| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net income (loss) | ||||||||||
48,259 | 24,842 | 38,251 | 24,466 | -32,135 | 36,879 | 21,947 | 28,251 | 24,855 | 27,027 | -1,353 |
Adjustments for noncash items: | ||||||||||
Depreciation | ||||||||||
30,683 | 29,828 | 34,079 | 28,494 | 30,909 | 35,423 | 37,911 | 43,463 | 43,336 | 43,122 | 39,877 |
Amortization of identifiable intangibles | ||||||||||
13,601 | 3,976 | 6,198 | 3,978 | 4,073 | 5,395 | 6,744 | 5,806 | 1,399 | 466 | 120 |
Goodwill, Impairment Loss | ||||||||||
0 | 46,792 | 0 | 0 | 44,465 | 0 | 0 | - | - | - | 30,559 |
Amortization of Leased Asset | ||||||||||
2,588 | 0 | 0 | - | - | - | - | - | - | - | - |
Payment for Pension and Other Postretirement Benefits | ||||||||||
8,614 | 8,907 | 5,829 | 8,061 | 2,709 | 3,108 | - | - | - | - | - |
Deferred income taxes | ||||||||||
5,856 | 8,626 | -36,414 | -3,689 | -10,523 | -11,489 | -5,268 | -762 | 2,108 | -6,392 | 6,771 |
Accrued pension and post-retirement benefits | ||||||||||
9,642 | 10,406 | 10,193 | 11,047 | 12,521 | 6,974 | 13,911 | 8,311 | 2,481 | 1,125 | -2,654 |
(Gain) loss on investment in kaléo accounted for under the fair value method | ||||||||||
10,900 | 30,600 | 33,800 | 1,600 | -20,500 | 2,000 | 3,400 | 16,100 | 1,600 | -2,200 | 5,100 |
(Gain) loss on asset impairments and divestitures | ||||||||||
519 | 223 | 101,282 | 1,436 | 403 | 993 | 1,639 | 2,185 | 1,376 | 608 | 1,005 |
(Gain) loss on sale of assets | ||||||||||
6,334 | 46 | -553 | 220 | 11 | 1,031 | 0 | -1,219 | 653 | 15 | 3,462 |
Insurance Recoveries | ||||||||||
0 | 0 | 5,261 | 1,634 | 0 | 0 | - | - | - | - | - |
Changes in assets and liabilities: | ||||||||||
Accounts and other receivables | ||||||||||
-16,471 | 11,883 | 10,566 | -92 | -9,180 | 18,696 | 1,763 | -9,454 | 4,737 | 10,981 | -18,449 |
Inventories | ||||||||||
-11,315 | 9,577 | 9,128 | -1,127 | -1,137 | 8,803 | -1,727 | 9,913 | -2,410 | 7,717 | -2,200 |
Income taxes recoverable/payable | ||||||||||
-2,644 | -25,018 | 24,449 | 7,061 | 1,849 | 906 | -3,063 | -3,193 | 1,254 | 2,627 | -8,533 |
Prepaid expenses and other | ||||||||||
-795 | 1,924 | 784 | 1,914 | 1,256 | -496 | 651 | -1,883 | 271 | 969 | -1,209 |
Accounts payable and accrued expenses | ||||||||||
-2,937 | 5,571 | 21,123 | 161 | -2,455 | 5,554 | 3,043 | 9,105 | -282 | 2,942 | 7,023 |
Operating Leases, Rent Expense | ||||||||||
2,723 | 0 | 0 | - | - | - | - | - | - | - | - |
Other, net | ||||||||||
4,998 | 5,449 | 2,767 | 2,250 | 2,006 | 5,554 | -2,188 | -3,509 | 2,597 | -2,380 | 38 |
Net Cash Provided by (Used in) Operating Activities | ||||||||||
115,863 | 97,794 | 88,215 | 48,872 | 74,256 | 51,235 | 76,715 | 82,586 | 71,765 | 46,409 | 103,215 |
Cash flows from investing activities: | ||||||||||
Capital expenditures | ||||||||||
