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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 9,950 $ 6,945
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,099 2,212
Deferred income taxes 217 (168)
Stock-based compensation 275 491
Bond impairment 0 345
Net change in accrued interest, premiums, and discounts on investments (28) 5
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities 12,513 9,830
Changes in operating assets and liabilities:    
Accounts receivable (3,513) (5,097)
Inventories (1,339) (697)
Prepaid expenses 1,178 1,562
Other non-current assets 66 (62)
Accounts payable and accrued liabilities 773 (487)
Accrued income and other taxes 278 2,209
Other non-current liabilities 39 (120)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations, Total 9,995 7,138
Cash flows from investing activities:    
Property, plant and equipment additions (2,373) (2,947)
Purchase of investments (19,911) (1,676)
Proceeds from maturities of investments 15,000 0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations, Total (7,284) (4,623)
Cash flows from financing activities:    
Shares tendered for employees’ withholding taxes on stock-based compensation (3,275) 0
Purchase of treasury stock 0 (1,276)
Dividends paid (1,929) (1,638)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations, Total (5,204) (2,914)
Net change in cash and cash equivalents (2,493) (399)
Cash and cash equivalents at beginning of period 20,022 28,346
Cash and cash equivalents at end of period 17,529 27,947
Cash paid for:    
Income taxes 29 104
Non-cash financing activities:    
Non-cash effect of stock option exercises $ 4,535 $ 0