XML 41 R6.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net income $ 15,765 $ 20,879
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 15,412 22,650
Share-based compensation expense 2,690 3,781
Deferred income taxes (1,942) (592)
Provision for doubtful accounts 66 58
Other 615 825
Changes in operating assets and liabilities:    
Accounts receivable 219 550
Inventories 5,882 (4,907)
Customer deposits 10,387 2,728
Other assets and liabilities 316 6,534
Accounts payable and accrued liabilities 8,957 9,988
Net cash provided by operating activities 58,367 62,494
Cash Flows from Investing Activities:    
Capital expenditures (12,446) (18,231)
Proceeds from sale of property and equipment 2,268 2,421
Other 0 55
Net cash used in investing activities (10,178) (15,755)
Cash Flows from Financing Activities:    
Payments on lease obligations 0 (2,824)
Taxes on vested restricted shares (1,328) (1,233)
Dividends paid (11,194) (11,337)
Common stock repurchased (19,316) (14,456)
Net cash used in financing activities (31,838) (29,850)
Increase in cash, cash equivalents and restricted cash equivalents during the period 16,351 16,889
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 $ 96,160 $ 104,495