XML 16 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 12,222 $ 6,145
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 1,544 1,076
Share-based compensation 805 957
Loss (gain) on sale of disposal of property, plant and equipment 214 (49)
Realized loss (gain) on investment securities, net 57 60
Amortization of premium on investment securities 153 194
Deferred income taxes (105) (242)
Changes in operating assets and liabilities:    
Accounts receivable 108 (102)
Inventory 2,942 (1,572)
Income taxes, prepaid 2,738 865
Prepaid expenses and other current assets 727 577
Other assets (1) (4)
Accounts payable and accrued expenses (3,396) (1,222)
Net cash flow provided by operating activities 18,008 6,683
Investing Activities:    
Sale of investment securities 1,200 760
Purchase of investment securities   (1,365)
Sale of property and equipment   59
Purchase of property and equipment (1,286) (470)
Net cash flow used in investing activities (86) (1,016)
Financing Activities:    
Options exercised by executives and directors 62 568
Net shares repurchased for employee taxes (215) (825)
Cash dividends paid to stockholders (5,883) (3,878)
Net cash used in financing activities (6,036) (4,135)
Foreign currency impact   2
Increase in cash and cash equivalents 11,886 1,534
Cash and cash equivalents - beginning of the period 75,077 52,436
Cash and cash equivalents - end of period 86,963 53,970
Supplemental disclosure of cash flow information:    
Income taxes paid   1,928
Dividends declared included in accounts payable $ 5,943 $ 3,991