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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income $ 21,947 $ 28,251 $ 24,855
Adjustments for noncash items:      
Depreciation 37,911 43,463 43,336
Amortization of intangibles 6,744 5,806 1,399
Deferred income taxes (5,268) (762) 2,108
Accrued pension and postretirement benefits 13,911 8,311 2,481
(Gain) loss on an investment accounted for under the fair value method (3,400) (16,100) (1,600)
Loss on asset impairments 1,639 2,185 1,376
(Gain) loss on sale of assets 0 1,219 (653)
Changes in assets and liabilities, net of effects of acquisitions and divestitures:      
Accounts and notes receivables (1,763) 9,454 (4,737)
Inventories 1,727 (9,913) 2,410
Income taxes recoverable 3,063 3,193 (1,254)
Prepaid expenses and other (651) 1,883 (271)
Accounts payable and accrued expenses 3,043 9,105 (282)
Other, net (2,188) (3,509) 2,597
Net cash provided by operating activities 76,715 82,586 71,765
Cash flows from investing activities:      
Capital expenditures (79,661) (33,252) (15,880)
Acquisitions, net of cash acquired 561 (57,936) (180,975)
Net proceeds from the sale of Fallings Springs, LLC 306 12,071 0
Proceeds from the sale of assets and other 1,190 3,557 1,622
Net cash used in investing activities (77,604) (75,560) (195,233)
Cash flows from financing activities:      
Borrowings 87,000 93,250 125,000
Debt principal payments and financing costs (76,000) (91,604) (89)
Dividends paid (9,040) (30,782) (5,761)
Proceeds from exercise of stock options and other 3,317 2,400 1,242
Net cash provided by (used in) financing activities 5,277 (26,736) 120,392
Effect of exchange rate changes on cash (593) (407) (1,176)
Increase (decrease) in cash and cash equivalents 3,795 (20,117) (4,252)
Cash and cash equivalents at beginning of period 48,822 [1] 68,939 73,191
Cash and cash equivalents at end of period 52,617 [1] 48,822 [1] 68,939
Supplemental cash flow information:      
Interest payments 2,583 2,992 1,966
Income tax payments (refunds), net $ 19,480 $ 14,721 $ 8,594
[1] Information on exports and foreign operations are provided on the next page. Cash and cash equivalents includes funds held in locations outside the U.S. of $38.6 million and $28.6 million at December 31, 2013 and 2012, respectively. Export sales relate almost entirely to Film Products. Operations outside the U.S. in The Netherlands, Hungary, China, Italy (sold in 2011), Brazil and India also relate to Film Products. Sales from our locations in The Netherlands, Hungary and Italy are primarily to customers located in Europe. Sales from our locations in China (Guangzhou and Shanghai) are primarily to customers located in China, but also include other customers in Asia. Sales activity at the new film products manufacturing facility in India was not significant in 2011.