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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
OPERATING ACTIVITIES    
Net income $ 32,288 $ 18,423
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 14,558 13,389
Interest accretion of convertible notes 4,465 0
Employee stock and stock option related compensation expense 4,181 2,801
Financing costs amortization 877 649
Foreign currency (losses) gains 1,418 (143)
Gain (loss) on disposal of assets 0 1,216
Impairment of intangible assets 3,070 0
Reversal of contingent consideration liability (4,620) 0
Other non-cash operating activities 737 (13)
Increase (decrease) in cash resulting from changes in operating assets and liabilities:    
Accounts receivable (14,092) (29,109)
Inventory (23,674) (16,099)
Unbilled contract revenues and other current assets (4,036) (6,360)
Accounts payable and other current liabilities (23,036) (12,731)
Customer advances and billings in excess of contract revenue 2,939 13,198
Net Cash Used In Operating Activities (4,925) (14,779)
INVESTING ACTIVITIES    
Capital expenditures (16,802) (10,433)
Acquisition of businesses, net of cash acquired 0 (1,610)
Other investing activities 0 388
Net Cash Used In Investing Activities 16,802 11,655
FINANCING ACTIVITIES    
Proceeds from Issuance of Long-term Debt 21,375 0
Principal payments on long-term debt (2,563) (3,250)
Payment of deferred financing costs (1,458) (347)
Proceeds from exercise of options 1,843 4,885
Tax benefit from exercise of stock options 6,355 6,984
Common stock repurchases (4,491) (1,090)
Net Cash Provided By Financing Activities 21,061 7,182
Effect of exchange rate changes on cash (1,486) 6,515
Net decrease in cash and cash equivalents (2,152) (12,737)
Cash and cash equivalents at beginning of period 256,861 165,112
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 254,709 $ 152,375