XML 17 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities:    
Net income $ 17,409 $ 18,607
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 21,472 18,967
Gain on insurance recovery (2,460) 0
Proceeds from insurance recovery received for business interruption and destroyed inventory 2,327 0
Share-based compensation expense 2,992 3,142
Deferred income taxes (3,030) 0
Provision for doubtful accounts 286 167
Other 450 618
Changes in operating assets and liabilities:    
Accounts receivable 1,330 883
Inventories 9,821 1,974
Customer deposits 9,418 6,578
Other assets and liabilities (5,176) (1,078)
Accounts payable and accrued liabilities (7,603) (4,027)
Net cash provided by operating activities 47,236 45,831
Cash Flows from Investing Activities:    
Capital expenditures (25,292) (22,523)
Maturities of investments 12,000 2,500
Proceeds from insurance for destroyed property and equipment 2,312 0
Other (3) 35
Net cash used in investing activities (10,983) (19,988)
Cash Flows from Financing Activities:    
Construction allowance receipts 0 4,773
Payments on lease obligations (2,295) (1,801)
Taxes on vested restricted shares (883) (1,152)
Dividends paid (6,885) (5,855)
Common stock purchased (21,282) (14,002)
Net cash used in financing activities (31,345) (18,037)
Increase (decrease) in cash and cash equivalents during the period 4,908 7,806
Cash and cash equivalents at beginning of period 70,659 65,481
Cash and cash equivalents at end of period $ 75,567 $ 73,287