XML 83 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements Of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net earnings $ 26,477,000us-gaap_NetIncomeLoss $ 41,252,000us-gaap_NetIncomeLoss $ 38,875,000us-gaap_NetIncomeLoss
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Intangibles amortization 11,991,000us-gaap_AmortizationOfIntangibleAssets 667,000us-gaap_AmortizationOfIntangibleAssets 1,049,000us-gaap_AmortizationOfIntangibleAssets
Provision for depreciation 9,828,000us-gaap_Depreciation 8,277,000us-gaap_Depreciation 10,136,000us-gaap_Depreciation
Deferred income tax provision (benefit) (1,005,000)us-gaap_DeferredIncomeTaxExpenseBenefit 239,000us-gaap_DeferredIncomeTaxExpenseBenefit (4,792,000)us-gaap_DeferredIncomeTaxExpenseBenefit
Impairment of finite lived intangible assets 2,063,000us-gaap_ImpairmentOfIntangibleAssetsFinitelived    
Change in contingent consideration liability   (3,000,000)us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1  
Goodwill impairment 0us-gaap_GoodwillImpairmentLoss 2,840,000us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss
Loss (gain) on disposal and impairment of property, plant and equipment (2,000)us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges (154,000)us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges 5,843,000us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges
Provision for doubtful accounts 532,000us-gaap_ProvisionForDoubtfulAccounts 816,000us-gaap_ProvisionForDoubtfulAccounts 5,629,000us-gaap_ProvisionForDoubtfulAccounts
Other 846,000us-gaap_OtherNoncashIncomeExpense 608,000us-gaap_OtherNoncashIncomeExpense 568,000us-gaap_OtherNoncashIncomeExpense
Changes in:      
Accounts receivable 16,536,000us-gaap_IncreaseDecreaseInAccountsReceivable (8,533,000)us-gaap_IncreaseDecreaseInAccountsReceivable (6,546,000)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories 8,144,000us-gaap_IncreaseDecreaseInInventories (9,150,000)us-gaap_IncreaseDecreaseInInventories 11,091,000us-gaap_IncreaseDecreaseInInventories
Other current assets 5,291,000us-gaap_IncreaseDecreaseInOtherCurrentAssets (10,728,000)us-gaap_IncreaseDecreaseInOtherCurrentAssets 10,360,000us-gaap_IncreaseDecreaseInOtherCurrentAssets
Accounts payable and accrued liabilities (6,033,000)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 2,948,000us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (9,999,000)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Federal and state income taxes receivable/payable (1,455,000)us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable (1,863,000)us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable 128,000us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
Net cash provided by operating activities 73,213,000us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 24,219,000us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 62,342,000us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:      
Marketable securities purchased (8,976,000)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (6,151,000)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (26,023,000)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
Marketable securities - maturities and sales 22,959,000us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities 25,263,000us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities 29,767,000us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
Acquisition of property, plant and equipment (11,287,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (36,256,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (13,584,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Acquisition of customer contract   (21,968,000)us-gaap_PaymentsToAcquireIntangibleAssets  
Notes issued     (3,500,000)us-gaap_PaymentsToAcquireNotesReceivable
Sale of property, plant and equipment 307,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 409,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 8,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Acquisition of businesses, net of cash acquired (10,534,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired   (246,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Net cash used in investing activities (7,531,000)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (38,703,000)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (13,578,000)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:      
Dividends paid (34,954,000)us-gaap_PaymentsOfDividendsCommonStock   (86,106,000)us-gaap_PaymentsOfDividendsCommonStock
Other 362,000us-gaap_ProceedsFromPaymentsForOtherFinancingActivities   784,000us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash used in financing activities (34,592,000)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations   (85,322,000)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase (decrease) in cash and cash equivalents 31,090,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (14,484,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (36,558,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 22,953,000us-gaap_CashAndCashEquivalentsAtCarryingValue 37,437,000us-gaap_CashAndCashEquivalentsAtCarryingValue 73,995,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of year 54,043,000us-gaap_CashAndCashEquivalentsAtCarryingValue 22,953,000us-gaap_CashAndCashEquivalentsAtCarryingValue 37,437,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:      
Income taxes $ 17,411,000us-gaap_IncomeTaxesPaid $ 19,076,000us-gaap_IncomeTaxesPaid $ 26,532,000us-gaap_IncomeTaxesPaid