XML 24 R7.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net Income (Loss) Attributable to Parent $ 8,134 $ (70,314)
Adjustments for noncash items:    
Depreciation 18,372 19,516
Amortization of identifiable intangibles 1,410 1,433
Reduction of right-of-use lease asset 1,735 1,633
Goodwill, Impairment Loss 0 34,891
Deferred income taxes 2,975 (16,820)
Accrued pension and post-retirement benefits 163 9,955
Pension settlement loss 0 25,612
Stock-based compensation expense 1,950 1,196
Gain on investment in kaléo (144) (262)
Write-down of Richmond, Virginia Technical Center assets 0 3,387
Changes in assets and liabilities:    
Accounts and other receivables (14,683) 14,630
Inventories (8,711) 49,589
Income taxes recoverable/payable (952) (1,688)
Prepaid expenses and other (286) (142)
Accounts payable and accrued expenses (3,454) (27,970)
Lease liability (2,118) (1,669)
Pension and postretirement benefit plan contributions (455) (455)
Other, net 2,117 1,716
Net Cash Provided by (Used in) Operating Activities 6,053 44,238
Cash flows from investing activities:    
Capital expenditures (7,696) (22,270)
Proceeds from Sale of Investment Projects 144 262
Net cash provided by (used in) investing activities (7,469) (22,008)
Cash flows from financing activities:    
Borrowings 519,274 87,000
Debt principal payments (522,240) (69,000)
Dividends paid 0 (8,884)
Debt financing costs (587) (1,404)
Net cash provided by (used in) financing activities (3,553) 7,712
Effect of exchange rate changes on cash (1,898) (570)
Increase (decrease) in cash, cash equivalents and restricted cash (6,867) 29,372
Cash, cash equivalents, and restricted cash at beginning of period 13,455 19,232
Cash, cash equivalents, and restricted cash at end of period 6,588 48,604
Proceeds from Sale of Other Assets, Investing Activities $ 83 $ 0