v2.3.0.15
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
3 Months Ended
Sep. 30, 2011
Sep. 30, 2010
OPERATING ACTIVITIES:  
Net income$ 8,492$ 7,217
Reconciliation of net income to net cash provided by operating activities:  
Depreciation and amortization1,5351,282
Stock-based compensation expense2,3301,824
Excess tax benefits from stock-based compensation(937)(648)
Allowance (benefit) for doubtful accounts(5)161
Allowance for sales returns3,1371,280
Provision for inventory2,362(90)
Deferred income taxes(170)2,745
Changes in operating assets and liabilities:  
Accounts receivable, net (including changes in related party balances of $28 and $846 during the three months ended September 30, 2011 and 2010, respectively)(5,937)(288)
Inventory1,345(15,836)
Prepaid expenses and other assets(340)(3,772)
Accounts payable (including changes in related party balances of ($6,969) and $11,032 during the three months ended September 30 2011 and 2010, respectively)9,91917,574
Income taxes payable/receivable, net4,0931,000
Accrued liabilities(830)4,251
Other long-term liabilities143223
Net cash provided by operating activities25,13716,923
INVESTING ACTIVITIES:  
Restricted cash16(77)
Proceeds from investments1,675900
Purchases of property, plant and equipment(8,045)(7,250)
Net cash used in investing activities(6,354)(6,427)
FINANCING ACTIVITIES:  
Proceeds from exercise of stock options611594
Minimum tax withholding paid on behalf of an officer for restricted stock awards(1,109)(762)
Excess tax benefits from stock-based compensation937648
Proceeds from long-term debt3,1560
Repayment of long-term debt(139)0
Payment of obligations under capital leases(9)(18)
Advances (payment) under receivable financing arrangements187(83)
Net cash provided by financing activities3,634379
Effect of exchange rate fluctuations on cash and cash equivalents(80)0
Net increase in cash and cash equivalents22,33710,875
Cash and cash equivalents at beginning of period69,94372,644
Cash and cash equivalents at end of period92,28083,519
Supplemental disclosure of cash flow information:  
Cash paid for interest187132
Cash paid for taxes, net of refunds634675
Non-cash investing and financing activities:  
Accrued costs for property, plant and equipment purchases$ 1,824$ 568