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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
OPERATING ACTIVITIES:    
Net income $ 15,469 $ 12,098
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 3,359 3,038
Provision for doubtful accounts 177 185
Excess tax benefit from stock-based compensation   (106)
Issuance of non-employee director shares 96 96
Deferred income tax provision 5 60
Gain/Loss on Disposal of Equipment 3  
Changes in operating assets and liabilities:    
Accounts receivable (17,190) (215)
Inventories 1,113 (8,599)
Prepaid expenses (1,011) (773)
Other assets (48) (244)
Accounts payable (3,531) 6,691
Accrued liabilities 978 1,556
Net cash flows from (used in) operating activities (580) 13,787
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (19,155) (5,877)
Proceeds from sale of plant, property & equipment 5  
Net (payments on) proceeds from notes receivable (635) 1
Net cash flows from (used in) investing activities (19,785) (5,876)
FINANCING ACTIVITIES:    
Net borrowings under credit facility 20,000  
Payments of cash dividends (5,786) (5,438)
Proceeds from stock option exercises   186
Excess tax benefit from stock-based compensation   106
Net cash flows from (used in) financing activities 14,214 (5,146)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND TEMPORARY INVESTMENTS 542 (1,397)
NET CHANGE IN CASH AND TEMPORARY INVESTMENTS (5,609) 1,368
CASH AND TEMPORARY INVESTMENTS, beginning of period 38,449 39,597
CASH AND TEMPORARY INVESTMENTS, end of period 32,840 40,965
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash payments for interest 1,314 1,099
Cash payments for income taxes, net of refunds $ 9,211 $ 6,908