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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 29,138 $ 25,975
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20,973 21,196
LIFO expense 3,445 6,414
Pension expense 1,989 2,426
Stock based compensation 3,025 2,335
Contributions to pension plans (4,510) (2,250)
Amortization of debt issuance fees 6,110 2,247
Gain on sale of property, plant, and equipment (1,021) 0
Other 296 1,282
Changes in operating assets and liabilities:    
Accounts receivable, net 1,426 (6,515)
Inventories, net (921) 656
Accounts payable 2,885 230
Commissions payable (3,875) (531)
Deferred revenue and customer deposits (2,833) 2,053
Income taxes 670 2,186
Accrued expenses and other (1,894) 5,499
Benefit obligations 5,671 8,456
Net cash provided by operating activities 60,574 71,659
Cash flows from investing activities:    
Capital additions (10,309) (16,917)
Proceeds from sale of property, plant, and equipment 2,278 0
Other 0 608
Net cash used for investing activities (8,031) (16,309)
Cash flows from financing activities:    
Cash dividends (14,157) (13,732)
Treasury share repurchases (267) (1,028)
Proceeds from bank borrowings 400,000 5,000
Payments to banks for borrowings (428,375) (33,125)
Debt issuance fees (746) 0
Other (86) (519)
Net cash used for financing activities (43,631) (43,404)
Effect of exchange rate changes on cash 271 (540)
Net increase in cash and cash equivalents 9,183 11,406
Cash and cash equivalents:    
Beginning of period 30,518 6,783
End of period $ 39,701 $ 18,189