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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES:      
Net income $ 15,976 $ 14,838 $ 8,688
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 4,317 4,015 3,763
Loss on the deconsolidation of subsidiary   83  
(Gain) Loss on disposals of equipment 74 (39) (2)
Deferred tax provision 573 147 (225)
Provision for doubtful accounts 282 243 211
Excess tax benefit from stock-based compensation (106) (27) (225)
Issuance of non-employee director shares 96 96 75
Changes in operating assets and liabilities:      
Accounts receivable 5,736 (36,366) (21,993)
Inventories (11,015) (3,284) (8,506)
Prepaid expenses (31) 151 (173)
Accounts payable 3,819 24,662 16,164
Accrued liabilities 338 5,394 3,415
Net cash flows from operating activities 20,059 9,913 1,192
INVESTING ACTIVITIES:      
Purchases of property, plant, and equipment (11,900) (5,345) (2,430)
Proceeds from sale of equipment 1 20 19
Payments received on notes receivables   24 76
Net cash flows from investing activities (11,899) (5,301) (2,335)
FINANCING ACTIVITIES:      
Payments of cash dividends (7,253) (6,778) (6,294)
Proceeds from exercise of stock options 186 186 621
Excess tax benefit from stock-based compensation 106 27 225
Net cash flows from financing activities (6,961) (6,565) (5,448)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND TEMPORARY INVESTMENTS (2,347) (1,314) 864
NET CHANGE IN CASH AND TEMPORARY INVESTMENTS (1,148) (3,267) (5,727)
CASH AND TEMPORARY INVESTMENTS, beginning of year 39,597 42,864 48,591
CASH AND TEMPORARY INVESTMENTS, end of year 38,449 39,597 42,864
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Cash payments for interest 1,432 1,015 912
Cash payments for income taxes, net of refunds $ 8,566 $ 6,454 $ 2,419