v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating Activities    
Net income $ 29,781 [1] $ 19,871
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 9,349 10,079
Amortization of bond premiums 545 80
Provision for losses on accounts receivable, net of adjustments 121 (7)
Provision for excess and obsolete inventories 468 0
Share-based compensation 1,054 625
Excess tax benefits from stock options exercised and restricted stock awards vested (502) (267)
Gain on disposition of assets (52) (17)
Foreign currency transaction gain (loss) 35 (40)
Interest income on note receivable (31) 0
Deferred income taxes (1,794) (987)
Write-off of note receivable 75 0
Changes in assets and liabilities:    
Accounts receivable (2,384) (8,227)
Income tax receivable 1,753 5,801
Inventories (1,237) (2,702)
Prepaid expenses and other 121 148
Accounts payable (227) 2,681
Deferred revenue 358 0
Accrued liabilities 1,410 11,375
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 38,843 38,413
Investing Activities    
Capital expenditures (6,407) (12,582)
Proceeds from sale of property, plant and equipment 72 311
Investment in certificates of deposits (8,869) (4,280)
Maturities of certificates of deposits 1,440 1,060
Purchase of investments held to maturity (22,275) (5,624)
Maturities of investments 3,315 0
Proceeds from called investment 0 270
Principal payments from note receivable 52 20
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (32,672) (20,825)
Financing Activities    
Borrowings under revolving credit facility 8,325 34,847
Payments under revolving credit facility (8,325) (39,422)
Stock options exercised 986 1,053
Excess tax benefits from stock options exercised and restricted stock awards vested 502 267
Repurchase of stock (4,817) (4,379)
Cash dividends paid to stockholders (3,712) (2,950)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations (7,041) (10,584)
Net (decrease) increase in cash and cash equivalents (870) 7,004
Cash and cash equivalents, beginning of period 3,159 13
Cash and cash equivalents, end of period $ 2,289 $ 7,017
[1] Includes cash payment of fractional shares from three-for-two stock split effective July 2, 2013