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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 119,658 $ 133,755
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 38,404 36,216
Income of investees, net of dividends (4,113) (5,616)
Recognition of losses for pension and postretirement plans 1,660 1,627
Stock-based compensation expense 8,669 8,966
Other, net 131 2,921
Changes in assets and liabilities, net of effects from acquisitions:    
Accounts receivable (4,936) (1,925)
Accounts payable 7,071 (22,571)
Retainages (5,808) (92)
Contracts in progress and advance billings on contracts (47,278) (38,703)
Income taxes (10,830) (4,897)
Accrued and other current liabilities (13,158) (8,045)
Pension liabilities, accrued postretirement benefit obligations and employee benefits (17,865) (29,798)
Other, net (4,016) 200
NET CASH PROVIDED BY OPERATING ACTIVITIES 67,589 72,038
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (69,582) (94,946)
Acquisition of business, net of cash acquired 0 (47,328)
Purchases of securities (2,343) (1,975)
Sales and maturities of securities 5,996 1,981
Investments, net of return of capital, in equity method investees 0 (22,554)
Other, net 15 71
NET CASH USED IN INVESTING ACTIVITIES (65,914) (164,751)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings of long-term debt 210,900 322,400
Repayments of long-term debt (164,025) (132,400)
Repurchases of common stock 0 (20,000)
Dividends paid to common shareholders (42,735) (40,758)
Cash paid for shares withheld to satisfy employee taxes (6,948) (6,044)
Settlements of forward contracts, net (520) 1,976
Other, net 46 (128)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (3,282) 125,046
EFFECTS OF EXCHANGE RATE CHANGES ON CASH 196 977
TOTAL (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS (1,411) 33,310
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 40,990 39,775
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT END OF PERIOD 39,579 73,085
Cash paid during the period for:    
Interest 34,602 21,732
Income taxes (net of refunds) 48,315 45,187
SCHEDULE OF NON-CASH INVESTING ACTIVITY:    
Accrued capital expenditures included in accounts payable $ 10,694 $ 10,072