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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Operating Activities | ||
| Net income | $ 10,789us-gaap_NetIncomeLoss | $ 10,854us-gaap_NetIncomeLoss |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 3,897us-gaap_DepreciationDepletionAndAmortization | 3,895us-gaap_DepreciationDepletionAndAmortization |
| Deferred income taxes | (352)us-gaap_DeferredIncomeTaxExpenseBenefit | 3,866us-gaap_DeferredIncomeTaxExpenseBenefit |
| Excess tax benefits of options exercised | 0us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities | (102)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities |
| Stock-based compensation | 220us-gaap_ShareBasedCompensation | 80us-gaap_ShareBasedCompensation |
| Other | (43)us-gaap_OtherNoncashIncomeExpense | 6us-gaap_OtherNoncashIncomeExpense |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 11,337us-gaap_IncreaseDecreaseInAccountsReceivable | (3,408)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Inventories | (7,103)us-gaap_IncreaseDecreaseInInventories | (4,843)us-gaap_IncreaseDecreaseInInventories |
| Trade accounts payable and accrued liabilities | (13,935)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | (349)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Other assets and liabilities | 1,128us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet | 602us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet |
| Current income taxes receivable / payable | 3,409us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable | (4,118)us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable |
| Net cash provided by (used in) operating activities | 9,347us-gaap_NetCashProvidedByUsedInOperatingActivities | 6,483us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Investing Activities | ||
| Purchases of property, plant and equipment | (10,488)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (6,425)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Other | 0us-gaap_PaymentsForProceedsFromOtherInvestingActivities | (32)us-gaap_PaymentsForProceedsFromOtherInvestingActivities |
| Net cash provided by (used in) investing activities | (10,488)us-gaap_NetCashProvidedByUsedInInvestingActivities | (6,457)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Financing Activities | ||
| Proceeds from issuance of common stock, net | 161us-gaap_ProceedsFromIssuanceOfCommonStock | 330us-gaap_ProceedsFromIssuanceOfCommonStock |
| Dividends paid | (415)us-gaap_PaymentsOfDividends | (414)us-gaap_PaymentsOfDividends |
| Excess tax benefits of options exercised | 0us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities | 102us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities |
| Net cash provided by (used in) financing activities | (254)us-gaap_NetCashProvidedByUsedInFinancingActivities | 18us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Net increase (decrease) in cash and cash equivalents | (1,395)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 44us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents at beginning of period | 54,664us-gaap_CashAndCashEquivalentsAtCarryingValue | 36,778us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of period | $ 53,269us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 36,822us-gaap_CashAndCashEquivalentsAtCarryingValue |
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amounts payable to taxing authorities for taxes that are based on the reporting entity's earnings, net of amounts receivable from taxing authorities for refunds of overpayments or recoveries of income taxes. No definition available.
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The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in other assets used in operating activities less other operating liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets and liabilities, other noncurrent assets and liabilities, or a combination of other current and noncurrent assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The net cash outflow or inflow from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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