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TRANSACT TECHNOLOGIES INCORPORATED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 1,739 $ 4,106
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 402 445
Incremental tax benefits from stock options exercised (42) (439)
Depreciation and amortization 1,314 1,177
(Gain) loss on disposal of fixed assets (12) 24
Foreign currency transaction loss (gain) 31 (2)
Changes in operating assets and liabilities:    
Accounts receivable (228) 1,292
Inventories 3,397 (1,108)
Prepaid income taxes 17  
Other current and long term assets (433) (327)
Accounts payable 909 (3,055)
Accrued liabilities and other liabilities 690 380
Net cash provided by operating activities 7,784 2,493
Cash flows from investing activities:    
Capital expenditures (675) (472)
Additions to capitalized software (23) (568)
Acquisitions   (4,000)
Proceeds from sale of assets 14 1
Net cash used in investing activities (684) (5,039)
Cash flows from financing activities:    
Proceeds from stock option exercises 145 863
Purchases of common stock for treasury (5,563) (2,075)
Incremental tax benefits from stock options exercised 42 439
Payment of deferred financing costs   (18)
Net cash used in financing activities (5,376) (791)
Effect of exchange rate changes on cash and cash equivalents (10) (14)
Change in cash and cash equivalents 1,714 (3,351)
Cash and cash equivalents, beginning of period 6,863 11,285
Cash and cash equivalents, end of period $ 8,577 $ 7,934