v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows From Operating Activities    
Net income (loss) $ (41,406) $ 19,711
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 32,947 29,270
Deferred compensation (income) expense 562 (996)
Realized and unrealized loss on long-term investments 114 493
Stock-based compensation 1,503 1,382
Deferred income taxes (12,333) 990
Business restructuring 64,844  
Other non-cash items 156 125
Changes in assets and liabilities:    
Receivables, net (46,188) (40,348)
Inventories 10,613 (16,892)
Other current assets (4,129) (11,070)
Accounts payable and accrued liabilities 10,191 27,361
Pension liabilities (28) (268)
Environmental and legal liabilities 554 (2,076)
Deferred revenues (466) (740)
Net Cash Provided By Operating Activities 16,934 6,942
Cash Flows From Investing Activities    
Expenditures for property, plant and equipment (30,888) (32,748)
Other, net 7,978 6,337
Net Cash Used In Investing Activities (22,910) (26,411)
Cash Flows From Financing Activities    
Revolving debt and bank overdrafts, net (Note 14) 35,700 33,800
Other debt repayments (10,714)  
Dividends paid (8,963) (8,684)
Stock option exercises 294 82
Other, net (2,715) (2,437)
Net Cash Provided By Financing Activities 13,602 22,761
Effect of Exchange Rate Changes on Cash 461 4,535
Net Increase in Cash and Cash Equivalents 8,087 7,827
Cash and Cash Equivalents at Beginning of Period 132,688 99,665
Cash and Cash Equivalents at End of Period 140,775 107,492
Supplemental Cash Flow Information    
Cash payments of income taxes, net of refunds 5,257 3,974
Cash payments of interest $ 6,000 $ 6,761