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Interim Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Activities    
Net income $ 6,950 $ 6,785
Adjustment to reconcile net income to net cash used by operating activities:    
Provision for doubtful accounts (86) 11
Depreciation 2,154 2,518
Amortization of debt issuance 32 32
Stock-based compensation expense 192 196
Excess tax benefits from stock-based payment arrangements (20) (37)
Provision for deferred income tax (benefit) expense 93 69
Loss on sale of property, plant & equipment (128) (37)
Changes in operating assets and liabilities:    
Accounts receivable (31,377) (25,094)
Inventories (11,123) (12,408)
Prepaid expenses and other assets (313) (1,486)
Trade accounts payable and accrued liabilities 14,634 10,723
Income taxes payable (983) 885
Other long-term liabilities (318) 142
Net cash provided by (used in) operating activities (20,293) (17,701)
Investing Activities    
Purchase of property, plant and equipment (3,116) (1,684)
Proceeds from sale of property, plant and equipment 277 49
Net cash used in investing activities (2,839) (1,635)
Financing Activities    
Net change in bank revolving credit facility 10,000 45,000
Principal payments on long-term debt and capital leases (73) (492)
Proceeds from issuance of debt 0 2,421
Dividends paid (840) (712)
Proceeds from sale of common stock 565 39
Excess tax benefits from stock-based payment arrangements 20 37
Net cash provided by (used in) financing activities 9,672 46,293
Effect of exchange rate changes on cash (1,340) 613
Net change in cash and cash equivalents (14,800) 27,570
Cash and cash equivalents at beginning of the period 48,291 10,288
Cash and cash equivalents at end of the period 33,491 37,858
Cash paid during the period for:    
Interest 186 513
Income taxes $ 3,848 $ 2,426