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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income $ 33,625 $ 29,781
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 8,660 9,349
Amortization of bond premiums 561 545
Provision for losses on accounts receivable, net of adjustments (59) 121
Provision for excess and obsolete inventories, net 223 468
Share-based compensation 1,578 1,054
Excess tax benefits from stock options exercised and restricted stock awards vested (908) (502)
Gain on disposal of assets (24) (52)
Foreign currency transaction loss 36 35
Interest income on note receivable (30) (31)
Deferred income taxes (4,361) (1,794)
Write-off of note receivable 0 75
Changes in assets and liabilities:    
Accounts receivable (15,663) (2,384)
Income tax receivable 1,981 1,753
Inventories (5,323) (1,237)
Prepaid expenses and other (486) 121
Accounts payable 5,982 (227)
Deferred revenue 591 358
Accrued liabilities 12,761 1,410
Net cash provided by operating activities 39,144 38,843
Investing Activities    
Capital expenditures (13,567) (6,407)
Proceeds from sale of property, plant and equipment 30 72
Investment in certificates of deposits (9,940) (8,869)
Maturities of certificates of deposits 6,745 1,440
Purchase of investments held to maturity (6,880) (22,275)
Maturities of investments 8,891 3,315
Proceeds from called investments 2,525 0
Principal payments from note receivable 52 52
Net cash used in investing activities (12,144) (32,672)
Financing Activities    
Borrowings under revolving credit facility 0 8,325
Payments under revolving credit facility 0 (8,325)
Stock options exercised 908 986
Excess tax benefits from stock options exercised and restricted stock awards vested 908 502
Repurchase of stock (17,309) (4,817)
Cash dividends paid to stockholders 4,773 3,712
Net cash used in financing activities (20,266) (7,041)
Net increase (decrease) in cash and cash equivalents 6,734 (870)
Cash and cash equivalents, beginning of period 12,085 3,159
Cash and cash equivalents, end of period $ 18,819 $ 2,289