Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (unaudited)

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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Cash flows from operating activities:    
Net income $ 11,385 $ 9,575
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,074 1,796
(Gain)Loss on disposal of assets 44 (2)
Provision for deferred income taxes 4 3
Allowance for doubtful accounts (17) 3
Stock-based compensation expense 936 691
(Increase) decrease in, net of assets acquired:    
Accounts receivable (6,626) (4,535)
Inventories (612) 49
Income taxes receivable 954 728
Other current assets (1,206) (1,075)
Other assets 111 136
Increase (decrease) in, net of liabilities assumed:    
Accounts payable 2,015 557
Accrued expenses and other liabilities 731 (156)
Income taxes payable 293 3,430
Other noncurrent liabilities (2) 2
Net cash provided by operating activities 10,084 11,202
Cash flows from investing activities:    
Capital expenditures (1,959) (3,365)
Purchases of short-term investments (11,066) (6,997)
Proceeds from sale of short-term investments 7,833 8,809
Net cash used in investing activities (5,192) (1,553)
Cash flows from financing activities:    
Proceeds from stock issued 185 267
Dividends to shareholders (4,750) (2,351)
Change in restricted cash 3 14
Net cash used in financing activities (4,562) (2,070)
Effect of exchange rate changes on cash and cash equivalents (168) (1,482)
Net increase (decrease) in cash and cash equivalents 162 6,097
Cash and cash equivalents, beginning of period 54,912 34,478
Cash and cash equivalents, end of period 55,074 40,575
Cash paid:    
Income taxes 4,311 418
Supplemental disclosure of noncash transactions:    
Common stock issued for shared distribution through accrued expenses and other liabilities 2,982 3,247
Common stock issued for deferred director’s compensation through other noncurrent liabilities $ 0 $ 294