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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 20,455 $ 18,571
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 9,334 9,154
Deferred income taxes 393 (472)
Amortization of marketable security premiums 694 888
Changes in operating assets and liabilities:    
Accounts receivable 13,038 10,038
Other receivables (242) (1,308)
Inventories (37,692) (36,818)
Prepaid expenses and other assets 1,529 6,786
Accounts payable and accrued liabilities (167) 8
Income taxes payable 2,750 (814)
Postretirement health care benefits (602) (586)
Deferred compensation and other liabilities 1,531 948
Net cash from operating activities 11,021 6,395
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (9,945) (11,662)
Purchases of trading securities (2,641) (3,562)
Sales of trading securities 362 817
Purchase of available for sale securities (33,558) (49,742)
Sale and maturity of available for sale securities 12,120 27,057
Net cash used in investing activities (33,662) (37,092)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Shares purchased and retired (19,186) (15,803)
Dividends paid in cash (11,699) (11,435)
Proceeds from bank loans 1,911 1,264
Repayment of bank loans (1,594) (1,255)
Net cash used in financing activities (30,568) (27,229)
Effect of exchange rate changes on cash 164 (64)
Decrease in cash and cash equivalents (53,045) (57,990)
Cash, cash equivalents, and restricted cash at beginning of year 111,287 96,720
Cash, cash equivalents, and restricted cash at end of quarter 58,242 38,730
Supplemental cash flow information:    
Income taxes paid/(received), net 4,226 6,661
Interest paid 65 54
Stock dividend issued $ 70,557 $ 60,538