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Interim Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating Activities    
Net income $ 7,238 $ 6,950
Adjustment to reconcile net income to net cash used in operating activities:    
Provision for doubtful accounts (27) (86)
Depreciation 2,314 2,154
Amortization of debt issuance 32 32
Stock-based compensation expense 301 192
Excess tax benefits from stock-based payment arrangements (74) (20)
Provision for deferred income tax (benefit) expense (131) 93
Loss on sale of property, plant and equipment (22) (128)
Changes in operating assets and liabilities:    
Accounts receivable (32,185) (31,377)
Inventories (14,853) (11,123)
Prepaid expenses and other assets (2,312) (313)
Trade accounts payable and accrued liabilities 19,767 14,634
Income taxes payable 832 (983)
Other long-term liabilities (268) (318)
Net cash used in operating activities (19,388) (20,293)
Investing Activities    
Acquisitions, net of cash acquired 0 0
Purchase of property, plant and equipment (2,218) (3,116)
Proceeds from sale of property, plant and equipment 48 277
Net cash used in investing activities (2,170) (2,839)
Financing Activities    
Net change in bank revolving credit facility 0 10,000
Principal payments on long-term debt and capital leases (76) (73)
Proceeds from issuance of debt 762 0
Dividends paid (846) (840)
Proceeds from sale of common stock 250 565
Excess tax benefits from stock-based payment arrangements 74 20
Net cash provided by financing activities 164 9,672
Effect of exchange rate changes on cash (313) (1,340)
Net change in cash and cash equivalents (21,707) (14,800)
Cash and cash equivalents at beginning of the period 63,960 48,291
Cash and cash equivalents at end of the period 42,253 33,491
Cash paid during the period for:    
Interest 256 186
Income taxes $ 3,541 $ 3,848