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CONSOLIDATED STATEMENTS OF Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 67,319 $ 66,127 $ 62,860
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 19,627 20,388 20,758
Deferred income taxes 199 255 (946)
Net loss on step acquisition     529
Amortization of marketable security premiums 2,830 3,105 3,261
Changes in operating assets and liabilities:      
Accounts receivable 6,869 (8,929) (2,007)
Other receivables 473 1,119 1,289
Inventories 4,183 7,530 (7,329)
Prepaid expenses and other assets 2,999 11,593 9,524
Accounts payable and accrued liabilities (2,061) 3,839 (1,268)
Income taxes payable (5,797) (115) (78)
Postretirement health care benefits (1,216) (903) (1,289)
Deferred compensation and other liabilities 3,125 (12,936) 3,465
Net cash provided by operating activities 98,550 91,073 88,769
CASH FLOWS FROM INVESTING ACTIVITIES:      
Net cash acquired in step acquisition     161
Change in restricted cash   1,149 224
Capital expenditures (16,090) (15,534) (10,704)
Purchases of trading securities (4,569) (4,095) (4,294)
Sales of trading securities 1,433 16,644 727
Purchase of available for sale securities (81,835) (61,951) (54,882)
Sale and maturity of available for sale securities 49,177 55,264 38,309
Net cash used in investing activities (51,884) (8,523) (30,459)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Shares purchased and retired (29,093) (33,004) (25,020)
Dividends paid in cash (22,266) (20,775) (19,241)
Proceeds from bank loans 2,760    
Repayment of bank loans (2,788) (133) (403)
Net cash used in financing activities (51,387) (53,912) (44,664)
Effect of exchange rate changes on cash (2,279) (2,601) (1,821)
Increase (decrease) in cash and cash equivalents (7,000) 26,037 11,825
Cash and cash equivalents at beginning of year 126,145 100,108 88,283
Cash and cash equivalents at end of year 119,145 126,145 100,108
Supplemental cash flow information:      
Income taxes paid 36,365 24,940 26,599
Interest paid 34 17 34
Stock dividend issued $ 61,671 $ 57,220 $ 52,165