v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
OPERATING ACTIVITIES    
Net income $ 35,699 $ 14,590
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 10,947 10,834
Deferred income taxes 5,845 (4,248)
Other 214 526
Changes in operating assets and liabilities:    
Accounts receivable (38,954) (8,187)
Inventories (8,957) (3,558)
Trade accounts payable and accrued liabilities 13,279 9,529
Other assets and liabilities 2,579 (14,084)
Current income taxes receivable / payable 1,824 1,137
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 22,476 6,539
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (39,465) (33,019)
Proceeds from sale of assets   17
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (39,465) (33,002)
FINANCING ACTIVITIES    
Proceeds from issuances of common stock 439 132
Purchase of treasury stock   (66,638)
Dividends paid (1,241) (1,350)
Excess tax benefits of options exercised 53 9
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (749) (67,847)
Net increase (decrease) in cash and cash equivalents (17,738) (94,310)
Cash and cash equivalents at beginning of period 33,883 [1] 112,298
Cash and cash equivalents at end of period $ 16,145 $ 17,988
[1] The consolidated balance sheet at December 31, 2012, as presented, is derived from the audited consolidated financial statements at that date.