XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities:    
Net income $ 9,668 $ 12,527
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 10,276 15,061
Share-based compensation expense 1,951 2,557
Deferred income taxes (1,912) (335)
Provision for doubtful accounts 23 24
Other 623 (23)
Changes in operating assets and liabilities:    
Accounts receivable 237 510
Inventories (3,373) (4,044)
Customer deposits 4,633 1,539
Other assets and liabilities (2,805) (484)
Accounts payable and accrued liabilities (4,481) 1,525
Net cash provided by operating activities 14,840 28,857
Cash Flows from Investing Activities:    
Capital expenditures (7,768) (14,642)
Proceeds from sale of land, property and equipment 2,260 846
Other 0 55
Net cash used in investing activities (5,508) (13,741)
Cash Flows from Financing Activities:    
Payments on lease obligations 0 (1,872)
Taxes on vested restricted shares (1,328) (1,162)
Dividends paid (7,285) (7,585)
Common stock repurchased (17,843) (9,281)
Net cash used in financing activities (26,456) (19,900)
Decrease in cash, cash equivalents and restricted equivalents during the period (17,124) (4,784)
Cash, cash equivalents and restricted cash equivalents at beginning of period 79,809 87,606
Cash, cash equivalents and restricted cash equivalents at end of period $ 62,685 $ 82,822