50,864 | 40,814 | 44,362 | 45,457 | 32,831 | 44,898 | 79,661 | 33,252 | 15,880 | 20,418 | 35,851 |
Acquisition, net of cash acquired | ||||||||||
0 | 0 | 87,110 | 0 | 0 | - | -561 | 57,936 | 180,975 | 5,500 | - |
Proceeds from Previous Acquisition | ||||||||||
- | 4,250 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from Divestiture of Businesses | ||||||||||
0 | 1,384 | 0 | 0 | - | 4,500 | 306 | - | - | - | - |
Proceeds from Insurance Settlement, Investing Activities | ||||||||||
0 | 0 | 5,739 | 1,156 | 0 | 0 | - | - | - | - | - |
Payments of Financing Costs | ||||||||||
- | - | 0 | 2,606 | 78 | 29 | - | - | - | - | - |
Net proceeds from the sale of investment property (2014) and Fallings Springs, LLC (2013 & 2012) | ||||||||||
- | - | - | - | - | - | - | 12,071 | - | - | - |
Proceeds from the sale of business | ||||||||||
- | - | - | - | - | - | - | - | 0 | - | - |
Proceeds from the sale of assets and other | ||||||||||
-10,936 | -1,098 | -129 | -2,308 | -1,416 | -2,125 | -1,190 | 3,557 | 1,622 | 3,768 | 4,146 |
Net cash used in investing activities | ||||||||||
-39,928 | -34,082 | -125,604 | -41,993 | -31,415 | -38,273 | -77,604 | -75,560 | -195,233 | -22,150 | -31,705 |
Payments for Repurchase of Common Stock | ||||||||||
-854 | -328 | 124 | - | - | - | - | - | - | 35,141 | 1,523 |
Cash flows from financing activities: | ||||||||||
Borrowings | ||||||||||
65,500 | 76,750 | 190,750 | 96,750 | 107,000 | 116,000 | 87,000 | 93,250 | 125,000 | 0 | 0 |
Debt principal payments | ||||||||||
-125,000 | -127,250 | -133,750 | -105,750 | -140,250 | -117,750 | -76,000 | -91,604 | -89 | -2,815 | -21,539 |
Dividends paid | ||||||||||
15,325 | 14,592 | 14,532 | 14,456 | 13,725 | 11,007 | 9,040 | 30,782 | 5,761 | 5,141 | 5,426 |
Payments of Debt Issuance Costs | ||||||||||
1,817 | 0 | - | - | - | - | - | - | - | - | - |
Proceeds from exercise of stock options and other | ||||||||||
184 | 1,332 | 819 | 2,313 | 2,858 | 410 | 3,317 | 2,400 | 1,242 | 980 | 244 |
Net cash (used in) provided by financing activities | ||||||||||
-77,312 | -64,088 | 43,163 | -23,749 | -44,195 | -12,376 | 5,277 | -26,736 | 120,392 | -42,117 | -28,244 |
Effect of exchange rate changes on cash | ||||||||||
-1,598 | -1,718 | 1,206 | 2,225 | -4,546 | -3,147 | -593 | -407 | -1,176 | 386 | 1,422 |
Increase (decrease) in cash and cash equivalents | ||||||||||
-2,975 | -2,094 | 6,980 | -14,645 | -5,900 | -2,561 | 3,795 | -20,117 | -4,252 | -17,472 | 44,688 |
Supplemental cash flow information: | ||||||||||
Interest payments | ||||||||||
4,358 | 5,421 | 5,808 | 3,074 | 3,508 | 3,320 | 2,583 | 2,992 | 1,966 | 911 | 786 |
Income tax payments (refunds), net | ||||||||||
2,595 | -24,020 | 9,193 | 15,406 | 20,118 | 20,890 | 19,480 | 14,721 | 8,594 | 23,539 | 3,019 |