Component: (Network and Table)
Network
00500 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.ao-inc.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001158114 (http://www.sec.gov/CIK)
Statement of Cash Flows [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
Statement of Cash Flows [Abstract]
 
 
 
Operating activities:
 
 
 
Net income
31,234,000  
10,793,000  
4,283,000  
Net Income (Loss) Available to Common Stockholders, Basic
31,234,000  
10,793,000  
4,283,000  
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
 
 
 
Lowerof Cost or Market Adjustment
3,707,000  
2,832,000  
941,000  
Depreciation and amortization
14,188,000  
9,424,000  
6,169,000  
Deferred income taxes, net
11,426,000  
  
Loss on disposal of assets
126,000  
78,000  
12,000  
Share-based compensation
3,833,000  
2,120,000  
2,061,000  
Unrealized foreign exchange loss (gain)
(937,000) 
2,462,000  
1,288,000  
Changes in operating assets and liabilities:
 
 
 
Accounts receivable, trade
(11,147,000) 
(7,531,000) 
(9,703,000) 
Notes receivable
 
977,000  
(977,000) 
Inventories
10,207,000  
(37,502,000) 
(16,105,000) 
Other current assets
4,119,000  
(2,624,000) 
(745,000) 
Accounts payable
9,105,000  
(1,258,000) 
18,947,000  
Accrued liabilities
4,095,000  
5,017,000  
2,359,000  
Net cash provided by (used in) operating activities
57,104,000  
 
(15,212,000) 
 
8,530,000  
 
Investing activities:
 
 
 
Purchase of short-term investments
 
(175,000) 
(246,000) 
Maturities of short-term investments
7,752,000  
  
Change in restricted cash for construction in progress
(8,000) 
  
Purchase of property, plant and equipment
(49,442,000) 
(57,080,000) 
(41,129,000) 
Proceeds from disposal of equipment
14,000  
351,000  
47,000  
Deposits and deferred charges
688,000  
(4,238,000) 
(720,000) 
Purchase of intangible assets
(547,000) 
(478,000) 
(3,340,000) 
Net cash used in investing activities
(41,543,000) 
 
(61,620,000) 
 
(45,388,000) 
 
Financing activities:
 
 
 
Proceeds from issuance notes payable and long-term debt
28,858,000  
16,944,000  
8,150,000  
Principal payments of long-term debt and notes payable
(5,855,000) 
(2,413,000) 
(8,076,000) 
Proceeds from line of credit borrowings
117,172,000  
144,386,000  
53,658,000  
Repayments of line of credit borrowings
(163,068,000) 
(121,386,000) 
(50,733,000) 
Proceeds from bank acceptance payable
5,850,000  
8,257,000  
5,925,000  
Repayments of bank acceptance payable
(8,398,000) 
(6,361,000) 
(6,986,000) 
Repayments of notes payable
(1,000,000) 
(1,000,000) 
(1,000,000) 
Decrease (increase) in restricted cash
2,987,000  
(4,419,000) 
266,000  
Exercise of stock options
859,000  
452,000  
365,000  
Proceeds from common stock offering, net
27,237,000  
38,648,000  
45,681,000  
Other
 
6,000  
 
Net cash provided by financing activities
4,642,000  
 
73,114,000  
 
47,250,000  
 
Effect of exchange rate changes on cash
1,947,000  
(383,000) 
(223,000) 
Net increase (decrease) in cash
22,150,000  
 
(4,101,000) 
 
10,169,000  
 
Cash and cash equivalents at beginning of period
28,074,000  
32,175,000  
22,006,000  
Cash and cash equivalents at end of period
50,224,000  
 
28,074,000  
 
32,175,000  
 
Supplemental disclosure of cash flow information:
 
 
 
Cash paid for (received from):
 
 
 
Interest
1,689,000  
1,070,000  
329,000  
Income taxes
(12,000) 
650,000  
148,000  
Non-cash investing and financing activities:
 
 
 
Purchase of intangible assets with notes payable
  
3,000,000