XML 55 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities      
Net (loss) income $ (30,351) $ (5,538) $ 38,059
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities      
Depreciation and amortization 12,660 12,027 9,724
Net loss on disposal of assets 550 19 84
Stock-based compensation 1,375 1,801 2,297
Stock issued to Board of Directors 220 162 162
Realized gain on investments   (8)  
Deferred taxes (5,166) (6,324) 13,447
Excess tax benefits from stock-based compensation 114 (160) (1,404)
Changes in operating assets and liabilities:      
Accounts receivable 9,098 19,975 (13,968)
Inventories 12,979 (24,258) (11,948)
Other inventory supplies 2,976 1,948 (9,929)
Prepaid expenses and other assets 1,571 1,981 (3,993)
Accounts payable (4,472) (4,004) 3,683
Accrued payroll (510) (581) (951)
Corporate income and franchise taxes (25) (391) 212
Accrued real estate taxes 39 22 49
Advance payments (364) 763 (1,094)
Accrued and other current liabilities (282) (172) 182
Net cash provided by (used in) operating activities 412 (2,738) 24,612
Cash flows from investing activities      
Purchases of property and equipment (8,721) (10,975) (48,228)
Proceeds from disposal of assets 141 10  
Purchase of investments (2,040) (5,281) (9,439)
Proceeds from sale of investments 11,390 34,300 25,000
Net cash provided by (used in) investing activities 770 18,054 (32,667)
Cash flows from financing activities      
Proceeds from exercise of options 140 72 742
Restricted cash 6 18 344
Purchase of treasury stock     (6,487)
Excess tax benefits from stock-based compensation (114) 160 1,404
Net cash provided by (used in) financing activities 32 250 (3,997)
Net effect of currency translation 284 (283) 269
Net increase (decrease) in cash and cash equivalents 1,498 15,283 (11,783)
Cash and cash equivalents, beginning of year 19,573 4,290 16,073
Cash and cash equivalents, end of year 21,071 19,573 4,290
Supplemental disclosure of cash flow information      
Cash paid for income taxes     6,050
Cash paid for interest $ 87