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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
OPERATING ACTIVITIES:    
Net income $ 11,953 $ 10,651
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for allowance for doubtful accounts and sales returns 111 (139)
Inventory allowance 3,434 3,489
Depreciation and amortization 14,246 13,831
Restricted common stock issued for services 290 310
Compensation cost of stock awards 1,274 1,359
Loss on disposal of equipment 1,725 1,162
Loss on disposal of intangible assets   22
Foreign currency option loss 21 387
Foreign currency exchange (gain) loss (1,081) 475
Deferred income taxes (1,595) (1,551)
Changes in assets and liabilities, net of business combination effect, which provided (used) cash:    
Accounts receivable 1,678 (315)
Prepaids and other assets (988) (1,390)
Inventories (11,487) 328
Accounts payable 77 (2,174)
Income taxes receivable/payable 1,716 928
Accrued expense & other liabilities 470 985
Net cash provided by operating activities 21,844 28,358
INVESTING ACTIVITIES:    
Purchases of property and equipment (24,499) (18,751)
Purchase of business, net of cash acquired (833) (2,005)
Proceeds from sale of property and equipment 120  
Purchase of intangible assets (25)  
Net cash used in investing activities (25,237) (20,756)
FINANCING ACTIVITIES:    
Net borrowings on line of credit 4,000  
Principal payments on debt 0 (2,250)
Payments of contingency consideration (669) (676)
Payments on capital leases (32) (50)
Debt issuance costs   (15)
Repurchase of common stock (3,042)  
Proceeds from issuance of common stock 3,014 2,554
Net cash provided by financing activities 3,271 (437)
Effect of foreign currency translation on cash and cash equivalents 22 (165)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (100) 7,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 12,713 10,051
CASH AND CASH EQUIVALENTS, END OF PERIOD 12,613 17,051
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest 417 614
Income taxes 6,816 5,443
Non-cash investing and financing activities:    
Cash flow hedge gain, net of tax   6
Capitalized lease additions 29 8
Purchase of equipment payable 434 124
Business combination, contingent consideration payable $ 2,377 $ 6,343