v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities    
Net income $ 71,269 $ 59,605
Depreciation and amortization 18,352 16,251
Stock-based compensation (Note 12) 3,812 2,629
Pension (income) expense (4,378) (3,848)
Deferred income tax benefit (Note 11) 0 (83)
Loss on asset dispositions, net 160 8
Pension contributions (Note 16) (2,229) (1,832)
Currency exchange losses, net 199 4,076
Changes in:    
Trade receivables (19,120) (13,727)
Inventories (Note 5) (8,689) (4,422)
Accounts payable 7,457 8,502
Other current assets and liabilities 7,485 (5,173)
Other noncurrent assets and liabilities 1,369 (153)
Cash Flow From Operating Activities 75,687 61,833
Investing Activities    
Capital expenditures (10,587) (10,784)
Property disposals and other investing 34 18
Cash Flow Used in Investing Activities (10,553) (10,766)
Financing Activities    
Proceeds from long-term debt (Note 13) 296,000 246,000
Payments on long-term debt (Note 13) (262,240) (253,466)
Cash dividends paid (20,561) (20,033)
Company stock purchases (Note 8) (60,444) (18,343)
Exercise of stock options (Note 8) 22 230
Cash Flow Used in Financing Activities (47,223) (45,612)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2,568) 743
Change in cash, cash equivalents and restricted cash 15,343 6,198
Beginning cash, cash equivalents and restricted cash 165,992 165,097
Ending cash, cash equivalents and restricted cash 181,335 171,295
Supplemental cash flow information:    
Cash and cash equivalents 180,158 170,617
Restricted cash included in prepaid expenses and other current assets 1,177 678
Total cash, cash equivalents and restricted cash $ 181,335 $ 171,295