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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows From Operating Activities    
Net income $ 8,009 $ 6,758
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation & amortization 6,336 5,571
Amortization of debt issuance costs 174 157
Loss on disposals of property, plant and equipment 75 70
Deferred rent 710 678
Stock based compensation 842 1,229
Deferred income taxes 1,223 283
Changes in operating assets and liabilities:    
Trade receivables (559) (402)
Inventories 5,016 5,642
Prepaid expenses and other assets 4,589 576
Accounts payable (2,413) (703)
Income tax receivable / payable 3,888 2,852
Accrued expenses and other liabilities (7,836) 4,762
Net cash provided by operating activities 20,054 27,473
Cash Flows From Investing Activities    
Purchases of property, plant and equipment (9,963) (6,375)
Net cash used in investing activities (9,963) (6,375)
Cash Flows From Financing Activities    
Release of restricted cash 1,269  
Payments of long-term debt and capital lease obligations (16,272) (15,031)
Advances on line of credit 15,000  
Dividends paid (2,581)  
Proceeds from exercise of stock options 42 9
Employee taxes paid for shares withheld (32)  
Security deposits   (3)
Net cash used in financing activities (2,574) (15,025)
Effect of exchange rate changes on cash 5 2
Net change in cash 7,522 6,075
Cash and cash equivalents beginning of period 6,067 10,330
Cash and cash equivalents end of period 13,589 16,405
Supplemental disclosure of cash flow information    
Purchases of property, plant and equipment included in accounts payable and accrued expenses 2,867 1,052
Cash paid for interest 481 673
Cash (received) paid for income taxes, net $ (44) $ 1,607