XML 19 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash provided by (used for) operations    
Net income $ 78,875 $ 32,174
Items in net income not using (providing) cash    
Depreciation and amortization, including deferred financing costs and other 47,416 39,929
Stock-based compensation 4,731 4,443
Pension expense 13,026 683
Deferred income taxes (1,092) 4,542
Change in fair value of interest rate swaps (2,140) 429
Other (1,051) (1,259)
Decrease (increase) in working capital, net of acquisitions    
Receivables (111,068) (107,781)
Inventories (89,051) (57,260)
Prepaid expenses and other (4,361) (3,960)
Accounts payable and accrued liabilities 134,498 114,908
Pension contributions (1,042) (1,145)
Income taxes payable 18,586 7,063
Other 1,009 (1,288)
Net cash provided by operations 88,336 31,478
Cash provided by (used for) investment    
Expenditures for property and equipment (28,327) (29,551)
Acquisitions of businesses and facilities (17,577) 0
Proceeds from sales of assets and other 321 1,840
Net cash used for investment (45,583) (27,711)
Cash provided by (used for) financing    
Borrowings of long-term debt, including revolving credit facility 7,500 366,400
Payments on long-term debt, including revolving credit facility (7,500) (366,400)
Tax withholding payments on stock-based awards (5,120) (2,901)
Dividends paid on common stock (5,481) 0
Proceeds from the exercise of stock options 942 22
Other (223) (153)
Net cash used for financing (9,882) (3,032)
Net increase in cash and cash equivalents 32,871 735
Balance at beginning of the period 177,140 103,978
Balance at end of the period $ 210,011 $ 104,713