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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 16,198,000 $ 16,542,000
Income (loss) from discontinued operations, net of tax 533,000 (1,903,000)
Income from continuing operations 15,665,000 18,445,000
Adjustments to reconcile net income to net cash provided by operating activities from continuing operations:    
Depreciation and amortization 5,425,000 5,977,000
Realized (gain) on investment securities, net (117,000) (949,000)
Share-based compensation 1,707,000 1,858,000
Deferred income taxes 163,000 (760,000)
(Gain)/loss on disposal of fixed assets 59,000 (17,000)
Changes in assets and liabilities which provided (used) cash:    
Accounts receivable (219,000) (1,108,000)
Inventory 3,965,000 1,733,000
Prepaid expenses and other current assets 1,158,000 885,000
Other assets 334,000 18,000
Accounts payable and accrued expenses (1,676,000) 1,038,000
Income taxes 4,358,000 (1,006,000)
Net cash provided by operating activities- continuing operations 30,822,000 26,114,000
Net cash used in operating activities- discontinued operations (3,525,000) (1,553,000)
Net cash provided by operating activities 27,297,000 24,561,000
Cash Flow from Investing Activities:    
Sale of investment securities 7,135,000 23,367,000
Purchase of investment securities (6,987,000) (19,700,000)
Purchase of property and equipment (1,605,000) (4,121,000)
Net cash used in investing activities- continuing operations (1,457,000) (454,000)
Net cash provided by investing activities- discontinued operations 0 1,128,000
Net cash provided by (used in) investing activities (1,457,000) 674,000
Cash Flow from Financing Activities:    
Repayment of long-term debt and capital leases (173,000) (166,000)
Decrease in note receivable 45,000 23,000
Net shares repurchased for employee taxes (875,000) 0
Options exercised by executives and directors 44,000 0
Excess tax benefits from share-based compensation 170,000 51,000
Purchase of treasury stock (10,516,000) (33,894,000)
Net cash used in financing activities- continuing operations (11,305,000) (33,986,000)
Net cash used in financing activities- discontinued operations 0 0
Net cash used in financing activities (11,305,000) (33,986,000)
NET CHANGE IN CASH AND CASH EQUIVALENTS 14,535,000 (8,751,000)
Cash and cash equivalents - beginning of the period 24,459,000 36,382,000
Cash and cash equivalents - end of period 38,994,000 27,631,000
Supplemental disclosure of cash flow information:    
Interest paid 18,000 104,000
Income taxes paid $ 1,805,000 $ 10,211,000