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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows From Operating Activities:      
Net Income $ 34,255 $ 36,593 $ 27,581
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 9,123 8,677 8,953
Deferred income taxes (625) (1,374) (247)
Stock-based compensation 1,659 1,602 1,566
Impairment of investment 1,399 0 345
Net change in accrued interest, premiums, and discounts on investments 47 (195) (37)
Other (18) 49 0
Net Cash Provided By Used In Operating Activities Before Changes In Operating Capital, Total 45,840 45,352 38,161
Changes in operating assets and liabilities:      
Accounts receivable 62 88 (546)
Inventories (4,218) (339) 756
Prepaid expenses and other current assets (43) (18) (247)
Other non-current assets (87) 75 (673)
Accounts payable and accrued liabilities 725 213 (324)
Accrued income and other taxes (127) 336 81
Other non-current liabilities 1,084 1,330 195
Net Cash Provided by Operating Activities, Total 43,236 47,037 37,403
Cash Flows From Investing Activities:      
Property, plant and equipment additions (17,507) (9,677) (10,639)
Purchase of investments (28,472) (69,193) (30,799)
Proceeds from sale of investments 0 0 210
Proceeds from maturities of investments 40,898 58,000 5,000
Net Cash Provided by (Used in) Investing Activities, Total (5,081) (20,870) (36,228)
Cash Flows From Financing Activities:      
Shares tendered for employees' withholding taxes on stock-based compensation (90) (7,735) (1,112)
Purchase of treasury stock 0 0 (1,276)
Dividends paid (9,448) (8,318) (7,111)
Net Cash Used in Financing Activities, Total (9,538) (16,053) (9,499)
Net change in cash and cash equivalents 28,617 10,114 (8,324)
Cash and cash equivalents, beginning of year 30,136 20,022 28,346
Cash and cash equivalents, end of year 58,753 30,136 20,022
Cash paid for:      
Income taxes, net of refunds 9,858 4,959 10,750
Non-cash financing activities:      
Non-cash effect of stock option exercises $ 0 $ 10,237 $ 0