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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities    
Net income $ 55,189 $ 64,031
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 37,059 35,146
Provision for doubtful accounts 395 28
Deferred income taxes (1,673) 3,865
Excess tax benefits from stock based compensation (372) (67)
Lower of cost or market inventory adjustment 2,798  
Loss (gain) on disposal or impairment of assets 4,864 (56)
Foreign currency transaction loss, net 82 2
Stock compensation expense 5,887 4,519
Changes in operating assets and liabilities:    
Trade accounts and other receivables 11,358 (52,708)
Inventories (21,020) 10,901
Prepaid expenses and other current assets (1,746) (3,772)
Long-term prepaid expenses 157 1,973
Accounts payable 8,501 2,460
Accrued expenses (1,572) 3,730
Accrued income taxes, net (3,123) 1,185
Net cash provided by operating activities 96,784 71,237
Investing activities    
Capital expenditures (131,232) (61,186)
Net cash used in investing activities (131,232) (61,186)
Financing activities    
Dividends paid (21,500) (19,427)
Purchase of common stock (6,892) (6,821)
Excess tax benefits from stock based compensation 372 67
Net cash used in financing activities (28,020) (26,181)
Effect of exchange rate changes on cash (1,678) (748)
Net decrease in cash and cash equivalents (64,146) (16,878)
Cash and cash equivalents at beginning of period 94,250 90,635
Cash and cash equivalents at end of period 30,104 73,757
Supplemental cash flow information    
Interest paid 20 3
Income taxes paid $ 30,476 $ 24,909