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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net (loss) income $ (5,670) $ 24,444
Adjustments to reconcile net income to net cash used for operating activities:    
Depreciation and amortization 27,809 30,175
Deferred income tax provision 156 287
Stock-based compensation 555 618
Issuance of treasury stock under 401(k) plan 459 279
Foreign currency translation (gain) loss (1,789) 8,034
(Increase) decrease in assets:    
Accounts receivable (27,193) (70,633)
Inventories 14,258 (47,612)
Prepaid and other current assets (1,763) (4,555)
Other assets 1,305 (4,642)
Increase (decrease) in liabilities:    
Accounts payable (3,863) 39,550
Other current liabilities (6,949) (660)
Other liabilities (7,316) (5,212)
Net cash used for operating activities (10,001) (29,927)
Cash flows from investing activities:    
Capital expenditures (16,725) (18,416)
Payment related to redeemable noncontrolling interest agreement (41,000) 0
Other 1,235 884
Net cash used for investing activities (56,490) (17,532)
Cash flows from financing activities:    
Proceeds from borrowings 92,723 40,078
Payment on debt (42,083) (24,527)
Dividends paid (599) (598)
Net cash provided by financing activities 50,041 14,953
Effect of exchange rate changes on cash 1,131 (4,573)
Net decrease in cash and cash equivalents (15,319) (37,079)
Cash and cash equivalents, beginning of period 81,685 143,570
Cash and cash equivalents, end of period 66,366 106,491
Supplemental information:    
Interest paid 16,416 15,801
Income taxes paid, net of refunds received $ 4,203 $ 5,025