v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities    
Net income $ 37,735 $ 44,159
Income from discontinued operations, net of taxes 0 (30)
Income from continuing operations 37,735 44,129
Adjustments to reconcile income from continuing operations to net cash provided by (used in) operating activities - continuing operations:    
Depreciation and amortization 28,068 26,544
Long-Lived Asset, Held and Used, Impairment Loss 1,112 38
Net gain on sale of assets (667) (3,801)
Net gain on sale of businesses (1,192) (361)
Unrealized Gain (Loss) on Investments (6,128) 4,822
Stock-based compensation expense 1,538 1,447
Equity method earnings (1,600) (8,292)
Amortization of debt discounts and debt issuance costs 786 1,290
Deferred tax benefit (1,269) (516)
Pension and other postretirement benefit plan cost 2,142 1,364
Dividends received from equity method investments 2,114 197
Insured Event, Gain (Loss) 0 (1,407)
Other 10 (1,365)
Changes in operating assets and liabilities:    
Receivables, net of allowances (43,266) (144,356)
Inventories 16,539 1,420
Prepaids, other current assets and other assets (16,664) (1,745)
Accounts payable, accrued liabilities and other liabilities (41,725) 1,803
Net cash used in operating activities - continuing operations (22,467) (78,789)
Investing activities    
Sales of assets 1,644 4,824
Capital expenditures (17,758) (52,836)
Proceeds from sale of businesses, net of transaction costs and cash transferred 4,968 361
Insurance proceeds 0 15,826
Net sales of unconsolidated affiliates 223 0
Other 85 (13)
Financing activities    
Proceeds from borrowings and overdrafts 462,060 312,077
Repayments on borrowings and overdrafts (403,176) (248,815)
Dividends paid to shareholders (8,599) (7,765)
Dividends paid to noncontrolling interests (2,042) (2,192)
Payments for Repurchase of Common Stock (4,644) 0
Payment, Tax Withholding, Share-Based Payment Arrangement (3,116) 0
Payment of contingent consideration 0 (38)
Net cash provided by financing activities - continuing operations 40,483 53,267
Effect of foreign exchange rate changes on cash (1,864) 5,954
Net cash used in operating activities - discontinued operations 0 (22,054)
Net cash used in investing activities - discontinued operations 0 (1,737)
Cash used in discontinued operations, net 0 (23,791)
Increase (decrease) in cash and cash equivalents 5,314 (75,197)
Cash and cash equivalents at beginning of period, including discontinued operations 267,854 331,719
Cash and cash equivalents at end of period, including discontinued operations 273,168 256,522
Income tax payments, net of refunds (12,935) (9,465)
Interest payments on borrowings (13,736) (16,657)
Net cash used in investing activities - continuing operations $ (10,838) $ (31,838)