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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net earnings $ 76,179 $ 94,906
Adjustments to arrive at net cash provided by operating activities:    
Depreciation and amortization 36,626 35,176
Share-based compensation 6,296 6,743
Net loss on assets 1,371 7,893
Loss on divestiture of businesses 33,160 0
Deferred income taxes (9,087) 8,454
Liquidation of foreign entity 0 (3,257)
Changes in operating assets and liabilities (33,423) 679
Net cash provided by operating activities 111,122 150,594
Cash flows from investing activities:    
Acquisition of property, plant and equipment (32,825) (58,004)
Proceeds from sale of assets 5,444 3,597
Proceeds from divestiture of businesses 12,457 0
Other investing activity (338) (82)
Net cash used in investing activities (15,262) (54,489)
Cash flows from financing activities:    
Proceeds from additional borrowings 188,387 163,370
Debt payments (190,164) (185,697)
Purchase of treasury stock (64,486) (27,728)
Dividends paid (39,696) (36,357)
Other financing activity (988) 409
Net cash used in financing activities (106,947) (86,003)
Effect of exchange rate changes on cash and cash equivalents 9,876 1,406
Net (decrease) increase in cash and cash equivalents (1,211) 11,508
Cash and cash equivalents at beginning of period 25,865 11,997
Cash and cash equivalents at end of period $ 24,654 $ 23,505