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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 5,677 $ 5,751
Adjustments to reconcile net earnings to net cash (used for) provided by operating activities -    
Depreciation 1,738 1,888
Amortization 222 151
Bad debt expense 111 152
Deferred income taxes (483) 344
Net foreign currency transaction losses (gains) 443 (4)
Stock-based compensation 721 676
Pension contribution (357) (1,300)
Pension expense 1,874 1,106
Increase in cash surrender value of life insurance (115) (115)
Changes in operating assets and liabilities -    
Accounts receivable 11,407 7,236
Inventories (17,000) (143)
Prepaid expenses and other assets 2,678 2,514
Accounts payable (8,450) (7,541)
Accrued liabilities and other (5,759) (998)
Accrued income taxes (1,411) (1,953)
Net cash (used for) provided by operating activities (8,704) 7,764
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of marketable securities (600) (7,427)
Proceeds from maturities of marketable securities 4,150 3,382
Life insurance premiums paid (155) (155)
Purchases of property, plant and equipment (958) (725)
Net cash provided by (used for) investing activities 2,437 (4,925)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash dividends paid (6,256) (5,954)
Shares purchased and retired (2,421) (1,249)
Proceeds from stock options exercised 2,512 608
Proceeds from bank borrowings 75,935 33,999
Repayments of bank borrowings (63,216) (35,179)
Income tax benefits from stock-based compensation 451 37
Net cash provided by (used for) financing activities 7,005 (7,738)
Effect of exchange rate changes on cash and cash equivalents (142) 152
Net increase (decrease) in cash and cash equivalents 596 (4,747)
CASH AND CASH EQUIVALENTS at beginning of period 12,499 15,969
CASH AND CASH EQUIVALENTS at end of period 13,095 11,222
SUPPLEMENTAL CASH FLOW INFORMATION:    
Income taxes paid, net of refunds 4,735 4,498
Interest paid $ 30 $ 46