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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net earnings available to common stockholders $ 11,382 $ 5,568
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 11,589 6,507
Stock-based compensation 1,376 1,143
Amortization of deferred financing costs 823 0
Deferred income taxes (1,857) (475)
Net unrealized (gains) losses on foreign currency revaluation (4,906) 290
Other, net (3,912) (21)
Changes in operating assets and liabilities:    
Accounts receivable 423 (4,235)
Inventories 1,621 4,539
Accounts payable 3,306 2,692
Accrued expenses (2,387) (2,298)
Other operating assets/liabilities, net 6,207 (1,016)
Net cash provided by operating activities 23,665 12,694
Cash flows from investing activities:    
Increase in cash equivalents within Rabbi Trust 0 (2,936)
Purchase of company-owned life insurance (COLI) 0 (2,820)
Purchases of property, plant and equipment (5,723) (2,969)
Payment for acquisition, net of cash acquired (see Note 2) 0 (109,879)
Proceeds from surrender of COLI 0 5,756
Proceeds from disposal/sale of property, plant and equipment 58 20
Net cash used in investing activities (5,665) (112,828)
Cash flows from financing activities:    
Dividends paid to common stockholders (1,527) (1,511)
Payment of deferred financing costs (15) (5,422)
Borrowings under revolving credit line 3,500 0
Repayments of revolving credit line (15,500) (12,000)
Reduction in notes payable (463) (255)
Proceeds from long-term debt 0 145,000
Repayments of long-term debt (14,375) 0
Net cash (used in) provided by financing activities (28,380) 125,812
Effect of exchange rate changes on cash and cash equivalents 4,650 (32)
Net (decrease) increase in cash and cash equivalents (5,730) 25,646
Cash and cash equivalents - beginning of period 77,138 [1] 62,123
Cash and cash equivalents - end of period 71,408 87,769
Supplementary information:    
Cash paid during the period for income taxes, net of refunds 1,894 1,387
Cash paid during the period for interest $ 3,359 $ 60
[1] Revised