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Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Net income$ 2,426$ 1,713
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization11,1999,337
Inventory valuation allowance1,6371,003
Deferred income taxes(878)158
Deferred tax valuation allowance reversal(7,557)0
Tax liability adjustments0(1,029)
Non-cash interest expense336336
Gain on the liquidation of a foreign subsidiary(2,081)0
Loss (gain) on disposal of property and equipment121(398)
Loss on ARS settlement right07,833
Gain on ARS0(7,854)
Stock-based compensation expense4,0384,880
Other1,286366
Changes in operating assets and liabilities, net of acquisitions:  
Accounts receivable(2,514)1,310
Other receivables(1,781)1,524
Inventories(11,705)1,497
Inventory deposit(480)(3,371)
Other current assets254(567)
Accounts payable18,1515,673
Accrued wages and bonuses125(1,180)
Accrued restructuring1,958(2,510)
Deferred income2,5741,649
Other accrued liabilities(3,194)(1,116)
Net cash provided by operating activities13,91519,254
Cash flows from investing activities:  
Acquisitions, net of cash acquired(79,298)(3,385)
Proceeds from sale of auction rate securities062,175
Capital expenditures(4,289)(3,283)
Purchase of long-term assets(500)(3,189)
Proceeds from the sale of property and equipment0450
Net cash provided by (used in) investing activities(84,087)52,768
Cash flows from financing activities:  
Borrowings on line of credit013,738
Payments on line of credit0(55,025)
Repurchases of common stock(3,920)0
Proceeds from issuance of common stock1,3242,130
Other financing activities(408)(329)
Net cash used in financing activities(3,004)(39,486)
Effect of exchange rate changes on cash049
Net increase (decrease) in cash and cash equivalents(73,176)32,585
Cash and Cash Equivalents, beginning of period129,078100,672
Cash and Cash Equivalents, end of period55,902133,257
Supplemental disclosure of cash flow information:  
Interest1,3751,375
Income taxes538524
Supplemental disclosure of non-cash financing activities:  
Issuance of common stock for acquisitions30,8180
Capital lease obligation$ 120$ 0