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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash provided by (used for) operating activities:    
Net income $ 2,743 $ 5,189
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 5,929 4,667
Provision for doubtful accounts (40) 2
Provision for inventory write-downs 756 906
Deferred income taxes (407) (806)
Tax benefit from exercise of stock options and vested restricted stock 616 567
Excess tax benefit from stock-based compensation (668) (587)
Shares issued for employee benefit plan 345 391
Employee and director stock-based compensation 2,493 1,959
Performance-based warrant stock-based compensation 866 0
Changes in operating assets and liabilities:    
Accounts receivable 12,255 342
Inventories 5,095 (5,993)
Prepaid expenses and other assets (1,604) 755
Accounts payable and accrued expenses (22,900) (12,209)
Accrued income taxes (2,338) (832)
Net cash provided by (used for) operating activities 3,141 (5,649)
Cash used for investing activities:    
Acquisition of property, plant, and equipment (7,480) (7,210)
Acquisition of intangible assets (564) (681)
Net cash used for investing activities (8,044) (7,891)
Cash provided by (used for) financing activities:    
Borrowings under line of credit 42,987 0
Repayments on line of credit (35,000) 0
Proceeds from stock options exercised 1,935 989
Treasury stock purchased (1,724) (4,021)
Excess tax benefit from stock-based compensation 668 587
Net cash provided by (used for) financing activities 8,866 (2,445)
Effect of exchange rate changes on cash (852) 566
Net increase (decrease) in cash and cash equivalents 3,111 (15,419)
Cash and cash equivalents at beginning of year 52,966 112,521
Cash and cash equivalents at end of period 56,077 97,102
Supplemental cash flow information:    
Income taxes paid 2,933 2,000
Interest paid $ 302 $ 0