XML 37 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities:    
Net earnings $ 4,632 $ 2,907
Adjustments to reconcile net earnings to net cash provided by (used for) operations:    
Depreciation 2,474 2,191
Amortization 1,274 1,164
Deferred income taxes (66) (24)
Noncurrent employee benefits (113) 255
Stock-based compensation expense 363 273
Changes in:    
Receivables (4,772) (1,838)
Inventories (2,998) 2,445
Prepaid expenses and other current assets 646 416
Liabilities other than debt (859) (3,481)
Total adjustments (4,051) 1,401
Net cash provided by operations 581 4,308
Investing activities:    
Property, plant and equipment expenditures (3,328) (2,803)
Net cash used for investing activities (3,328) (2,803)
Financing activities:    
Net increase (decrease) in short-term debt 3,784 (2,750)
Dividends paid (2,580) (2,421)
Proceeds from exercise of stock options 417 620
Tax benefit on stock options 145 363
Issuance of treasury stock 66 147
Net cash provided by (used for) financing activities 1,832 (4,041)
Effect of foreign exchange rates on cash 60 (231)
Decrease in cash (855) (2,767)
Cash - beginning of period 7,263 6,554
Cash - end of period $ 6,408 $ 3,787