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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 22,895 $ 20,492 $ 15,727
Adjustments to reconcile net income to net cash provided by operating activities      
Gain on sale of marketable securities 0 (1,364) (1,194)
Deferred income taxes 3,484 1,130 (675)
Excess tax benefit from share-based compensation (425) (961) (128)
Depreciation and amortization 12,360 9,489 8,720
Loss on sale of property, plant and equipment 145 10 32
Deferred gain amortization on sale-leaseback (1,081) (215) (215)
Equity in (gains)/losses of nonconsolidated investments (708) 213 0
Stock-based compensation 1,958 1,944 653
Unrealized loss on derivative mark-to-market 0 11 22
Change in operating assets and liabilities:      
Accounts receivable 992 11,397 3,135
Inventories (2,071) 30,606 3,934
Other current assets 922 10 60
Prepaid income taxes (2,239) 462 (120)
Other noncurrent assets (136) 88 40
Accounts payable - trade 4,772 (13,158) (773)
Deferred revenue (9,609) 667 0
Accrued payroll and employee benefits (372) (1,396) (1,894)
Other current liabilities (2,161) 897 (1,379)
Other liabilities 1,944 (840) (205)
Net Cash Provided by Operating Activities 30,670 59,482 25,740
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisitions, net of cash received (8,952) (90,807) 0
Proceeds from the sale of assets, property, plant and equipment 41 10,179 1
Capital expenditures on property, plant and equipment (11,939) (6,160) (6,107)
Capital contributions to equity method investment (800) (800) (1,400)
Proceeds from the sale of marketable securities 0 0 2,115
Net Cash Used by Investing Activities (21,650) (87,588) (5,391)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of term loan 0 (13,095) (2,857)
Repayments of other long-term debt (2,366) (10,288) (6,051)
Proceeds from exercise of stock options and stock awards 207 451 65
Excess tax benefit from share-based compensation 425 961 128
Cash dividends on common stock paid to shareholders (1,022) 0 0
Treasury stock acquisitions (6,480) (17) (1,863)
Net Cash Used by Financing Activities (9,236) (21,988) (10,578)
Effect of exchange rate changes on cash and cash equivalents (857) 49 0
Net (Decrease) / Increase in Cash and Cash Equivalents (1,073) (50,045) 9,771
Cash and Cash Equivalents at Beginning of Period 74,800 124,845 115,074
Cash and Cash Equivalents at End of Period 73,727 74,800 124,845
Supplemental Disclosure of Cash Flow Information:      
Interest Paid 505 806 1,122
Income Taxes Paid 9,395 10,805 13,381
Portec Available-for-Sale Securities Redeemed as part of Acquisition 0 2,158 0
Capital Expenditures Funded through Capital Leases 0 199 0
Accrued Portec Purchase Price Funded in January 2011 $ 0 $ 8,952 $ 0