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Consolidated Statement of Cash Flows (unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 7,466 $ 6,454
Adjustments to reconcile net income to cash flows:    
Depreciation and amortization 11,603 10,610
Increase in inventory reserve 696 259
Stock based compensation included in net income 753 1,003
Deferred income tax provision (69) (214)
Equity in losses of partially-owned affiliate 667 0
Other (69) (164)
Changes in assets and liabilities:    
Trade receivables 2,365 (2,442)
Inventories (4,093) (4,419)
Prepaid expenses and other current assets (2,629) (1,717)
Accounts payable and other current liabilities 945 (255)
Other non-current assets and liabilities (4,169) 963
Discontinued operations:    
Non-cash net benefit 0 (1,105)
Net cash provided by operating activities 13,466 8,973
Cash flows from investing activities:    
Capital expenditures (4,690) (5,097)
Acquisition of business, net of cash 0 (6,897)
Net cash used in investing activities (4,690) (11,994)
Long-term debt activity (including current portion):    
Borrowings 4,900 7,300
Repayments (4,400) (28,100)
Other financing activities (332) (46)
Net cash provided by/(used in) financing activities 168 (20,846)
Effect of exchange rate changes on cash and cash equivalents 2,353 (5,412)
Net increase/(decrease) in cash and cash equivalents 11,297 (29,279)
Cash and cash equivalents at beginning of period 29,614 52,365
Cash and cash equivalents at end of period $ 40,911 $ 23,086