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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash provided by (used for) operations    
Net income $ 45,786 $ 39,107
Items in net income not using (providing) cash    
Depreciation and amortization, including deferred financing costs and other 56,295 39,821
Stock-based compensation 3,345 4,069
Pension expense 1,023 911
Deferred income taxes (1,501) 5,629
Change in fair value of interest rate swaps 2,828 2,534
Loss on curtailment of facility (excluding severance) 1,476 0
Other 164 (33)
Decrease (increase) in working capital, net of acquisitions    
Receivables (129,532) (93,977)
Inventories 41,102 13,324
Prepaid expenses and other (6,989) (4,773)
Accounts payable and accrued liabilities 95,505 45,355
Pension contributions (1,062) (927)
Income taxes payable 8,616 16,735
Other 1,220 (923)
Net cash provided by operations 118,276 66,852
Cash provided by (used for) investment    
Expenditures for property and equipment (28,849) (32,824)
Acquisitions of businesses and facilities 0 (15,675)
Proceeds from sale of facilities 0 2,493
Proceeds from sales of assets and other 406 1,395
Net cash used for investment (28,443) (44,611)
Cash provided by (used for) financing    
Borrowings of long-term debt, including revolving credit facility 0 5,500
Payments of long-term debt, including revolving credit facility 0 5,500
Dividends paid on common stock (8,562) (7,562)
Tax withholding payments on stock-based awards (3,309) (3,574)
Other (1,763) (369)
Net cash used for financing (13,634) (11,505)
Net increase in cash and cash equivalents 76,199 10,736
Balance at beginning of the period 285,237 191,671
Balance at end of the period $ 361,436 $ 202,407