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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Net income $ 10,217 $ 11,551
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 3,638 3,171
Amortization of bond premiums 16 83
Provision for losses on accounts receivable, net of adjustments 184 123
Provision for excess and obsolete inventories 60 137
Share-based compensation 1,645 948
Gain on disposal of assets (1) (8)
Foreign currency transaction gain (5) (48)
Interest income on note receivable (7) (7)
Deferred 720 (1,030)
Changes in assets and liabilities:    
Accounts receivable (1,560) 7,900
Income taxes 3,230 5,989
Inventories (8,696) (4,117)
Prepaid expenses and other (313) (1,950)
Accounts payable 1,736 (3,129)
Deferred revenue 78 110
Accrued liabilities and donations (776) (3,730)
Net cash provided by operating activities 10,166 15,993
Investing Activities    
Capital expenditures (6,071) (7,332)
Proceeds from sale of property, plant and equipment 7 8
Maturities of certificates of deposits 2,392 1,200
Maturities of investments 6,928 1,700
Proceeds from called investments 0 505
Principal payments from note receivable 13 13
Net cash provided by (used in) investing activities 3,269 (3,906)
Financing Activities    
Stock options exercised 898 709
Repurchase of stock (6,303) (3,276)
Employee taxes paid by withholding shares (560) (180)
Net cash used in financing activities (5,965) (2,747)
Net increase in cash and cash equivalents 7,470 9,340
Cash and cash equivalents, beginning of period 24,153 7,908
Cash and cash equivalents, end of period $ 31,623 $ 17,248