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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ (992) $ 746
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 187 173
Depreciation and amortization 238 252
Deferred income tax (benefit) provision (518) (35)
Foreign currency transaction losses 194 (66)
Changes in operating assets and liabilities:    
Accounts receivable 106 1,210
Inventories (573) (1,484)
Prepaid income taxes 51 147
Other current and long term assets (266) (437)
Accounts payable (1,243) (1,254)
Accrued liabilities and other liabilities (755) (806)
Net cash provided by operating activities (3,571) (1,554)
Cash flows from investing activities:    
Capital expenditures (328) (298)
Additions to capitalized software 0 (4)
Issuance of note receivable (600) 0
Net cash used in investing activities (928) (302)
Cash flows from financing activities:    
Revolving credit line borrowings 1,000 0
Revolving credit line payments (206) 0
Payment of dividends on common stock 0 (668)
Proceeds from stock option exercises 353 0
Payments of Loan Costs (201) 0
Withholding taxes paid on stock issuances (41) (199)
Net cash used in financing activities 905 (867)
Effect of exchange rate changes on cash and cash equivalents 6 (24)
(Decrease) increase in cash and cash equivalents (3,588) (2,747)
Cash and cash equivalents, beginning of period 4,203 4,691
Cash and cash equivalents, end of period 615 1,944
Supplemental schedule of non-cash investing activities:    
Non-cash capital expenditure items $ 38 $ 59