|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$16.5m
|
$16.5m
|
$20.5m
|
$20.9m
|
($8.5m)
|
$20.6m
|
$29.5m
|
$30.2m
|
$30.3m
|
$23.1m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
$17.0m
|
$16.7m
|
$20.0m
|
$20.9m
|
($8.5m)
|
$20.6m
|
$29.5m
|
$30.2m
|
$30.3m
|
$23.1m
|
|
Net Income (Loss) Attributable to Noncontrolling Interest
|
|
$521k
|
$208k
|
($525k)
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Depreciation and amortization
|
|
$3.7m
|
$4.0m
|
$3.7m
|
$3.3m
|
$2.9m
|
$2.5m
|
$2.5m
|
$2.6m
|
$2.5m
|
$2.9m
|
|
Amortization
|
|
$387k
|
$349k
|
$318k
|
$194k
|
$316k
|
$307k
|
$282k
|
$271k
|
$264k
|
$262k
|
|
Amortization of Intangible Assets
|
|
$240k
|
$233k
|
$234k
|
$233k
|
$233k
|
$233k
|
$233k
|
$200k
|
$200k
|
$200k
|
|
Depreciation
|
|
$3.7m
|
$4.0m
|
$3.7m
|
$3.3m
|
$2.9m
|
$2.5m
|
$2.5m
|
$2.6m
|
$2.5m
|
$2.6m
|
|
Deferred Income Tax Expense (Benefit)
|
|
($2.6m)
|
$2.2m
|
$643k
|
($869k)
|
$2.8m
|
$910k
|
$1.3m
|
$2.5m
|
$1.1m
|
$327k
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$1.6m
|
$1.6m
|
$1.5m
|
$1.5m
|
$1.4m
|
$1.6m
|
$1.5m
|
$1.4m
|
$1.4m
|
$1.7m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
—
|
$154k
|
$699k
|
$5k
|
$0
|
$0
|
$12k
|
$186k
|
$419k
|
$231k
|
|
Share-based Payment Arrangement, Expense
|
|
$1.6m
|
$1.6m
|
$1.5m
|
$1.5m
|
$1.4m
|
$1.6m
|
$1.5m
|
—
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
—
|
—
|
$0
|
—
|
—
|
—
|
—
|
—
|
|
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)
|
|
$1.8m
|
$0
|
$110k
|
$0
|
$0
|
$0
|
$1.1m
|
$450k
|
$300k
|
—
|
|
Operating Lease, Impairment Loss
|
|
—
|
—
|
—
|
—
|
$1.2m
|
—
|
—
|
—
|
—
|
—
|
|
Gain (Loss) on Disposition of Property Plant Equipment
|
|
($6.0m)
|
($1.6m)
|
($1.4m)
|
($330k)
|
($111k)
|
($44k)
|
($117k)
|
($59k)
|
($36k)
|
($67k)
|
|
Income Tax Expense (Benefit)
|
|
$5.1m
|
$7.2m
|
$5.8m
|
$6.2m
|
$1.4m
|
$6.8m
|
$10.2m
|
$10.7m
|
$9.5m
|
$9.0m
|
|
Interest Expense Nonoperating
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$15k
|
$2k
|
|
Other Nonoperating Income (Expense)
|
|
$514k
|
($248k)
|
($638k)
|
($535k)
|
$96k
|
$1.1m
|
($277k)
|
($738k)
|
($444k)
|
($105k)
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
($3.2m)
|
($637k)
|
$2.4m
|
$138k
|
($11.4m)
|
$18.7m
|
$282k
|
($13.5m)
|
($1.8m)
|
$1.5m
|
|
Increase (Decrease) in Inventories
|
|
($27.3m)
|
($9.6m)
|
$12.4m
|
$14.0m
|
($27.5m)
|
$11.3m
|
$57.0m
|
($53.0m)
|
($821k)
|
($8.1m)
|
|
