XML 15 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 25,201 $ 8,791
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 13,881 14,993
Amortization 32,329 28,069
Stock-based compensation 7,465 6,340
Impairment charges 4,212 0
Deferred income taxes (1,268) (5,129)
Increase in cash flows from changes in assets and liabilities:    
Accounts receivable 4,361 6,210
Inventories (13,677) (12,062)
Accounts payable 6,212 7,801
Accrued compensation and benefits 465 (5,151)
Other assets (20,323) (17,917)
Other liabilities (8,860) 12,809
Total operating 24,797 35,963
Net cash provided by operating activities 49,998 44,754
Cash flows from investing activities:    
Purchases of property, plant and equipment (11,751) (9,232)
Payments to Acquire Businesses Net of Cash Acquired and Asset Acquisitions 0 (15,194)
Net cash used in investing activities (11,751) (24,426)
Cash flows from financing activities:    
Payments on term loan (9,844) (6,563)
Payments on revolving line of credit (119,000) (98,000)
Proceeds from revolving line of credit 104,000 115,000
Dividends paid on common stock (16,819) (16,722)
Other, net 1,043 (887)
Net cash used in financing activities (40,620) (7,172)
Effect of exchange rate changes on cash and cash equivalents (558) 3,450
Net increase (decrease) in cash and cash equivalents (2,931) 16,606
Cash and cash equivalents at beginning of period 32,622 27,428
Cash and cash equivalents at end of period 29,691 44,034
Non-cash investing and financing activities:    
Contractual obligations from asset acquisition 25,849 0
Dividends payable $ 5,625 $ 5,585