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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash Flows from Operating Activities      
Net income $ 31,966 $ 34,206 $ 39,214
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 20,744 21,343 20,966
Amortization 3,334 3,033 1,299
Provision for doubtful accounts 18 1,011 629
Provision for warranties 13,743 12,796 12,199
Deferred compensation provision 241 74 601
Deferred income tax benefit (2,559) (2,544) (2,220)
Gain on disposition of fixed assets (529) (306) (163)
Tax expense (benefit) from stock incentive plans (345) (586) 8
Stock-based compensation 1,250 1,200 1,461
Distributions to SERP participants (2,986) 0 0
Change in operating assets and liabilities:      
Sale (purchase) of trading securities, net (405) 118 (1,350)
Trade and other receivables 3,163 (6,924) (8,849)
Inventories (6,499) (41,933) (36,561)
Prepaid expenses (3,016) (3,989) (5,433)
Other assets (968) (4,763) (3,215)
Accounts payable (11,409) 10,755 1,028
Customer deposits (3,697) 5,483 (5,436)
Accrued product warranty (14,177) (15,563) (10,163)
Income taxes payable (4,093) (1,136) (823)
Accrued retirement benefit costs 24 (201) (324)
Accrued loss reserves 103 305 199
Other accrued liabilities 3,576 3,289 1,085
Other 3,387 3,195 1,709
Net cash provided by operating activities 30,866 18,863 5,861
Cash Flows from Investing Activities      
Business acquisitions, net of cash acquired 178 (34,965) 0
Proceeds from sale of property and equipment 10,054 743 424
Expenditures for property and equipment (21,202) (24,851) (27,673)
Sale (purchase) of investments 378 16,249 (15,000)
Net cash used by investing activities (10,592) (42,824) (42,249)
Cash Flows from Financing Activities      
Payment of dividends (9,193) (9,167) (6,856)
Borrowings under bank loans 106,034 113,547 0
Repayment of bank loans (104,567) (103,188) 0
Proceeds from issuance of common stock 72 282 112
Tax (expense) benefit from stock option exercise 345 586 (8)
Sale (purchase) of shares of subsidiaries, net (653) 1,428 735
Sale (purchase) of company shares by SERP, net 2,084 (95) 213
Withholding tax paid upon vesting of restricted stock units (600) (953) (782)
Proceeds from cash surrender value of life insurance 416 0 0
Net cash provided (used) by financing activities (6,062) 2,440 (6,586)
Effect of exchange rates on cash (2,173) (1,020) (2,391)
Increase (decrease) in cash and cash equivalents 12,039 (22,541) (45,365)
Cash and cash equivalents, beginning of year 13,023 35,564 80,929
Cash and cash equivalents, end of year 25,062 13,023 35,564
Cash paid during the year for:      
Interest 1,651 476 229
Income taxes, net of refunds $ 29,573 $ 23,027 $ 20,331