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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 46,018 $ 43,029 $ 51,450
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 17,637 17,295 17,595
Amortization of deferred financing cost 635 699 893
Increase (decrease) to allowance for doubtful accounts 3,371 (497) 641
Increase to inventory reserves 1,864 3,553 4,636
Amortization of deferred gain on sale of buildings (1,048) (1,048) (1,048)
Equity (income) loss from joint ventures (976) 822 285
Employee Stock Ownership Plan allocation 2,208 1,826 4,376
Stock-based compensation 5,379 4,843 3,668
Excess tax benefits related to the exercise of employee stock grants (1,254) (1,269) (1,264)
(Increase) decrease in deferred income taxes (1,494) (4,959) (527)
Decrease in unrecognized tax benefit 0 (350) 0
Increase (decrease) in tax valuation allowance 87 (342) (480)
Loss on discontinued operations, net of tax 2,102 9,870 1,593
Change in assets and liabilities:      
(Increase) decrease in accounts receivable (1,996) 1,755 (27,278)
Increase in inventories (12,503) (6,712) (6,094)
(Increase) decrease in prepaid expenses and other current assets 367 (959) (4,048)
Increase (decrease) in accounts payable 1,882 (4,329) 12,497
Increase (decrease) in sundry payables and accrued expenses 1,874 (7,697) 8,673
Net changes in other assets and liabilities 1,018 (8,543) (7,952)
Net cash provided by operating activities 65,171 46,987 57,616
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisitions of and investments in businesses 0 (37,726) (12,760)
Capital expenditures (18,047) (13,904) (11,410)
Other investing activities 36 430 (592)
Net cash used in investing activities (18,011) (51,200) (24,762)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net borrowings (repayments) under line-of-credit agreements (9,131) 35,152 (19,046)
Net borrowings (payments) of long-term debt and capital lease obligations (170) 182 (120)
Purchase of treasury stock (19,623) (10,000) (6,864)
Increase (decrease) in overdraft balances 851 522 (3,312)
Payments of debt issuance costs (748) 0 (1,261)
Proceeds from exercise of employee stock options 109 96 151
Excess tax benefits related to the exercise of employee stock grants 1,254 1,269 1,264
Dividends paid (13,697) (11,905) (10,107)
Net cash provided by (used in) financing activities (41,155) 15,316 (39,295)
Effect of exchange rate changes on cash (933) (2,934) (1,074)
Net increase (decrease) in cash and cash equivalents 5,072 8,169 (7,515)
CASH AND CASH EQUIVALENTS at beginning of year 13,728 5,559 13,074
CASH AND CASH EQUIVALENTS at end of year 18,800 13,728 5,559
Cash paid during the year for:      
Interest 901 882 1,050
Income taxes $ 27,513 $ 27,562 $ 33,489