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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:      
Net income $ 18,769 $ 15,227 $ 15,670
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 7,543 7,594 7,880
Reduction of goodwill from disposition of product line 0 2,711 0
Gain on sale of discontinued operations 0 0 (5,849)
Provision for accounts receivable allowances 2,862 4,746 4,884
Deferred tax provision (benefit) 2,511 (4,257) 5,552
(Gain) loss on sale or disposal of assets (8) 155 (784)
Share-based compensation expense 1,843 1,783 1,683
Changes in assets and liabilities:      
(Increase) in accounts receivable (3,972) (2,952) (7,499)
Decrease (increase) in inventories 3,346 8,106 (2,578)
(Increase) decrease in other assets (1,282) (704) 757
(Decrease) in accounts payable (2,536) (4,073) (7,541)
(Decrease) increase in accrued income taxes (726) 1,290 47
(Decrease) increase in accrued expenses and long-term obligations (110) 1,802 1,188
Net cash provided by operating activities-continuing operations 28,240 31,428 13,410
Net cash (used for) provided by operating activities-discontinued operations (410) (1,565) 12,386
Net cash provided by operating activities 27,830 29,863 25,796
Cash flows from investing activities:      
Purchase of held-to-maturity investment securities (29,862) 0 0
Purchase of property, plant and equipment (5,024) (4,494) (3,532)
Proceeds from disposition of product line, net 0 1,758 0
Proceeds from sale of assets 8 17 57
Net cash used for investing activities-continuing operations (34,878) (2,719) (3,475)
Net cash provided by investing activities-discontinued operations 500 4,500 2,509
Net cash (used for) provided by investing activities (34,378) 1,781 (966)
Cash flows from financing activities:      
Payments on long-term debt obligations 0 0 (66)
Borrowings on notes payable 0 0 74,270
Payments on notes payable 0 0 (74,270)
Dividends paid (5,637) (5,731) (5,837)
Purchase of treasury stock (6,634) (4,864) (1,648)
Proceeds from exercise of stock options 49 192 365
Payments for tax withholding on net restricted stock settlements (563) (262) (60)
Tax effect of stock awards 425 (6) (26)
Net cash used for financing activities (12,360) (10,671) (7,272)
Net (decrease) increase in cash and cash equivalents (18,908) 20,973 17,558
Cash and cash equivalents at beginning of period 87,108 66,135 48,577
Cash and cash equivalents at end of period $ 68,200 $ 87,108 $ 66,135