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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 16,114,000 $ 15,022,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,177,000 9,586,000
Inventory step-up amortization 2,053,000 0
Deferred income taxes (4,358,000) 2,722,000
Stock based compensation 2,023,000 1,187,000
Pension settlement charge 4,870,000 0
Loss on disposition of property, plant and equipment 73,000 234,000
Changes in operating assets and liabilities:    
Accounts receivable (13,184,000) (15,768,000)
Inventories 7,385,000 (6,950,000)
Accounts payable 1,065,000 4,635,000
Accrued payroll and other compensation 1,469,000 (1,253,000)
Accrued taxes 1,763,000 (1,247,000)
Other, net (1,951,000) 2,740,000
Net cash provided by operating activities 30,499,000 10,908,000
Cash flows from investing activities:    
Business acquisitions, net of cash acquired (79,407,000) 0
Capital expenditures (8,641,000) (9,502,000)
Acquisition earn out payments (113,000) (158,000)
Net cash used for investing activities (88,161,000) (9,660,000)
Cash flows from financing activities:    
Proceeds from borrowings 60,000,000 0
Debt repayments (491,000) (536,000)
Common stock issued 1,566,000 1,204,000
Common stock repurchased (504,000) (6,411,000)
Excess tax benefit on stock awards 956,000 197,000
Net cash provided by (used for) financing activities 61,527,000 (5,546,000)
Effect of exchange rate changes on cash (2,705,000) 671,000
Increase (Decrease) in cash and cash equivalents 1,160,000 (3,627,000)
Cash and cash equivalents at beginning of period 75,407,000 63,623,000
Cash and cash equivalents at end of period 76,567,000 59,996,000
Non-cash capital expenditures included in accounts payable $ 2,600,000