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Interim Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net Income $ 16,129 $ 14,581
Adjustment to reconcile net income to net cash used by operating activities:    
Provision for doubtful accounts (12) 742
Depreciation 5,026 5,287
Amortization of debt issuance 63 125
Stock-based compensation expense 600 564
Excess tax benefits from stock-based payment arrangements (71) (119)
Provision for deferred income tax (benefit) expense 148 (1,050)
Loss on sale of property, plant & equipment (117) (65)
Changes in operating assets and liabilities:    
Accounts receivable (26,287) (40,411)
Inventories (8,785) (20,537)
Prepaid expenses and other assets (396) (1,770)
Trade accounts payable and accrued liabilities 8,809 9,539
Income taxes payable (387) (1,499)
Other long-term liabilities (316) 1,132
Net cash provided by (used in) operating activities (5,596) (33,481)
Investing Activities    
Purchase of property, plant and equipment (2,468) (3,048)
Proceeds from sale of property, plant and equipment 203 114
Net cash used in investing activities (2,265) (2,934)
Financing Activities    
Net change in bank revolving credit facility 33,000 33,500
Principal payments on long-term debt and capital leases (606) (1,404)
Proceeds from issuance of long-term debt 0 194
Dividends paid (1,425) (1,420)
Proceeds from sale of common stock 251 233
Excess tax benefits from stock-based payment arrangements 71 119
Net cash provided by (used in) financing activities 31,291 31,222
Effect of exchange rate changes on cash (198) 1,095
Net change in cash and cash equivalents 23,232 (4,098)
Cash and cash equivalents at beginning of the period 10,288 30,243
Cash and cash equivalents at end of the period 33,520 26,145
Cash paid during the period for:    
Interest 1,005 1,167
Income taxes $ 8,495 $ 9,899