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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating Activities    
Net income $ 19,259 $ 13,864
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,268 6,747
Amortization of bond premiums 304 20
Provision for losses on accounts receivable, net of adjustments 102 (1)
Provision for excess and obsolete inventories 201 0
Share-based compensation 695 364
Excess tax benefits from stock options exercised and restricted stock awards vested (385) (33)
(Gain) loss on disposition of assets (52) (13)
Foreign currency transaction gain 43 7
Interest income on note receivable (20) 0
Deferred income taxes (1,966) (875)
Write-off of note receivable 75 0
Changes in assets and liabilities:    
Accounts receivable (6,344) (17,949)
Income tax receivable 3,942 5,801
Inventories (1,718) (4,194)
Prepaid expenses and other (160) (91)
Accounts payable 1,101 4,215
Deferred revenue 201 0
Accrued liabilities 6,194 11,714
Net cash provided by operating activities 27,740 19,576
Investing Activities    
Capital expenditures (1,949) (8,091)
Proceeds from sale of property, plant and equipment 60 306
Investment in certificates of deposits (958) (4,274)
Maturities of certificates of deposits 1,440 0
Purchase of investments held to maturity (9,969) (5,624)
Maturities of investments 1,710 0
Proceeds from called investment 0 270
Principal payments from note receivable 40 15
Net cash used in investing activities (9,626) (17,398)
Financing Activities    
Borrowings under revolving credit facility 2,321 27,108
Payments under revolving credit facility (2,321) (24,424)
Stock options exercised 767 69
Excess tax benefits from stock options exercised and restricted stock awards vested 385 33
Repurchase of stock (3,010) (1,895)
Net cash used in financing activities (1,858) 891
Net increase (decrease) in cash and cash equivalents 16,256 3,069
Cash and cash equivalents, beginning of period 3,159 13
Cash and cash equivalents, end of period $ 19,415 $ 3,082