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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 8,911 $ 8,101
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 4,666 4,578
Deferred income taxes 149 (415)
Amortization of marketable security premiums 353 456
Changes in operating assets and liabilities:    
Accounts receivable 5,927 5,858
Other receivables (267) (2,729)
Inventories (11,100) (12,845)
Prepaid expenses and other assets 983 4,052
Accounts payable and accrued liabilities (2,770) (501)
Income taxes payable 2,930 2,761
Postretirement health care benefits (150) (233)
Deferred compensation and other liabilities 924 584
Net cash from operating activities 10,556 9,667
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (4,683) (7,722)
Purchases of trading securities (2,360) (3,258)
Sales of trading securities 362 239
Purchase of available for sale securities (20,919) (34,061)
Sale and maturity of available for sale securities 5,379 11,670
Net cash used in investing activities (22,221) (33,132)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Shares purchased and retired (10,519) (12,498)
Dividends paid in cash (11,530) (11,282)
Proceeds from bank loans 941 641
Repayment of bank loans (544) (661)
Net cash used in financing activities (21,652) (23,800)
Effect of exchange rate changes on cash 80 829
Decrease in cash and cash equivalents (33,237) (46,436)
Cash, cash equivalents, and restricted cash at beginning of year 111,287 96,720
Cash, cash equivalents, and restricted cash at end of quarter 78,050 50,284
Supplemental cash flow information:    
Income taxes paid/(received), net (20) (206)
Interest paid 31 24
Stock dividend issued $ 70,557 $ 60,538