XML 70 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income $ 82,442us-gaap_NetIncomeLoss $ 111,159us-gaap_NetIncomeLoss $ 56,607us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 41,259us-gaap_Depreciation 36,179us-gaap_Depreciation 31,757us-gaap_Depreciation
Amortization 5,190us-gaap_AdjustmentForAmortization 4,763us-gaap_AdjustmentForAmortization 3,956us-gaap_AdjustmentForAmortization
Deferred income taxes 12,027us-gaap_DeferredIncomeTaxesAndTaxCredits (5,786)us-gaap_DeferredIncomeTaxesAndTaxCredits 9,064us-gaap_DeferredIncomeTaxesAndTaxCredits
Asset impairments 802us-gaap_AssetImpairmentCharges 5,504us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges
Thailand flood insurance recovery (550)us-gaap_InsuranceRecoveries (10,748)us-gaap_InsuranceRecoveries 0us-gaap_InsuranceRecoveries
Gain on sale of Tianjin Subsidiary (1,547)us-gaap_GainLossOnSaleOfBusiness 0us-gaap_GainLossOnSaleOfBusiness 0us-gaap_GainLossOnSaleOfBusiness
Gain on the sale of property, plant and equipment (78)us-gaap_GainLossOnSaleOfPropertyPlantEquipment (1,161)us-gaap_GainLossOnSaleOfPropertyPlantEquipment (229)us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Stock-based compensation expense 6,427us-gaap_ShareBasedCompensation 7,053us-gaap_ShareBasedCompensation 6,270us-gaap_ShareBasedCompensation
Excess tax benefits from stock-based compensation (634)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (354)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (76)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Changes in operating assets and liabilities, net of effects from business acquisitions:      
Accounts receivable 37,862us-gaap_IncreaseDecreaseInAccountsReceivable (56,633)us-gaap_IncreaseDecreaseInAccountsReceivable (34,359)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (6,153)us-gaap_IncreaseDecreaseInInventories (17,832)us-gaap_IncreaseDecreaseInInventories 66,089us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other assets (1,278)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 6,335us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 32,375us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable (36,646)us-gaap_IncreaseDecreaseInAccountsPayableTrade 19,725us-gaap_IncreaseDecreaseInAccountsPayableTrade (21,081)us-gaap_IncreaseDecreaseInAccountsPayableTrade
Accrued liabilities (1,178)us-gaap_IncreaseDecreaseInAccruedLiabilities (9,305)us-gaap_IncreaseDecreaseInAccruedLiabilities 3,176us-gaap_IncreaseDecreaseInAccruedLiabilities
Income taxes (1,284)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 10,178us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (2,402)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Net cash provided by operations 136,661us-gaap_NetCashProvidedByUsedInOperatingActivities 99,077us-gaap_NetCashProvidedByUsedInOperatingActivities 151,147us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Proceeds from sales and redemptions of investments 10,282us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 821us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 15,825us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Additions to property, plant and equipment (44,211)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (26,829)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (47,911)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from the sale of property, plant and equipment 452us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 1,908us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 346us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Additions to purchased software (1,178)us-gaap_PaymentsForSoftware (1,908)us-gaap_PaymentsForSoftware (1,124)us-gaap_PaymentsForSoftware
Business acquisition, net of cash acquired 750us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (94,271)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Proceeds From sale of subsidiary, net of cash disposed 5,512us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested 0us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested 0us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested
Thailand flood property insurance proceeds 550us-gaap_ProceedsFromInsuranceSettlementInvestingActivities 10,748us-gaap_ProceedsFromInsuranceSettlementInvestingActivities 23,372us-gaap_ProceedsFromInsuranceSettlementInvestingActivities
Other 367us-gaap_PaymentsForProceedsFromOtherInvestingActivities 814us-gaap_PaymentsForProceedsFromOtherInvestingActivities 0us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (27,476)us-gaap_NetCashProvidedByUsedInInvestingActivities (108,717)us-gaap_NetCashProvidedByUsedInInvestingActivities (9,492)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Proceeds from stock options exercised 18,867us-gaap_ProceedsFromStockOptionsExercised 11,203us-gaap_ProceedsFromStockOptionsExercised 4,657us-gaap_ProceedsFromStockOptionsExercised
Excess tax benefits from stock-based compensation 634us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 354us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 76us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Principal payments on capital lease obligations (582)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities (497)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities (419)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities
Share repurchases (43,800)us-gaap_PaymentsForRepurchaseOfCommonStock (41,168)us-gaap_PaymentsForRepurchaseOfCommonStock (47,106)us-gaap_PaymentsForRepurchaseOfCommonStock
Debt issuance costs 0us-gaap_PaymentsOfFinancingCosts 0us-gaap_PaymentsOfFinancingCosts (931)us-gaap_PaymentsOfFinancingCosts
Net cash used in financing activities (24,881)us-gaap_NetCashProvidedByUsedInFinancingActivities (30,108)us-gaap_NetCashProvidedByUsedInFinancingActivities (43,723)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes (2,483)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 724us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 2,727us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase (decrease) in cash and cash equivalents 81,821us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (39,024)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 100,659us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 345,555us-gaap_CashAndCashEquivalentsAtCarryingValue 384,579us-gaap_CashAndCashEquivalentsAtCarryingValue 283,920us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 427,376us-gaap_CashAndCashEquivalentsAtCarryingValue $ 345,555us-gaap_CashAndCashEquivalentsAtCarryingValue $ 384,579us-gaap_CashAndCashEquivalentsAtCarryingValue