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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net income (loss) $ 116,729,000 $ 112,872,000 $ (15,842,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Amortization of debt issuance costs 1,413,000 1,413,000 2,942,000
Depreciation and amortization 84,119,000 81,987,000 80,467,000
Equity in undistributed earnings of associated companies, net of dividends (2,733,000) (11,149,000) 1,005,000
Deferred income taxes (10,033,000) (11,442,000) (10,552,000)
Uncertain tax positions (non-deferred portion) (2,372,000) (644,000) (6,398,000)
Deferred compensation and other, net 4,867,000 5,711,000 2,613,000
Share-based compensation 14,991,000 14,605,000 11,666,000
Loss on extinguishment of debt 0 0 5,246,000
Gain on disposal of property, plant, equipment and other assets (810,000) (1,307,000) (168,000)
Impairment charges 0 0 93,000,000
Restructuring and related charges 6,530,000 7,588,000 3,163,000
Pension and other postretirement benefits (4,460,000) (2,079,000) (7,964,000)
Increase (decrease) in cash from changes in current assets and current liabilities, net of acquisitions:      
Accounts receivable 24,975,000 32,169,000 (59,112,000)
Inventories (3,244,000) 49,751,000 (29,858,000)
Prepaid expenses and other current assets (6,242,000) (21,000) 3,705,000
Accrued restructuring (7,595,000) (9,786,000) (1,532,000)
Accounts payable and accrued liabilities (8,637,000) 5,937,000 (27,899,000)
Estimated taxes on income (loss) (2,920,000) 3,415,000 (2,688,000)
Net cash provided by operating activities 204,578,000 279,020,000 41,794,000
Cash flows from investing activities      
Investments in property, plant and equipment (41,794,000) (38,800,000) (28,539,000)
Payments related to acquisitions, net of cash acquired (39,302,000) 0 (13,115,000)
Proceeds from disposition of assets 4,676,000 11,179,000 1,463,000
Net cash used in investing activities (76,420,000) (27,621,000) (40,191,000)
Cash flows from financing activities      
Payments of long-term debt (57,221,000) (38,932,000) (673,203,000)
Proceeds from long-term debt 0 0 750,000,000
Borrowings (payments) on revolving credit facilities, net 17,916,000 (164,769,000) (16,281,000)
Borrowings (payments) on other debt, net 1,441,000 (506,000) (1,629,000)
Financing-related debt issuance costs 0 0 (3,734,000)
Dividends paid (33,170,000) (31,650,000) (30,103,000)
Shares purchased under share repurchase program (49,247,000) 0 0
Other stock related activity (2,383,000) (2,749,000) (378,000)
Net cash (used in) provided by financing activities (122,664,000) (238,606,000) 24,672,000
Effect of foreign exchange rate changes on cash (11,141,000) 771,000 (10,488,000)
Net (decrease) increase in cash and cash equivalents (5,647,000) 13,564,000 15,787,000
Cash and cash equivalents at the beginning of the period 194,527,000 180,963,000 165,176,000
Cash and cash equivalents at the end of the period 188,880,000 194,527,000 180,963,000
Supplemental cash flow disclosures:      
Income taxes, net of refunds 60,581,000 57,410,000 35,327,000
Interest 44,536,000 54,892,000 29,074,000
Non-cash activities:      
Change in accrued purchases of property, plant and equipment, net $ 11,282,000 $ (746,000) $ 278,000