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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 25,217 $ 18,598
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 8,545 7,898
Amortization of deferred financing cost 542 580
Increase (decrease) to allowance for doubtful accounts 498 (55)
Increase to inventory reserves 3,059 1,573
Amortization of deferred gain on sale of building (524) (524)
Gain on disposal of property, plant and equipment (1) (6)
Equity loss from joint ventures 26 0
Employee Stock Ownership Plan allocation 2,188 1,933
Stock-based compensation 1,494 1,278
Decrease in deferred income taxes 142 4,114
Decrease in tax valuation allowance 0 (294)
Loss on discontinued operations, net of tax 749 617
Change in assets and liabilities:    
Increase in accounts receivable (53,723) (44,472)
(Increase) decrease in inventories (31,885) 3,300
Increase in prepaid expenses and other current assets (1,501) (510)
Increase in accounts payable 16,550 18,886
Decrease in sundry payables and accrued expenses 19,304 9,629
Net change in other assets and liabilities (3,079) (1,362)
Net cash provided by (used in) operating activities (12,399) 21,183
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions of and investments in businesses (12,760) (38,594)
Capital expenditures (5,551) (5,296)
Other investing activities (596) 6
Net cash used in investing activities (18,907) (43,884)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings under line-of-credit agreements 27,881 24,000
Principal payments of long-term debt and capital lease obligations (62) (53)
Purchase of treasury stock (1,151) (4,999)
Increase in overdraft balances 11,324 5,766
Payments of debt issuance costs (1,261) 0
Proceeds from exercise of employee stock options 142 307
Excess tax benefits related to the exercise of employee stock grants 66 4
Dividends paid (5,037) (4,121)
Net cash provided by financing activities 31,902 20,904
Effect of exchange rate changes on cash (1,395) 168
Net decrease in cash and cash equivalents (799) (1,629)
CASH AND CASH EQUIVALENTS at beginning of period 13,074 10,871
CASH AND CASH EQUIVALENTS at end of period 12,275 9,242
Cash paid during the period for:    
Interest 664 913
Income taxes $ 16,892 $ 7,177