XML 32 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 16,791$ 14,253
Adjustments to reconcile net income to net cash provided by operating activities  
Deferred income taxes(1,000)7
Depreciation and amortization9,0756,640
Equity in (income)/losses of nonconsolidated investment(570)272
Loss on sale of property, plant and equipment951
Deferred gain amortization on sale-leaseback(738)(161)
Stock-based compensation1,7201,199
Excess tax benefit from share-based compensation(389)(623)
Unrealized loss on derivative mark-to-market 11
Change in operating assets and liabilities:  
Accounts receivable(11,959)(1,209)
Inventories(3,940)5,212
Other current assets55475
Prepaid income tax1,669160
Other noncurrent assets(432)85
Accounts payable - trade8,260(9,228)
Deferred revenue(9,149)16,247
Accrued payroll and employee benefits(740)177
Other current liabilities1,624(384)
Other liabilities(840)(79)
Net Cash Provided by Operating Activities10,03132,655
CASH FLOWS FROM INVESTING ACTIVITIES  
Proceeds from sale of property, plant and equipment51 
Capital expenditures on property, plant and equipment(8,107)(4,064)
Acquisitions(8,952)(5,050)
Capital contributions to equity method investment(625)(800)
Net Cash Used by Investing Activities(17,633)(9,914)
CASH FLOWS FROM FINANCING ACTIVITIES:  
Repayments of long-term debt, term loan (2,143)
Repayments of other long-term debt(2,017)(2,155)
Proceeds from exercise of stock options and stock awards123272
Excess tax benefit from share-based compensation389623
Treasury stock acquisitions(6,501) 
Cash dividends on common stock paid to shareholders(767) 
Net Cash Used by Financing Activities(8,773)(3,403)
Effect of exchange rate changes on cash and cash equivalents(1,290) 
Net (Decrease) / Increase in Cash and Cash Equivalents(17,665)19,338
Cash and Cash Equivalents at Beginning of Period74,800124,845
Cash and Cash Equivalents at End of Period57,135144,183
Supplemental Disclosure of Cash Flow Information:  
Interest Paid360605
Income Taxes Paid6,3147,766
Capital Expenditures Funded through Capital Leases $ 144