XML 40 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed 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 $ 2,856 $ 3,994
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,042 4,238
Deferred income taxes 40 2,448
Stock based compensation 749 133
Gain on disposal of assets 0 1
Gain on extinguishment of liability 0 (223)
Changes in current assets and liabilities:    
Trade accounts receivables 143 1,261
Inventory 1,068 1,742
Prepaid expenses 1,578 348
Accounts payable and accrued liabilities (781) (1,928)
Current income tax liability (289) (516)
Deferred income (742) (561)
Other (6) 0
Tax benefit from equity compensation (43) 0
NET CASH PROVIDED BY OPERATING ACTIVITIES 9,615 10,935
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (13,439) (7,713)
NET CASH USED IN INVESTING ACTIVITIES (13,439) (7,713)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from other long-term liabilities, net (9) (57)
Repayments of line of credit (80) 0
Proceeds from exercise of stock options 34 30
Tax benefit from equity compensation 43 0
NET CASH USED IN FINANCING ACTIVITIES (12) (27)
NET CHANGE IN CASH AND CASH EQUIVALENTS (3,836) 3,195
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 24,443 28,086
CASH AND CASH EQUIVALENTS AT END OF PERIOD 20,607 31,281
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 2 31
Income taxes paid $ 0 $ 516