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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 127,147 $ 117,206
Non-cash items included in net income from continuing operations:    
Depreciation and amortization 28,420 28,199
Income of investees, net of dividends (3,384) 987
Gains on asset disposals and impairments, net (245) (31)
Gain on forward contracts (5,997) 0
Recognition of debt issuance costs from Former Credit Facility 2,441 0
Recognition of losses for pension and postretirement plans 993 892
Stock-based compensation expense 5,755 7,098
Changes in assets and liabilities:    
Accounts receivable (10,858) (154)
Accounts payable (3,835) (26,905)
Contracts in progress and advance billings on contracts (53,902) (3,869)
Income taxes (12,302) 18,477
Accrued and other current liabilities 973 (39,325)
Pension liability, accrued postretirement benefit obligation and employee benefits (57,439) (43,790)
Other, net (457) 5,320
NET CASH PROVIDED BY OPERATING ACTIVITIES 17,310 64,105
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (33,960) (28,747)
Purchases of securities (1,822) (12,049)
Sales and maturities of securities 2,955 19,986
Investments, net of return of capital, in equity method investees - payments (9,800)  
Investments, net of return of capital, in equity method investees - proceeds   211
Proceeds from asset disposals 249 140
Other, net 997 (24)
NET CASH USED IN INVESTING ACTIVITIES (41,381) (20,483)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings of long-term debt 700,000 73,600
Repayments of long-term debt (509,968) (87,344)
Payment of debt issuance costs (8,197) 0
Dividends paid to common shareholders (32,063) (20,139)
Exercise of stock options 3,018 14,608
Cash paid for shares withheld to satisfy employee taxes (4,710) (7,045)
Other (352) (266)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 147,728 (26,586)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH (10,660) 6,294
TOTAL INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS 112,997 23,330
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 213,144 134,600
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT END OF PERIOD 326,141 157,930
Cash paid during the period for:    
Interest 7,625 7,049
Income taxes (net of refunds) 49,848 33,997
SCHEDULE OF NON-CASH INVESTING ACTIVITY:    
Accrued capital expenditures included in accounts payable $ 8,775 $ 3,886