Increase (Decrease) in Accounts Payable
|
|
($1.4m)
|
($2.8m)
|
$3.9m
|
($315k)
|
($4.1m)
|
$10.8m
|
($4.3m)
|
($6.1m)
|
($419k)
|
$2.9m
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
$513k
|
$146k
|
($459k)
|
$13k
|
($98k)
|
$233k
|
($43k)
|
($99k)
|
$12k
|
($13k)
|
|
Goodwill
|
|
$11.1m
|
$11.1m
|
$11.1m
|
$11.1m
|
$11.1m
|
$12.3m
|
$12.3m
|
$12.3m
|
$12.3m
|
$12.3m
|
|
Investment Income, Interest
|
|
$763k
|
$773k
|
$981k
|
$823k
|
$527k
|
$641k
|
$361k
|
$1.1m
|
$3.7m
|
$3.0m
|
|
Pension Cost (Reversal of Cost)
|
|
$3.2m
|
$995k
|
$696k
|
$1.0m
|
$397k
|
($26k)
|
$178k
|
$1.3m
|
$962k
|
$291k
|
|
Proceeds from Stock Options Exercised
|
|
$3.0m
|
$4.3m
|
$4.4m
|
$161k
|
$0
|
$2k
|
$293k
|
$103k
|
$51k
|
$5k
|
|
Unrealized Gain (Loss) on Investments
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$46.9m
|
$33.5m
|
$13.1m
|
$9.4m
|
$40.0m
|
$6.4m
|
($29.9m)
|
$98.6m
|
$37.7m
|
$37.3m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$6.0m
|
$1.6m
|
$1.4m
|
$7.4m
|
$3.4m
|
$1.0m
|
$2.3m
|
$3.3m
|
$1.4m
|
$1.8m
|
|
Payments to Acquire Investments
|
|
—
|
—
|
—
|
—
|
$0
|
$35.0m
|
$0
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($6.7m)
|
$235k
|
$1.8m
|
($8.9m)
|
$3.2m
|
($7.0m)
|
$7.4m
|
($1.2m)
|
($1.2m)
|
($242k)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments for Repurchase of Common Stock
|
|
$11.0m
|
$15.2m
|
$11.4m
|
$5.6m
|
$2.1m
|
$2.5m
|
$4.2m
|
$4.3m
|
$586k
|
$5.3m
|
|
Payments of Ordinary Dividends, Common Stock
|
|
$8.7m
|
$8.9m
|
$9.2m
|
$9.4m
|
$11.8m
|
$9.3m
|
$7.0m
|
$9.3m
|
$9.7m
|
$7.7m
|
|
Proceeds from (Payments to) Noncontrolling Interests
|
|
—
|
—
|
—
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Dividends Payable, Current
|
|
$2.2m
|
$2.2m
|
$2.3m
|
$2.4m
|
$0
|
—
|
$2.3m
|
$2.4m
|
$21.6m
|
$21.4m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($44.5m)
|
($24.4m)
|
($14.9m)
|
($13.7m)
|
($20.9m)
|
($11.9m)
|
$20.3m
|
($45.3m)
|
($32.2m)
|
($13.2m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
$43k
|
$400k
|
($445k)
|
($13.2m)
|
$22.7m
|
($12.8m)
|
($2.8m)
|
$52.4m
|
$1.7m
|
$25.0m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
$9.8m
|
$32.5m
|
$19.7m
|
$16.9m
|
$69.3m
|
$71.0m
|
$96.0m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$436k
|
$15k
|
$45k
|
$244k
|
$72k
|
$80k
|
$710k
|
$977k
|
$15k
|
$2k
|
|
Income Taxes Paid, Net
|
|
$8.5m
|
$4.9m
|
$3.7m
|
$7.6m
|
$914k
|
$5.8m
|
$9.4m
|
$7.1m
|
$9.4m
|
$6.9m
|