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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 516 $ 5,426 $ 3,211
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation expense 692 629 609
Depreciation and amortization 1,371 997 1,081
Deferred income tax (benefit) provision (294) (107) 1,117
Provision for doubtful accounts 16 105 50
Foreign currency transaction losses 18 199 11
Changes in operating assets and liabilities:      
Accounts receivable 1,589 2,688 (405)
Inventories 796 (4,049) 834
Prepaid income taxes 577 (100) (518)
Other current and long term assets (333) (161) (137)
Accounts payable (517) (332) (988)
Accrued liabilities and other liabilities 415 (186) 1,053
Net cash provided by operating activities 4,846 5,109 5,918
Cash flows from investing activities:      
Capital expenditures (1,062) (1,007) (835)
Additions to capitalized software (304) (466) (150)
Issuance of note receivable (1,000) 0 0
Net cash used in investing activities (2,366) (1,473) (985)
Cash flows from financing activities:      
Proceeds from stock option exercises 0 416 1,043
Purchases of common stock for treasury 0 (2,000) (358)
Payment of dividends on common stock (2,683) (2,667) (2,581)
Withholding taxes paid on stock issuances (214) (265) (23)
Net cash used in financing activities (2,897) (4,516) (1,919)
Effect of exchange rate changes on cash and cash equivalents (71) 64 (10)
(Decrease) increase in cash and cash equivalents (488) (816) 3,004
Cash and cash equivalents, beginning of period 4,691 5,507 2,503
Cash and cash equivalents, end of period 4,203 4,691 5,507
Supplemental cash flow information:      
Interest paid 30 25 30
Income taxes paid 65 1,249 2,991
Non-cash capital expenditure items $ 17 $ 21 $ 44