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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net earnings $ 95,529 $ 72,049
Adjustments to arrive at net cash provided by operating activities:    
Depreciation and amortization 31,428 30,334
Share-based compensation expense 9,380 6,639
Net (gain) loss on assets (149) 76
Portfolio Optimization Plan costs 0 1,274
Deferred income taxes 3,320 2,711
Changes in operating assets and liabilities:    
Trade accounts receivable (72,244) (30,293)
Inventories (42,811) (548)
Prepaid expenses and other assets (181) (11,028)
Accounts payable and other accrued expenses 8,131 (17,578)
Accrued salaries, wages, and withholdings from employees (4,071) (15,129)
Income taxes 4,425 (937)
Other liabilities 2,090 1,734
Net cash provided by operating activities 34,847 39,304
Cash flows from investing activities:    
Acquisition of property, plant, and equipment (67,513) (38,035)
Proceeds from sale of assets 2,019 56
Acquisition of new business 0 (4,867)
Other investing activities (282) 1,354
Net cash used in investing activities (65,776) (41,492)
Cash flows from financing activities:    
Proceeds from additional borrowings 150,719 106,484
Debt payments (87,897) (43,148)
Dividends paid (34,867) (34,700)
Other financing activities (4,411) (2,648)
Net cash provided by financing activities 23,544 25,988
Effect of exchange rate changes on cash and cash equivalents 1,871 6,260
Net (decrease) increase in cash and cash equivalents (5,514) 30,060
Cash and cash equivalents at beginning of period 36,533 26,626
Cash and cash equivalents at end of period $ 31,019 $ 56,686