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Interim Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating Activities    
Net income $ 18,737 $ 16,129
Adjustment to reconcile net income to net cash used by operating activities:    
Provision for doubtful accounts (53) (12)
Depreciation 4,340 5,026
Amortization of debt issuance 63 63
Stock-based compensation expense 645 600
Excess tax benefits from stock-based payment arrangements (111) (71)
Provision for deferred income tax (benefit) expense 56 148
Loss on sale of property, plant & equipment (202) (117)
Changes in operating assets and liabilities:    
Accounts receivable (41,018) (26,287)
Inventories (14,378) (8,785)
Prepaid expenses and other assets (449) (396)
Trade accounts payable and accrued liabilities 12,982 8,809
Income taxes payable (1,712) (387)
Other long-term liabilities (465) (316)
Net cash provided by (used in) operating activities (21,565) (5,596)
Investing Activities    
Purchase of property, plant and equipment (7,195) (2,468)
Proceeds from sale of property, plant and equipment 373 203
Net cash used in investing activities (6,822) (2,265)
Financing Activities    
Net change in bank revolving credit facility 0 33,000
Principal payments on long-term debt and capital leases (146) (606)
Dividends paid (1,682) (1,425)
Proceeds from sale of common stock 865 251
Excess tax benefits from stock-based payment arrangements 111 71
Net cash provided by (used in) financing activities (852) 31,291
Effect of exchange rate changes on cash (1,211) (198)
Net change in cash and cash equivalents (30,450) 23,232
Cash and cash equivalents at beginning of the period 48,291 10,288
Cash and cash equivalents at end of the period 17,841 33,520
Cash paid during the period for:    
Interest 400 1,005
Income taxes $ 7,543 $ 8,495