Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 25,380 $ 17,601 $ (1,233)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Write-off of cumulative translation adjustments     7,364
Provision for doubtful accounts 45 (133) 213
Depreciation and amortization 4,078 4,362 4,254
Tax benefit from stock option exercise (378)    
Share-based compensation expense 2,878 3,478 437
Loss on sale of property and equipment 85 224 138
Deferred income taxes 4,270 (5,073) 2,128
Loss on restricted cash     747
Amortization of bond discount 9 9 22
Purchase of trading investment securities (92) (102) (177)
Proceeds from sale of trading investment securities 354 438 313
Realized and unrealized gains (90) (44) (165)
Amortization of prepaid taxes related to gain on intercompany sales     1,353
Foreign exchange gains (290) (466) (3,005)
Changes in assets and liabilities:      
Accounts receivable 266 (3,742) 2,181
Inventories (1,466) (5,566) 4,732
Prepaid expenses and other (1,155) 1,032 (238)
Other assets (193) 2,986 (80)
Accounts payable 77 1,316 588
Accrued volume incentives (1,279) 805 1,163
Accrued current and other long-term liabilities (1,289) (6,152) 619
Deferred revenue 1,708 (782) (1,128)
Income taxes payable (6,259) 5,009 (3,679)
Liability related to unrecognized tax positions 145 (10,943) (423)
Deferred compensation payable (153) (349) 26
Net cash provided by operating activities 26,651 3,908 16,150
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (6,629) (2,419) (2,595)
Purchases of investments available for sale (174) (6,968) (3,439)
Proceeds from sale/maturities of investments available for sale 3,789 7,697 125
Proceeds from sale of property, plant and equipment 25 11  
Net cash used in investing activities (2,989) (1,679) (5,909)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments of cash dividends (2,349)    
Proceeds from issuance of long-term debt   10,000  
Principal payments of long-term debt (3,570) (810)  
Tax benefit from stock option exercise 378    
Proceeds from exercise of stock options 2,408 398 132
Net cash provided by (used in) financing activities (3,133) 9,588 132
Effect of exchange rates on cash and cash equivalents (257) (452) 1,693
Net increase in cash and cash equivalents 20,272 11,365 12,066
Cash and cash equivalents at beginning of the year 58,969 47,604 35,538
Cash and cash equivalents at end of the year 79,241 58,969 47,604
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 12,960 6,570 5,627
Cash paid for interest 128 36  
Supplemental disclosure of noncash investing and financing activities:      
Purchases of property, plant and equipment included in accounts payable $ 169 $ 19 $ 196