XML 19 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Consolidated Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING ACTIVITIES    
Net income $ 8,133 $ 6,854
Adjustments to reconcile net income to net cash provided by (used in) operations:    
Depreciation and amortization 2,684 2,521
Provision for accounts receivable allowances 172 335
Provision for inventory reserves 944 493
Deferred income taxes 1,550 (517)
Share-based compensation expense 498 645
Excess tax benefits from share-based awards   (47)
Other - net (9) (69)
Changes in operating assets and liabilities:    
Accounts receivable (3,778) (5,977)
Inventories (724) (8,902)
Trade accounts payables and accrued liabilities 917 1,373
Income taxes payable (1,644) 1,721
Other - net (549) (1,372)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 8,194 (2,942)
INVESTING ACTIVITIES    
Capital expenditures (9,442) (2,358)
Business acquisitions, net of cash acquired (6,176)  
Proceeds from the sale of property and equipment 3 113
Restricted cash   (198)
NET CASH USED IN INVESTING ACTIVITIES (15,615) (2,443)
FINANCING ACTIVITIES    
Increase in notes payable to banks 5,163 7,847
Payments of long-term debt (158) (199)
Dividends paid (1,095) (1,087)
Excess tax benefits from share-based awards   47
Proceeds from issuance of common shares 24 79
Purchase of common shares for treasury (93)  
NET CASH PROVIDED BY FINANCING ACTIVITIES 3,841 6,687
Effects of exchange rate changes on cash and cash equivalents 640 189
Net increase (decrease) in cash and cash equivalents (2,940) 1,491
Cash and cash equivalents at beginning of year 32,126 22,655
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 29,186 $ 24,146