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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
OPERATING ACTIVITIES    
Net income $ 10,461 $ 6,873
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 690 536
Gain on sale of equipment and property (12) (17)
Stock-based compensation expense 1,481 1,372
Excess tax benefits for share-based payments (221) (311)
Deferred income tax provision (benefit) 453 (462)
(Increase) decrease in assets:    
Accounts receivable (1,592) (1,494)
Inventories (3,487) 4,286
Prepaid expenses and other current assets (120) 195
Income taxes receivable (590) 360
Other non-current assets 95 (339)
Increase (decrease) in liabilities:    
Accounts payable 5,506 369
Income taxes payable 374 426
Accrued expenses and other liabilities 202 1,261
Other long-term liabilities (522) 93
Net cash provided by operating activities 12,718 13,148
INVESTING ACTIVITIES    
Capital expenditures (3,604) (345)
Proceeds from sale of assets 7 39
Purchases of marketable securities (9,896) (15,324)
Sales of marketable securities 11,389 4,719
Maturities of marketable securities 900 2,690
Net cash used for investing activities (1,204) (8,221)
FINANCING ACTIVITIES    
Payment of dividends (4,588) (3,435)
Excess tax benefits for share-based payments 221 311
Cash paid for common stock purchased and retired (2,108) (1,621)
Net cash used for financing activities (6,475) (4,745)
Net increase in cash and cash equivalents 5,039 182
Cash and cash equivalents at beginning of period 4,072 5,114
Cash and cash equivalents at end of period 9,111 5,296
Supplemental information:    
Income tax payments, net $ 4,757 $ 2,632