XML 39 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 40,912 $ 37,052
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 11,408 9,624
Provision for doubtful accounts (8) (1,332)
Noncash stock compensation 627 806
Deferred tax (benefit) (2,798) (713)
Change in fair value of derivatives 68 230
Changes in:    
Accounts receivable 7,819 (73,248)
Inventories 2,904 (73,966)
Other assets (1,161) 4,787
Accounts payable and accrued expenses (44,347) 50,111
Income taxes payable, net 7,136 (4,629)
Net cash provided by (used in) operating activities 22,440 (49,074)
Cash flows from investing activities:    
Purchases of short-term investments    (10,961)
Proceeds from sale of short-term investments    (55,880)
Purchases of equipment and leasehold improvements (7,633) (7,578)
Payment for intangible assets acquired (2,690) (3,498)
Net cash provided by (used in) investing activities (10,323) 33,843
Cash flows from financing activities:    
Proceeds from (repayments of) loans payable ? banks, net (10,328) 15,686
Repayment of long-term debt (4,364) (8,846)
Proceeds from exercise of options 416 958
Proceeds from sale of stock of subsidiary 3,284 2,844
Payment for noncontrolling interests acquired    (750)
Dividends paid (7,336) (6,861)
Dividends paid to noncontrolling interest (3,333) (3,149)
Net cash used in financing activities (21,661) (118)
Effect of exchange rate changes on cash (461) 986
Net decrease in cash and cash equivalents (10,005) (14,363)
Cash and cash equivalents - beginning of period 35,856 37,548
Cash and cash equivalents - end of period 25,851 23,185
Supplemental disclosure of cash flow information:    
Interest 1,315 1,686
Income taxes $ 12,136 $ 23,795