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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income from consolidated operations $ 7,970 $ 7,593 $ 7,559
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 5,634 4,846 4,376
Loss on sales of property, plant and equipment 2 27 5
Share-based compensation 1,056 1,069 1,119
Deferred income taxes 576 437 1,232
Excess tax benefits on share-based compensation (145) (356) (1,219)
Changes in operating assets and liabilities:      
Receivables, net (3,768) (1,011) 562
Inventories 51 (1,309) (1,845)
Prepaid expenses (1,351) (266) 26
Refundable income taxes 209 2,677 (436)
Accounts payable (596) (800) 2,317
Increase (Decrease) in Accrued Liabilities (361) (163) (2,243)
Other liabilities 213 29 (181)
Other assets (97) 325 (146)
Net cash provided by operating activities 9,393 13,098 11,126
Cash flows from investing activities:      
Additions to property, plant and equipment (7,293) (16,321) (13,436)
Proceeds from sale of property, plant and equipment 14 53 112
Net cash used in investing activities (7,279) (16,268) (13,324)
Cash flows from financing activities:      
Excess tax benefits on share-based compensation 145 356 1,219
Proceeds from the exercise of stock options, net of attestations 529 358 336
Principal repayment of long-term debt (1,014) (996) (977)
Payment of statutory withholding for stock options exercised and restricted stock units vested (219) (209) (831)
Repurchases of common stock (587)
Payment of contingent note payable (800)
Net cash used in financing activities (559) (1,078) (1,053)
Net change in cash and cash equivalents 1,555 (4,248) (3,251)
Cash and cash equivalents at beginning of year 29,804 34,052 37,303
Cash and cash equivalents at end of year $ 31,359 $ 29,804 $ 34,052