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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities    
Net income $ 42,618 $ 39,842
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 7,680 7,001
Stock-based compensation expense 2,826 2,091
Deferred income taxes (869) (1,142)
Changes in operating assets and liabilities:    
Trade receivables, net 14,680 46,162
Inventories, net (26,333) (11,683)
Prepaids and other assets (5,096) 434
Excess tax benefits of stock options and awards (49) (606)
Accounts payable and accrued expenses 13,146 (7,116)
Net cash provided by operating activities 48,603 74,983
Investing activities    
Purchase of property, plant and equipment (13,220) (12,070)
Proceeds from sale of equipment 356 166
Net cash used in investing activities (12,864) (11,904)
Financing activities    
Proceeds from exercise of stock options 463 3,067
Excess tax benefits of stock options and awards 49 606
Net cash provided by financing activities 512 3,673
Effect of exchange rate changes on cash activities 331 (4,969)
Increase in cash and cash equivalents 36,582 61,783
Cash and cash equivalents at beginning of period 384,356 257,191
Cash and cash equivalents at end of period $ 420,938 $ 318,974