Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows (USD $)
In Thousands
 6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Cash flows from operating activities:    
Net income $ 20,207 $ 9,423
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,368 3,460
Loss on disposal of assets 69 21
Provision for deferred income taxes 6 (18)
Allowance for doubtful accounts 1 (13)
Stock-based compensation expense 829 540
Stock options income tax benefit   (29)
(Increase) decrease in:    
Accounts receivable (6,954) (6,634)
Inventories (1,276) (1,501)
Income taxes receivable 671 1,485
Other current assets (352) (936)
Other assets (318) 549
Increase (decrease) in:    
Accounts payable 1,827 2,301
Accrued expenses and other liabilities 3,526 752
Income taxes payable   203
Other noncurrent liabilities 365 (37)
Net cash provided by operating activities 21,969 9,566
Cash flows from investing activities:    
Proceeds from sale of joint venture 1,451  
Capital expenditures (2,811) (1,325)
Proceeds from dispositions 30  
Purchases of marketable securities (5,500) (11,126)
Proceeds from sale of marketable securities 4,190 5,390
Net cash used in investing activities (2,640) (7,061)
Cash flows from financing activities:    
Proceeds from exercise of stock options 61 39
Proceeds from stock issued 281 176
Dividends to shareholders (4,952) (3,051)
Stock options income tax benefit   29
Net cash used in financing activities (4,610) (2,807)
Effect of exchange rate changes on cash and cash equivalents 1,803 (2,160)
Net increase (decrease) in cash and cash equivalents 16,522 (2,462)
Cash and cash equivalents, beginning of period 33,337 30,446
Cash and cash equivalents, end of period 49,859 27,984
Supplemental disclosure of cash flow information:    
Income taxes 9,104 3,406
Supplemental disclosure of noncash transactions:    
Common stock issued for shared distribution through accrued expenses and other liabilities $ 2,412