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TRANSACT TECHNOLOGIES INCORPORATED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 1,716 $ 3,267
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 284 299
Incremental tax benefits from stock options exercised (42) (326)
Depreciation and amortization 885 756
Loss on disposal of fixed assets 2 24
Foreign currency transaction losses (gains) 8 (18)
Changes in operating assets and liabilities:    
Accounts receivable (2,072) 464
Inventories 2,500 117
Prepaid income taxes 161  
Other current and long term assets (204) (106)
Accounts payable 1,853 (3,158)
Accrued liabilities and other liabilities 580 44
Net cash provided by operating activities 5,671 1,363
Cash flows from investing activities:    
Capital expenditures (339) (262)
Additions to capitalized software (10) (569)
Proceeds from sale of assets   1
Net cash used in investing activities (349) (830)
Cash flows from financing activities:    
Proceeds from stock option exercises 145 657
Purchases of common stock for treasury (5,151) (1,843)
Incremental tax benefits from stock options exercised 42 326
Payment of deferred financing costs   (6)
Net cash used in financing activities (4,964) (866)
Effect of exchange rate changes on cash and cash equivalents (9) (4)
Change in cash and cash equivalents 349 (337)
Cash and cash equivalents, beginning of period 6,863 11,285
Cash and cash equivalents, end of period $ 7,212 $ 10,948