,381 29,212
Inventories (7,350) 2,147 11,482
Prepaid expenses and other current assets (5,208) (5,721) (10,640)
Accounts payable 22,909 (9,968) (22,546)
Accrued liabilities (1,630) (37,430) 2,336
Deferred income taxes (19,354) (5,867) (12,025)
Long-term retirement benefits 3,423 (1,418) (16,233)
Long-term tax liability (6,949) (6,949) (6,949)
Other (643) 5,373 (2,887)
Net cash provided by operating activities 167,806 215,462 248,301
Investing activities:      
Proceeds from disposition of property, plant and equipment 3,007 449 577
Proceeds from the sale of businesses, net of cash sold 0 36,062 0
Capital expenditures (34,117) (40,698) (53,286)
Business acquisitions, net of cash acquired 0 0 (6,061)
Other 1,304 0 (3,450)
Net cash used in investing activities (29,806) (4,187) (62,220)
Financing activities:      
Net change in other borrowings (173) (5,855) 5,490
Payments on long-term debt (115,507) (266,424) (341,419)
Proceeds from the issuance of long-term debt 48,300 98,107 236,552
Proceeds from the issuance of common stock 1,427 1,989 5,492
Common stock repurchases (5,229) (15,550) (50,347)
Dividends paid (32,402) (32,402) (32,544)
Withholding taxes paid on stock issuances (1,421) (3,368) (6,059)
Other (9,661) 3,837 (9,158)
Net cash used provided by financing activities (114,666) (219,666) (191,993)
Effect of exchange rate changes on cash flows (2,893) 6,054 (1,002)
Increase (decrease) in cash, cash equivalents and restricted cash 20,441 (2,337) (6,914)
Cash, cash equivalents and restricted cash at beginning of year 91,468 93,805 100,719
Cash, cash equivalents and restricted cash at end of year 111,909 91,468 93,805
Cash and cash equivalents 102,860 79,145 93,805
Prepaid expenses and other current assets      
Financing activities:      
Restricted cash (4,524) (4,944) 0
Other assets      
Financing activities:      
Restricted cash $ (4,525) $ (7,379) $ 0