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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
OPERATING ACTIVITIES:    
Net income $ 41,493 $ 46,847
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 12,659 12,311
Amortization of intangibles 2,858 3,195
Stock-based compensation 3,725 3,040
Non-cash inventory charge 205 3,678
Excess tax benefit on share-based compensation (2,246) (3,685)
Loss (gain) on sale of assets 60 (100)
Changes in operating assets and liabilities:    
Accounts receivable (21,679) (18,886)
Inventories (2,150) (1,475)
Accounts payable 7,173 5,851
Accrued expenses (including post-retirement) (6,930) 581
Accrued payroll and severance (3,163) (7,437)
Accrued taxes 1,093 2,888
Prepaid expenses and other (521) (739)
Net cash provided by operating activities 32,577 46,069
INVESTING ACTIVITIES:    
Purchases of property, plant, and equipment (6,747) (10,559)
Acquisition of business, net of cash acquired (23,521) 50
Purchase of investment (10,000)  
Purchase of short-term investments (4,616)  
Proceeds from sales of short-term investments 12,401  
Proceeds from sale of assets 441 253
Net cash used in investing activities (32,042) (10,256)
FINANCING ACTIVITIES:    
Proceeds from debt 17,000 85,000
Payments of term debt   (49,000)
Payments of revolving credit facility (17,500) (40,000)
Debt issuance costs   (716)
Cash dividends paid (7,806) (6,613)
Proceeds from exercise of stock options 10,698 20,673
Excess tax benefit on share-based compensation 2,246 3,685
Net cash provided by financing activities 4,638 13,029
Effect of exchange rate changes on cash and cash equivalents (371) 5,362
Increase in cash and cash equivalents 4,802 54,204
Cash and cash equivalents at beginning of period 164,016 109,720
Cash and cash equivalents at end of period $ 168,818 $ 163,924