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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 44,650 $ 48,748
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 13,933 14,364
Deferred income taxes (443) 153
Amortization of marketable security premiums 1,351 1,840
Changes in operating assets and liabilities:    
Accounts receivable (45,881) (51,270)
Other receivables (649) (4,265)
Inventories (8,333) (10,018)
Prepaid expenses and other assets 8,268 3,313
Accounts payable and accrued liabilities 10,932 8,249
Income taxes payable 15,821 8,706
Postretirement health care benefits (720) (677)
Deferred compensation and other liabilities 2,051 (723)
Net cash from operating activities 40,980 18,420
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (16,812) (11,699)
Purchases of trading securities (3,807) (3,387)
Sales of trading securities 817 3,544
Purchase of available for sale securities (65,098) (51,935)
Sale and maturity of available for sale securities 45,379 21,328
Net cash used in investing activities (39,521) (42,149)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Shares purchased and retired (16,650) (30,027)
Dividends paid in cash (17,208) (16,965)
Proceeds from bank loans 1,264 1,182
Repayment of bank loans (1,506) (1,345)
Net cash used in financing activities (34,100) (47,155)
Effect of exchange rate changes on cash 647 1,269
Decrease in cash and cash equivalents (31,994) (69,615)
Cash, cash equivalents, and restricted cash at beginning of year 96,720 119,527
Cash, cash equivalents, and restricted cash at end of quarter 64,726 49,912
Supplemental cash flow information:    
Income taxes paid/(received), net (2,811) 12,360
Interest paid 81 49
Stock dividend issued $ 60,538 $ 69,739