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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 19,710,000 $ 23,044,000 $ 12,460,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 22,534,000 19,194,000 14,856,000
Losses on sales and/or abandonment of property and equipment 204,000 31,000 533,000
Write-off of patents and license agreement 55,000 103,000 134,000
Goodwill impairment charge 0 0 8,344,000
Impairment of cost-method investment 2,368,000 0 0
Acquired in-process research and development 2,450,000 5,838,000 0
Amortization of deferred credits (174,000) (106,000) (111,000)
Purchase of trading investments 0 0 (644,000)
Unrealized gains on trading investments 0 0 (382,000)
Realized gain on sale of marketable securities (745,000) 0 0
Deferred income taxes 549,000 1,677,000 (554,000)
Excess tax benefits from stock-based compensation (877,000) (3,122,000) (399,000)
Stock-based compensation expense 1,917,000 1,644,000 1,294,000
Changes in operating assets and liabilities, net of effects from acquisitions:      
Trade receivables (6,576,000) (3,323,000) (2,088,000)
Employee receivables (11,000) (62,000) 29,000
Other receivables (760,000) (245,000) 223,000
Inventories (8,965,000) (9,314,000) (7,614,000)
Prepaid expenses 736,000 (1,726,000) (192,000)
Prepaid income taxes (367,000) (431,000) (60,000)
Income tax refund receivable 452,000 (733,000) (1,573,000)
Other assets (1,178,000) (283,000) (43,000)
Trade payables 7,721,000 (2,129,000) 5,643,000
Accrued expenses 4,448,000 1,334,000 3,090,000
Advances from employees 317,000 (65,000) 99,000
Income taxes payable 2,057,000 2,658,000 1,037,000
Liabilities related to unrecognized tax benefits (209,000) (226,000) (372,000)
Deferred compensation payable 1,371,000 327,000 876,000
Other long-term obligations (89,000) (70,000) 174,000
Total adjustments 27,228,000 10,971,000 22,300,000
Net cash provided by operating activities 46,938,000 34,015,000 34,760,000
Capital expenditures for:      
Property and equipment (64,643,000) (59,195,000) (23,648,000)
Intangible assets (1,460,000) (2,077,000) (1,083,000)
Purchase of marketable securities 0 (2,503,000) 0
Proceeds from the sale of marketable securities 3,248,000 0 9,673,000
Proceeds from the sale of property and equipment 43,000 5,000 17,000
Cash paid in acquisitions, net of cash acquired (192,762,000) (10,250,000) (97,785,000)
Net cash used in investing activities (255,574,000) (74,020,000) (112,826,000)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of common stock 3,755,000 95,454,000 1,708,000
Payment of offering costs related to issuance of common stock 0 (127,000) 0
Proceeds from issuance of long-term debt 330,630,000 104,585,000 108,491,000
Payments on long-term debt (123,801,000) (155,386,000) (26,953,000)
Borrowings on line of credit 0 0 1,500,000
Payments on line of credit 0 0 (8,500,000)
Proceeds from industrial assistant grants 1,029,000 0 0
Excess tax benefits from stock-based compensation 877,000 3,122,000 399,000
Long-term debt issuance costs (3,706,000) 0 (522,000)
Contingent payments related to acquisitions (57,000) 0 0
Payment of taxes related to an exchange of common stock (439,000) (953,000) 0
Net cash provided by financing activities 208,288,000 46,695,000 76,123,000
EFFECT OF EXCHANGE RATES ON CASH (61,000) (297,000) (455,000)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (409,000) 6,393,000 (2,398,000)
CASH AND CASH EQUIVALENTS:      
Beginning of year 10,128,000 3,735,000 6,133,000
End of year 9,719,000 10,128,000 3,735,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Interest (net of capitalized interest of $456, $299 and $13, respectively) 434,000 509,000 512,000
Income taxes 5,277,000 7,023,000 6,050,000
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES      
Property and equipment purchases in accounts payable 12,372,000 8,849,000 3,778,000
Acquisition of customer list in exchange for a settlement of trade receivables 377,000 0 0
Acquisition purchases in accrued expenses and other long-term obligations 5,149,000 1,270,000 250,000
Merit common stock surrendered (131, 78 and 0 shares, respectively) in exchange for exercise of stock options $ (1,831,000) $ (1,252,000) $ 0