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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 9,438 $ 8,487
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,546 2,183
Deferred income taxes 627 (138)
Stock-based compensation 380 316
Net change in unrealized gains and losses on investments (147) 789
Net change in accrued interest, premiums, and discounts on investments 184 (104)
Total adjustments 13,028 11,533
Changes in operating assets and liabilities:    
Accounts receivable (4,226) (3,528)
Inventories 771 (553)
Prepaid expenses 1,439 1,135
Other non-current assets 34 (252)
Accounts payable and accrued liabilities 316 (668)
Accrued income and other taxes 477 2,229
Other non-current liabilities 1,066 470
Net Cash Provided by (Used in) Operating Activities, Continuing Operations, Total 12,905 10,366
Cash flows from investing activities:    
Property, plant and equipment additions (3,563) (3,269)
Purchase of investments (28,218) (25,521)
Proceeds from maturities of investments 6,667 10,691
Net Cash Provided by (Used in) Investing Activities, Continuing Operations, Total (25,114) (18,099)
Cash flows from financing activities:    
Dividends paid (2,501) (2,222)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations, Total (2,501) (2,222)
Net change in cash and cash equivalents (14,710) (9,955)
Cash and cash equivalents at beginning of period 58,753 30,136
Cash and cash equivalents at end of period 44,043 20,181
Cash paid for:    
Income taxes $ 56 $ 24