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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 9,174 $ 5,194
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 4,273 3,828
Amortization of deferred financing cost 290 289
Increase to allowance for doubtful accounts 567 38
Increase to inventory reserves 1,407 1,197
Amortization of deferred gain on sale of building (262) (262)
Gain on disposal of property, plant and equipment (4) (6)
Equity loss from joint ventures 114 0
Employee stock ownership plan allocation 1,094 966
Stock-based compensation 546 443
(Increase) decrease in deferred income taxes (174) 1,430
Decrease in tax valuation allowance 0 (115)
Loss on discontinued operations, net of tax 392 300
Change in assets and liabilities:    
Increase in accounts receivable (29,051) (18,101)
Increase in inventories (26,726) (13,013)
Increase in prepaid expenses and other current assets (1,492) (297)
Increase in accounts payable 14,270 16,706
Decrease in sundry payables and accrued expenses (1,491) (6,893)
Net changes in other assets and liabilities 244 (740)
Net cash used in operating activities (26,829) (9,036)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions of and investments in businesses (12,760) 0
Capital expenditures (2,581) (2,442)
Other investing activities (596) 6
Net cash used in investing activities (15,937) (2,436)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings under line-of-credit agreements 35,100 6,000
Principal payments of long-term debt and capital lease obligations (31) (21)
Purchase of treasury stock (602) 0
Increase in overdraft balances 7,999 4,868
Proceeds from exercise of employee stock options 90 307
Excess tax benefits related to the exercise of employee stock grants 4 7
Dividends paid (2,510) (2,055)
Net cash provided by financing activities 40,050 9,106
Effect of exchange rate changes on cash (636) 777
Net decrease in cash and cash equivalents (3,352) (1,589)
CASH AND CASH EQUIVALENTS at beginning of period 13,074 10,871
CASH AND CASH EQUIVALENTS at end of period 9,722 9,282
Cash paid during the period for:    
Interest 256 411
Income taxes $ 4,488 $ 1,158