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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net income $ 5,714 $ 6,241
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization expense 4,113 4,061
Stock-based compensation expense 745 604
Amortization of debt issuance costs and debt discount 482 158
Loss on sale of a discontinued operation   1,039
Excess tax benefits from stock-based compensation (239)  
Deferred income tax (58) 10,067
Other, net (13) (20)
Changes in operating assets and liabilities:    
Accounts receivable 7,711 1,382
Inventories 1,957 (5,610)
Prepaid expenses and other assets (532) 959
Income taxes 4,433 (10,454)
Accounts payable (3,758) 4,164
Accrued expenses (3,980) (876)
Deferred revenue and customer deposits 199 941
Other liabilities (18) 23
Cash provided by operating activities 16,756 12,679
Investing activities    
Acquisitions of plant, equipment and leasehold improvements (3,780) (5,658)
Proceeds from sale of a discontinued operation   5,000
Cash used in investing activities (3,780) (658)
Financing activities    
Payment on Senior Term Loan   (6,629)
Excess tax benefits from stock-based compensation 239  
Redemption of preferred and common stock   (417)
Cash provided by (used in) financing activities 239 (7,046)
Effect of exchange rates on cash 32 (138)
Net increase in cash and cash equivalents: 13,247 4,837
Cash and cash equivalents, beginning of period 13,606 12,941
Cash and cash equivalents, end of period 26,853 17,778
Supplemental disclosures of cash flow information    
Interest 4,621 1,699
Income taxes $ (1,567) $ 2,015