v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ (12,298) $ 54,715
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 41,751 38,639
(Gain) loss on disposal of assets 134 (177)
Deferred income taxes (1,889) 6,646
Stock-based compensation 3,878 4,287
Amortization of deferred financing fees 304 309
Changes in assets and liabilities, net of business acquisitions:    
Accounts and other receivables (33,341) (13,994)
Inventories 42,350 (9,378)
Taxes receivable 1,095 (14,740)
Accounts payable (22,934) 12,423
Income taxes payable (1,027) (663)
Accrued liabilities (2,001) 561
Deferred income and customer advances (12,556) (35,680)
Other assets and liabilities (8,760) (10,395)
Net cash provided by (used for) operating activities (5,294) 32,553
Cash flows from investing activities:    
Expenditures for property, plant and equipment (56,650) (62,327)
Other investing activities (222) (5,891)
Net cash used for investing activities (56,872) (68,218)
Cash flows from financing activities:    
Borrowings from line of credit 261,500 231,500
Repayments of line of credit (201,500) (186,500)
Principal payments of finance leases (513) (491)
Dividend payments (8,627) (8,580)
Purchase of treasury stock (1,397) (1,537)
Issuance of common stock 154 155
Net cash provided by financing activities 49,617 34,547
Net change in cash and cash equivalents (12,549) (1,118)
Cash and cash equivalents at beginning of period 19,766 19,564
Cash and cash equivalents at the end of period 7,217 18,446
Supplemental non-cash investing activities:    
Capital expenditures included in accounts payable 9,301 14,762
Supplemental cash activities:    
Cash paid for interest 4,452 2,297
Cash paid for income taxes, net of refund $ 3,795 $ 15,080