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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net income $ 7,296 $ 5,735
Adjustments to reconcile net income to net cash used in operating activities    
Depreciation 4,042 4,406
Amortization of intangibles 5,471 5,370
Deferred income taxes 5,988 3,790
Stock-based compensation 1,640 1,884
Accretion of debt discount 1,195 1,126
Changes in operating assets and liabilities    
Accounts receivable 1,494 (4,593)
Inventories (78,742) (46,580)
Prepaid expenses and other (1,565) (83)
Accounts payable and accrued liabilities 8,815 19,563
Other, net 311 1,716
Net cash used in operating activities (44,055) (7,666)
Cash flows from investing activities    
Capital expenditures (2,078) (2,564)
Acquisition 0 (13,860)
Other 0 2,418
Net cash used in investing activities (2,078) (14,006)
Cash flows from financing activities    
Proceeds from exercise of stock options 1,517 161
Borrowings under revolving credit facilities 175 223
Payments under revolving credit facilities (175) (223)
Principal payments under capital lease obligations (603) (441)
Principal payments under term loan credit facility (693) (750)
Principal payments under industrial revenue bond (117) (38)
Debt issuance costs paid 0 (41)
Stock repurchase (1,497) (35)
Net cash used in financing activities (1,393) (1,144)
Net decrease in cash and cash equivalents (47,526) (22,816)
Cash and cash equivalents at beginning of period 113,262 81,449
Cash and cash equivalents at end of period $ 65,736 $ 58,633