| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Net Income | 23,931,000 | 18,688,000 | 17,138,000 | | | Operating Activities, Cash Flows Provided By or Used In | | Depreciation | 9,528,000 | 8,708,000 | 7,506,000 | | Adjustments To Net Income | (1,919,000) | (1,807,000) | (194,000) | | Changes In Accounts Receivables | 5,869,000 | (82,000) | 17,000 | | Changes In Liabilities | (5,537,000) | (530,000) | 1,594,000 | | Changes In Inventories | (1,545,000) |
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| (536,000) | | Changes In Other Operating Activities | (695,000) |
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| (1,202,000) | | | Total Cash Flow From Operating Activities | 29,632,000 | 24,977,000 | 24,323,000 | | | Investing Activities, Cash Flows Provided By or Used In | | Capital Expenditures | (19,666,000) | (16,678,000) | (13,813,000) | | Investments | 1,094,000 | (593,000) | 605,000 | | Other Cashflows from Investing Activities | 1,491,000 | 3,338,000 | 989,000 | | | Total Cash Flows From Investing Activities | (17,081,000) | (13,933,000) | (12,219,000) | | | Financing Activities, Cash Flows Provided By or Used In | | Dividends Paid | (5,261,000) | (4,868,000) | (4,456,000) | | Sale Purchase of Stock | (6,821,000) | (6,389,000) | (4,491,000) | | Net Borrowings | 1,682,000 | (3,038,000) | (2,901,000) | | Other Cash Flows from Financing Activities |
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| | | Total Cash Flows From Financing Activities | (10,400,000) | (14,295,000) | (11,848,000) | | Effect Of Exchange Rate Changes | (166,000) | 120,000 | 194,000 | | | Change In Cash and Cash Equivalents | $1,985,000 | ($3,131,000) | $450,000 |
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