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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net (loss) income $ (53,646) $ 70,168
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 44,278 41,984
Equity in undistributed earnings of associated companies, net of dividends (44) (4,221)
Deferred income taxes (15,634) (3,728)
Share-based compensation 6,903 8,128
Impairment charges 88,840 0
Restructuring and related charges, net 23,383 2,177
Inventory step-up amortization 6,022 0
Gain on disposal of property, plant and equipment and other assets (2,108) (509)
Other adjustments (5,228) 3,302
Increase (decrease) in cash from changes in current assets and current liabilities, net of acquisitions:    
Accounts receivable 3,022 10,483
Inventories (11,826) (9,141)
Prepaid expenses and other current assets (3,943) (15,646)
Accrued restructuring (15,946) (4,442)
Accounts payable and accrued liabilities (25,551) (25,021)
Net cash provided by operating activities 38,522 73,534
Cash flows from investing activities    
Investments in property, plant and equipment (20,289) (11,124)
Payments related to acquisitions, net of cash acquired (164,078) (24,899)
Proceeds from disposition of assets 2,950 2,798
Other investing activities 697 0
Net cash used in investing activities (180,720) (33,225)
Cash flows from financing activities    
Payments of long-term debt (17,205) (34,169)
Borrowings on revolving credit facilities, net 216,000 20,533
Payments on other debt, net (101) (37)
Dividends paid (17,146) (16,372)
Shares purchased under share repurchase programs (32,693) (7,760)
Other stock related activity (1,301) (1,492)
Net cash provided by (used in) financing activities 147,554 (39,297)
Effect of foreign exchange rate changes on cash 7,682 (6,971)
Net increase (decrease) in cash and cash equivalents 13,038 (5,959)
Cash and cash equivalents at the beginning of the period 188,880 194,527
Cash and cash equivalents at the end of the period 201,918 188,568
Non-cash activities:    
Change in accrued purchases of property, plant and equipment, net $ (5,391) $ 878