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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 246,321 $ 238,620 $ 306,288
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 78,566 73,842 69,080
Income of investees, net of dividends 11,130 (3,461) (13,023)
Provision for deferred taxes (5,128) 5,515 40,091
Recognition of (gains) losses for pension and postretirement plans 34,087 49,868 (36,647)
Stock-based compensation expense 15,896 14,127 18,613
Premium for early redemption of senior notes 0 0 10,752
Recognition of debt issuance costs from former debt instruments 0 46 4,212
Other, net (496) 7,649 1,401
Changes in assets and liabilities, net of effects from acquisitions:      
Accounts receivable 462 15,167 84,006
Accounts payable (9,025) (40,495) 28,795
Retainages (6,615) 4,189 3,875
Contracts in progress and advance billings on contracts 28,868 (38,615) (67,137)
Income taxes (4,786) (764) 4,116
Accrued and other current liabilities (9,754) (18,948) (1,991)
Pension liabilities, accrued postretirement benefit obligations and employee benefits (6,964) (68,535) (69,424)
Other, net (8,861) 6,499 3,019
NET CASH PROVIDED BY OPERATING ACTIVITIES 363,701 244,704 386,026
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (151,286) (198,312) (311,052)
Acquisition of businesses 0 (47,328) 0
Purchases of securities (2,343) (3,803) (4,739)
Sales and maturities of securities 5,996 3,813 5,553
Investments, net of return of capital, in equity method investees 0 (11,450) 0
Other, net (8,009) 844 5,585
NET CASH USED IN INVESTING ACTIVITIES (155,642) (256,236) (304,653)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings of long-term debt 353,100 978,200 1,324,300
Repayments of long-term debt (434,350) (878,200) (999,300)
Premium for early redemption of senior notes 0 0 (10,752)
Payment of debt issuance costs 0 (2,405) (4,838)
Borrowings and repayments of bank overdraft 0 0 (88,694)
Repurchases of common stock 0 (20,000) (225,786)
Dividends paid to common shareholders (84,974) (81,074) (79,668)
Cash paid for shares withheld to satisfy employee taxes (7,592) (6,588) (5,042)
Settlements of forward contracts, net 3,689 24,013 (2,030)
Other, net 756 6 1,674
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (169,371) 13,952 (90,136)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH 1,937 (1,205) 240
TOTAL INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS 40,625 1,215 (8,523)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 40,990 39,775 48,298
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT END OF PERIOD 81,615 40,990 39,775
Cash paid during the period for:      
Interest 63,216 51,343 50,840
Income taxes (net of refunds) 84,478 71,755 44,949
SCHEDULE OF NON-CASH INVESTING ACTIVITY:      
Accrued capital expenditures included in accounts payable $ 7,105 $ 9,588 $ 27,495