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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING ACTIVITIES:    
Net income $ 8,660 $ 6,670
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 2,107 1,746
(Gain) loss on disposal of property, plant and equipment 2 (39)
Provision for doubtful accounts 55 56
Issuance of non-employee director shares 150 150
Deferred tax provision 41 207
Changes in operating assets and liabilities:    
Accounts receivable (34,646) (3,744)
Inventories (2,107) (8,439)
Prepaid expenses (2,537) (2,145)
Other assets 491 18
Accounts payable 9,574 3,004
Accrued liabilities 356 607
Net cash flows from operating activities (17,854) (1,909)
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (3,155) (3,880)
Proceeds from sale of property, plant and equipment   60
Net cash flows from investing activities (3,155) (3,820)
FINANCING ACTIVITIES:    
Net borrowings under credit facility 15,000  
Payments of cash dividends (2,052) (2,049)
Net proceeds (payments) on other long-term obligations (95) 499
Finance lease obligation payments (5)  
Net cash flows from financing activities 12,848 (1,550)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND TEMPORARY INVESTMENTS 103 440
NET CHANGE IN CASH AND TEMPORARY INVESTMENTS (8,058) (6,839)
CASH AND TEMPORARY INVESTMENTS, beginning of period 27,037 21,895
CASH AND TEMPORARY INVESTMENTS, end of period 18,979 15,056
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash payments for interest 787 521
Cash payments for income taxes, net of refunds $ 952 $ 758