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Condensed Consolidated Unaudited Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 43,804 $ 42,377
Adjustments to reconcile net income to net cash provided by (used in) by operating activities:    
Depreciation and amortization 5,768 5,538
Non-cash contribution to 401(k) plan 4,274 2,945
Share-based compensation 3,849 3,590
Provision for doubtful accounts 1,406 898
Other income from investment in unconsolidated entity (1,444) (1,638)
Other, net (221) 431
Changes in operating assets and liabilities:    
Accounts receivable (2,329) (10,059)
Inventories (55,560) (49,937)
Accounts payable and other liabilities 55,350 (36,649)
Other, net (1,961) 890
Net cash provided by (used in) operating activities 52,936 (41,614)
Cash flows from investing activities:    
Capital expenditures (4,132) (3,494)
Proceeds from sale of property and equipment 29 62
Net cash used in investing activities (4,103) (3,432)
Cash flows from financing activities:    
Dividends on Common and Class B common stock (59,965) (46,581)
Repurchases of common stock to satisfy employee withholding tax obligations (428)  
Net repayments of long-term obligations (230) (60)
Distributions to non-controlling interest   (2,178)
Net proceeds from issuances of common stock 1,127 2,958
Net proceeds under revolving credit agreement 2,300 69,200
Proceeds from short-term borrowings 2,340  
Net cash (used in) provided by financing activities (54,856) 23,339
Effect of foreign exchange rate changes on cash and cash equivalents 402 (716)
Net decrease in cash and cash equivalents (5,621) (22,423)
Cash and cash equivalents at beginning of period 82,894 80,496
Cash and cash equivalents at end of period $ 77,273 $ 58,073