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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 7,884 $ 6,520
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,065 7,044
LIFO expense 993 2,032
Pension expense 663 808
Stock based compensation 1,074 465
Amortization of debt issuance fees 767 740
Other 97 14
Changes in operating assets and liabilities:    
Accounts receivable, net (5,425) (4,264)
Inventories, net 1,462 (7,533)
Accounts payable 4,624 7,236
Commissions payable (1,826) 961
Deferred revenue and customer deposits (169) 859
Income taxes 2,406 1,534
Accrued expenses and other (4,120) 2,909
Benefit obligations (4,753) (703)
Net cash provided by operating activities 10,742 18,622
Cash flows from investing activities:    
Capital additions (3,906) (6,450)
Other (52) (426)
Net cash used for investing activities (3,854) (6,024)
Cash flows from financing activities:    
Cash dividends (4,715) (4,567)
Treasury share repurchases (267) (1,028)
Proceeds from bank borrowings 0 5,000
Payments to banks for borrowings 4,375 6,375
Other (17) (34)
Net cash used for financing activities (9,374) (7,004)
Effect of exchange rate changes on cash (260) (146)
Net increase (decrease) in cash and cash equivalents (2,746) 5,448
Cash and cash equivalents:    
Beginning of period 30,518 6,783
End of period $ 27,772 $ 12,231