TRANSACT TECHNOLOGIES INCORPORATED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities:
Net income	$ 4,935	$ 3,621	$ 4,676
Adjustments to reconcile net income to net cash provided by operating activities:
Share-based compensation expense	521	520	587
Incremental tax benefits from stock options exercised	(132)	(57)	(498)
Depreciation and amortization	1,741	1,758	1,608
Deferred income tax provision (benefit)	46	(95)	519
Loss (gain) on sale of fixed assets	60	(13)	24
Foreign currency transaction losses (gains)	3	34	(6)
Changes in operating assets and liabilities:
Accounts receivable	2,685	(6,332)	1,977
Inventories	(3,189)	3,684	(568)
Prepaid income taxes	(367)	479	(446)
Other current and long term assets	20	(154)	2
Accounts payable	(1,674)	3,403	(5,427)
Accrued liabilities and other liabilities	(2,156)	1,182	(352)
Net cash provided by operating activities	2,493	8,030	2,096
Cash flows from investing activities:
Capital expenditures	(709)	(1,082)	(640)
Additions to capitalized software	(42)	(35)	(616)
Proceeds from sale of fixed assets	5	15	1
Acquisitions			(4,000)
Net cash used in investing activities	(746)	(1,102)	(5,255)
Cash flows from financing activities:
Proceeds from stock option exercises	1,045	172	959
Purchases of common stock for treasury	(5,194)	(5,938)	(2,680)
Payment of dividends on common stock	(2,317)	(526)
Incremental tax benefits from stock options exercised	132	57	498
Payment of deferred financing costs		(7)	(31)
Net cash used in financing activities	(6,334)	(6,242)	(1,254)
Effect of exchange rate changes on cash and cash equivalents	(14)	(12)	(9)
(Decrease) increase in cash and cash equivalents	(4,601)	674	(4,422)
Cash and cash equivalents, beginning of period	7,537	6,863	11,285
Cash and cash equivalents, end of period	2,936	7,537	6,863
Supplemental cash flow information:
Interest paid	51	51	51
Income taxes paid	2,585	912	2,545
Non-cash financing activities
Purchases of common stock for treasury at year end			$ (61)