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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
OPERATING ACTIVITIES:    
Net income $ 22,947 $ 13,720
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 5,577 4,169
(Gain) loss on disposal of property, plant and equipment 133 (624)
Provision for doubtful accounts 163 (32)
Issuance of non-employee director shares 150 150
Deferred tax provision 123 14
Changes in operating assets and liabilities:    
Accounts receivable (25,807) (9,318)
Inventories (13,846) 960
Prepaid expenses 656 1,815
Other assets (25) 28
Accounts payable 21,792 (6,661)
Accrued liabilities 3,508 4,425
Net cash flows from operating activities 15,371 8,646
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (12,651) (19,246)
Proceeds from sale of property, plant and equipment 117 1,303
Net cash flows from investing activities (12,534) (17,943)
FINANCING ACTIVITIES:    
Net borrowings under credit facility   15,000
Payments of cash dividends (6,149) (6,139)
Net proceeds from other long-term obligations 281 143
Proceeds from exercise of stock options 56  
Net cash flows from financing activities (5,812) 9,004
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND TEMPORARY INVESTMENTS (255) 2,677
NET CHANGE IN CASH AND TEMPORARY INVESTMENTS (3,230) 2,384
CASH AND TEMPORARY INVESTMENTS, beginning of period 21,895 31,115
CASH AND TEMPORARY INVESTMENTS, end of period 18,665 33,499
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash payments for interest 1,788 1,620
Cash payments for income taxes, net of refunds $ 6,136 $ 2,672