XML 28 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jun. 29, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 6,021 $ 5,112
Reconciliation to cash flows:    
Depreciation and amortization 2,984 3,316
Deferred income taxes 0 277
Stock compensation expense 405 251
(Gain) loss from property disposals (4) 26
Changes in operating accounts providing (using) cash:    
Trade receivables (1,971) (1,842)
Inventories (8,129) (7,057)
Accounts payable 3,763 2,176
Accrued liabilities (1,695) (852)
Income taxes (688) (604)
Other 738 507
Net cash provided by operating activities 1,424 1,310
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property, plant, and equipment (3,298) (4,063)
Purchases of investments (8,798) (9,136)
Sale and maturities of investments 4,520 4,345
Proceeds from property disposals 18 42
Net cash used in investing activities (7,558) (8,812)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash dividends paid (3,823) (3,592)
Shares Surrendered for payroll taxes 295 485
Proceeds from the exercise of stock options 0 186
Excess tax benefit from share-based compensation 0 (225)
Shares repurchased (1,431) 0
Net cash used in financing activities (5,549) (4,116)
NET DECREASE IN CASH AND CASH EQUIVALENTS (11,683) (11,618)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 33,486 28,715
CASH AND CASH EQUIVALENTS, END OF PERIOD 21,803 17,097
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for income taxes 4,325 3,686
Noncash investing activities - Capital expenditures in accounts payable $ 185 $ 785