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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 26,355 $ 13,729
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 2,689 2,116
Share-based compensation 1,635 2,215
Loss on sale of disposal of property, plant and equipment 50 93
Realized (gain) loss on investment securities, net (21) 57
Amortization of premium on investment securities 298 374
Deferred income taxes (1,036) (700)
Changes in operating assets and liabilities:    
Accounts receivable 199 477
Inventory (6,670) 263
Income taxes, prepaid 2,673 1,979
Prepaid expenses and other current assets 368 292
Other assets 33 (124)
Accounts payable and accrued expenses 11,958 (22)
Net cash flow provided by operating activities 38,531 20,749
Investing Activities:    
Sale of investment securities 1,200 2,039
Purchase of investment securities   (2,788)
Sale of property and equipment 184 59
Purchase of property and equipment (2,094) (1,020)
Net cash flow used in investing activities (710) (1,710)
Financing Activities:    
Options exercised by executives and directors 62 568
Net shares repurchased for employee taxes (215) (825)
Cash dividends paid to stockholders (11,673) (7,692)
Stock repurchases (19,996)  
Net cash used in financing activities (31,822) (7,949)
Foreign currency impact   6
Increase in cash and cash equivalents 5,999 11,096
Cash and cash equivalents - beginning of the period 75,077 52,436
Cash and cash equivalents - end of period 81,076 63,532
Supplemental disclosure of cash flow information:    
Income taxes paid 4,380 5,064
Dividends declared included in accounts payable $ 5,914 $ 4,052