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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 9,698,000 $ 8,493,000
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation and amortization 2,834,000 2,842,000
Provision for bad debts - accounts receivable 232,000 141,000
Share-based compensation expense 1,285,000 1,338,000
Deferred income tax (benefit) provision (1,361,000) 130,000
Loss (gain) on disposals of property, plant and equipment 13,000 (91,000)
Accretion of acquisition-related contingent liability 92,000 96,000
Changes in assets and liabilities, net of acquisition of business:    
Accounts receivable - trade (7,335,000) (7,091,000)
Accounts receivable - other 1,047,000 530,000
Inventories (4,002,000) (5,958,000)
Prepaid expenses and other current assets (316,000) 608,000
Other assets (1,043,000) 14,000
Accounts payable 5,791,000 2,918,000
Other current liabilities (890,000) 91,000
Long-term pension liability (333,000) 68,000
Other long-term liabilities (100,000) (65,000)
Net cash provided from operating activities 5,612,000 4,064,000
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property, plant and equipment $ (4,118,000) (4,334,000)
Disposals of property, plant and equipment 128,000
Net cash used in investing activities $ (4,118,000) (4,206,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 44,460,000 46,197,000
Repayment of long-term debt (45,365,000) (47,322,000)
Payment of cash dividends (3,128,000) $ (2,675,000)
Payment of contingent liability (1,200,000)
Proceeds received on exercise of stock options and SARS 1,501,000 $ 1,461,000
Excess tax benefit from exercise of stock options 726,000 188,000
Net cash used in financing activities (3,006,000) (2,151,000)
Net decrease in cash and cash equivalents (1,512,000) (2,293,000)
Cash and cash equivalents balance, beginning of year 4,586,000 5,316,000
Cash and cash equivalents balance, end of period $ 3,074,000 $ 3,023,000