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CONSOLIDATED STATEMENTS OF Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 21,861 $ 20,930
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 9,338 10,069
Deferred income taxes 21 675
Amortization of marketable security premiums 1,216 1,503
Changes in operating assets and liabilities:    
Accounts receivable 12,535 21,748
Other receivables (4,522) 1,877
Inventories (36,460) (31,639)
Prepaid expenses and other assets 2,138 1,823
Accounts payable and accrued liabilities 1,820 (142)
Income taxes payable 79 (6,102)
Postretirement health care benefits (423) (615)
Deferred compensation and other liabilities 776 1,521
Net cash from operating activities 8,379 21,648
CASH FLOWS FROM INVESTING ACTIVITIES:    
Restricted cash (22) (2)
Capital expenditures (7,427) (10,389)
Purchases of trading securities (3,007) (2,774)
Sales of trading securities 435 613
Purchase of available for sale securities (40,622) (34,826)
Sale and maturity of available for sale securities 10,985 12,777
Net cash used in investing activities (39,658) (34,601)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Shares purchased and retired (20,140) (9,166)
Dividends paid in cash (11,282) (11,077)
Proceeds from bank loans 724 1,762
Repayment of bank loans (965) (1,764)
Net cash used in financing activities (31,663) (20,245)
Effect of exchange rate changes on cash 1,601 (997)
Decrease in cash and cash equivalents (61,341) (34,195)
Cash and cash equivalents at beginning of year 119,145 126,145
Cash and cash equivalents at end of year 57,804 91,950
Supplemental cash flow information:    
Income taxes paid 8,798 15,390
Interest paid 31 9
Stock dividend issued $ 69,739 $ 61,671