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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 15,734 $ 12,204
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:    
Depreciation and amortization 5,631 4,373
Amortization of deferred financing cost 86 84
Increase to allowance for doubtful accounts 534 357
Increase to inventory reserves 981 1,194
Amortization of deferred gain on sale of building (262) (262)
Equity income from joint ventures (718) (530)
Employee stock ownership plan allocation 540 505
Stock-based compensation 1,862 1,109
Excess tax benefits related to exercise of employee stock grants 0 (124)
Decrease in deferred income taxes 214 538
Loss on discontinued operations, net of tax 633 452
Change in assets and liabilities:    
Increase in accounts receivable (45,325) (19,281)
Increase in inventories (19,344) (14,621)
Decrease in prepaid expenses and other current assets 2,065 5,064
Increase in accounts payable 13,664 11,431
Decrease in sundry payables and accrued expenses (2,269) (5,002)
Net changes in other assets and liabilities (910) 1,174
Net cash used in operating activities (26,884) (1,335)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (3,234) (4,099)
Other investing activities 2 2
Net cash used in investing activities (3,232) (4,097)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings under line-of-credit agreements 27,234 2,028
Net borrowings (payments) of long-term debt and capital lease obligations (10) 120
Purchase of treasury stock (1,267) (377)
Increase in overdraft balances 3,650 1,715
Excess tax benefits related to the exercise of employee stock grants 0 124
Dividends paid (4,338) (3,849)
Net cash provided by (used in) financing activities 25,269 (239)
Effect of exchange rate changes on cash 632 231
Net decrease in cash and cash equivalents (4,215) (5,440)
CASH AND CASH EQUIVALENTS at beginning of period 19,796 18,800
CASH AND CASH EQUIVALENTS at end of period 15,581 13,360
Cash paid during the period for:    
Interest 328 225
Income taxes $ 1,407 $ 1,578