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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 5,790 $ 5,063
Adjustments to reconcile net earnings to net cash provided by operating activities -    
Depreciation 1,342 1,386
Amortization 83 60
Bad debt expense 99 65
Deferred income taxes (957) (475)
Net foreign currency transaction (gains) losses (121) 213
Stock-based compensation 597 569
Pension expense 1,474 1,624
Net gains on disposal of assets (13)  
Increase in cash surrender value of life insurance (127) (120)
Change in operating assets and liabilities, net of effects from acquisitions -    
Accounts receivable 8,083 1,930
Inventories 4,662 2,843
Prepaids and other current assets 1,060 175
Accounts payable (3,484) (2,574)
Accrued liabilities and other (1,320) (900)
Accrued income taxes (2,281) (1,972)
Net cash provided by operating activities 14,887 7,887
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of businesses, net of cash acquired (27,023) (2,509)
Purchase of marketable securities (80) (21,802)
Proceeds from maturities of marketable securities 4,035 3,648
Proceeds from the sale of assets 13  
Life insurance premiums paid (155) (155)
Purchase of property, plant and equipment (3,117) (646)
Net cash used for investing activities (26,327) (21,464)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash dividends paid (3,634) (3,401)
Shares purchased and retired (10,205) (753)
Proceeds from stock options exercised 725 607
Repayment of debt assumed in acquisition (3,814)  
Net borrowings of commercial paper 19,950  
Proceeds from bank borrowings 31,000  
Repayments of bank borrowings (20,000)  
Income tax benefits from stock-based compensation 341 331
Net cash provided by (used for) financing activities 14,363 (3,216)
Effect of exchange rate changes on cash and cash equivalents 102 (98)
Net increase (decrease) in cash and cash equivalents 3,025 (16,891)
CASH AND CASH EQUIVALENTS at beginning of period 7,150 30,000
CASH AND CASH EQUIVALENTS at end of period 10,175 13,109
SUPPLEMENTAL CASH FLOW INFORMATION:    
Income taxes paid, net of refunds 4,751 5,352
Interest paid $ 221 $ 82