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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 17,648 $ 12,328 $ 33,860
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 13,122 12,465 11,178
Share-based compensation expense 7,097 7,592 5,854
Excess tax benefits from stock-based awards (476) (218) (477)
Impairment of technology 0 1,000 0
Loss (gain) on disposal of assets (33) 1 (13)
Deferred income tax provision (3,677) 9,654 3,104
Other, net 61 0 0
Changes in operating assets and liabilities:      
Accounts receivable (1,073) (1,135) 8,746
Inventories 208 (4,684) 455
Prepaid taxes (544) 2,569 (136)
Prepaid expenses and other assets (1,558) (1,469) (165)
Accounts payable (8,784) 3,928 (2,576)
Income taxes payable 683 (3,508) 877
Accrued liabilities and other 2,920 (976) (2,644)
Deferred income on shipments to distributors 1,258 (4,903) (7,975)
Net cash provided by operating activities 26,852 32,644 50,088
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of PhaseLink's net assets, net of cash acquired 0 (17,370) 0
Purchase of Discera’s net assets (6,122) 0 0
Purchases of property, plant and equipment (7,325) (9,022) (7,277)
Purchase of intangible asset (410) 0 0
Purchases of investments (59,653) (55,819) (77,510)
Proceeds from sale and maturities of investments 71,490 60,108 40,585
Change in restricted cash (825) (291) 0
Net cash used in investing activities (2,845) (22,394) (44,202)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of debt 0 (282) (2,857)
Proceeds from the issuance of common stock 4,390 3,642 12,040
Repurchases of common stock (23,336) (34,551) (20,253)
Payment of cash dividends (8,219) (12,072) (9,358)
Purchase of stock for withholding taxes on vested restricted stock (812) (534) (63)
Excess tax benefits from stock-based awards 476 218 477
Net cash used in financing activities (27,501) (43,579) (20,014)
NET DECREASE IN CASH AND CASH EQUIVALENTS (3,494) (33,329) (14,128)
CASH AND CASH EQUIVALENTS - Beginning of year 27,281 60,610 74,738
CASH AND CASH EQUIVALENTS - End of year 23,787 27,281 60,610
Cash paid during the year for:      
Interest 0 2 19
Income taxes $ 5,457 $ 7,060 $ 11,164