XML 23 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OPERATING ACTIVITIES:      
Net income $ 22,186 $ 18,040 $ 13,670
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 13,781 13,611 13,475
Amortization of deferred financing costs 45 35 16
Deferred income taxes 3,654 3,090 1,682
Loss (gain) on sale of property, plant and equipment 96 11 (43)
Stock-based compensation 848 737 576
Changes in operating assets and liabilities, net of the effects of acquisitions of businesses:      
Trade receivables (1,756) (474) 1,127
Inventories (164) (1,141) 2,837
Prepaid expenses and other current assets 18 244 (133)
Other assets 5 (118) (32)
Accounts payable and accrued expenses (294) 197 (1,306)
Other liabilities 88 (48) (295)
Net cash provided by operating activities 38,507 34,184 31,574
INVESTING ACTIVITIES:      
Purchase of property, plant and equipment (9,413) (9,328) (6,653)
Proceeds from sale of property, plant and equipment 128 74 247
Net cash used in investing activities (9,285) (9,254) (6,406)
FINANCING ACTIVITIES:      
Repayments of revolving credit facilities, net     (4,688)
Repayments of term loans (3,750) (5,000) (5,000)
Proceeds from exercise of stock options     166
Purchase of treasury shares (8,323) (173) (100)
Tax benefits related to exercise of stock options     84
Net cash used in financing activities (12,073) (5,173) (9,538)
Net increase in cash and cash equivalents 17,149 19,757 15,630
Cash and cash equivalents at beginning of year 36,223 16,466 836
Cash and cash equivalents at end of year $ 53,372 $ 36,223 $ 16,466