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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating activities    
Net income $ 30,291 $ 30,164
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,604 8,180
Deferred income taxes 2,501 1,272
Excess tax benefits from stock based compensation (1,257) (1,228)
Loss on disposal or impairment of assets 5 1,679
Foreign currency transaction loss, net 435 188
Stock compensation expense 1,682 1,359
Changes in operating assets and liabilities:    
Trade accounts and other receivables 311 (17,907)
Inventories (3,781) 118
Prepaid expenses and other current assets 150 (722)
Long-term prepaid expenses 766 433
Accounts payable (10,255) (377)
Accrued expenses (14,881) (4,108)
Accrued income taxes, net 12,698 13,880
Net cash provided by operating activities 29,269 32,931
Investing activities    
Capital expenditures (26,978) (21,568)
Net cash used in investing activities (26,978) (21,568)
Financing activities    
Proceeds from bank borrowings 10,000  
Repayments on bank borrowings (10,000)  
Net proceeds from stock based compensation   76
Dividends paid (5,555) (4,632)
Purchase of common stock (7,655) (776)
Excess tax benefits from stock based compensation 1,257 1,228
Net cash used in financing activities (11,953) (4,104)
Effect of exchange rate changes on cash 425 444
Net (decrease) increase in cash and cash equivalents (9,237) 7,703
Cash and cash equivalents at beginning of period 41,270 46,656
Cash and cash equivalents at end of period 32,033 54,359
Supplemental cash flow information    
Interest paid 7  
Income taxes paid $ 517 $ 553