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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net income $ 63,055 $ 39,122
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 8,173 8,305
Amortization of intangibles 9,978 10,629
Net loss/(gain) on the sale of assets 17 (8,326)
Deferred income taxes 1,770 (218)
Excess tax benefits from stock-based compensation (605) 0
Loss on debt extinguishment 487 5,620
Stock-based compensation 5,702 4,539
Impairment of goodwill 1,663 0
Non-cash interest expense 1,830 2,262
Changes in operating assets and liabilities    
Accounts receivable 20,873 (7,106)
Inventories (46,034) (66,756)
Prepaid expenses and other (16,911) (3,593)
Accounts payable and accrued liabilities 25,154 57,362
Other, net 1,113 619
Net cash provided by operating activities 76,265 42,459
Cash flows from investing activities    
Capital expenditures (8,115) (5,350)
Proceeds from the sale of property, plant and equipment 17 13,168
Other, net 0 (10,000)
Net cash used in investing activities (8,098) (2,182)
Cash flows from financing activities    
Proceeds from exercise of stock options 1,397 1,847
Excess tax benefits from stock-based compensation 605 0
Borrowings under revolving credit facilities 316 416
Payments under revolving credit facilities (316) (416)
Principal payments under capital lease obligations (443) (746)
Proceeds from issuance of term loan credit facility 0 192,845
Principal payments under term loan credit facility (964) (193,327)
Principal payments under industrial revenue bond (256) (246)
Debt issuance costs paid 0 (2,467)
Stock repurchase (17,698) (41,653)
Convertible senior notes repurchase (42,061) 0
Other, net 0 (3,079)
Net cash used in financing activities (59,420) (46,826)
Net increase (decrease) in cash and cash equivalents 8,747 (6,549)
Cash and cash equivalents at beginning of period 178,853 146,113
Cash and cash equivalents at end of period $ 187,600 $ 139,564