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Interim Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net Income $ 24,704 $ 24,637
Adjustment to reconcile net income to net cash used by operating activities:    
Provision for doubtful accounts 209 685
Depreciation 7,698 7,985
Amortization of debt issuance 95 157
Stock-based compensation expense 774 768
Excess tax benefits from stock-based payment arrangements (99) (156)
Provision for deferred income tax (benefit) expense (308) (1,333)
Loss on sale of property, plant & equipment 264 (130)
Changes in operating assets and liabilities:    
Accounts receivable (9,056) (22,099)
Inventories (4,279) (17,446)
Prepaid expenses and other assets (1,225) (1,616)
Trade accounts payable and accrued liabilities 7,640 1,553
Income taxes payable 1,849 1,708
Other long-term liabilities (731) 472
Net cash provided by (used in) operating activities 27,535 (4,815)
Investing Activities    
Purchase of property, plant and equipment (3,540) (4,705)
Proceeds from sale of property, plant and equipment 523 195
Net cash used in investing activities (3,017) (4,510)
Financing Activities    
Net change in bank revolving credit facility 5,000 8,000
Principal payments on long-term debt and capital leases (731) (1,802)
Dividends paid (2,139) (2,132)
Proceeds from sale of common stock 490 258
Excess tax benefits from stock-based payment arrangements 99 156
Net cash provided by (used in) financing activities 2,719 4,480
Effect of exchange rate changes on cash 788 (119)
Net change in cash and cash equivalents 28,025 (4,964)
Cash and cash equivalents at beginning of the period 10,288 30,243
Cash and cash equivalents at end of the period 38,313 25,279
Cash paid during the period for:    
Interest 1,502 1,728
Income taxes $ 11,183 $ 11,056