XML 23 R9.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,886) $ (1,787)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 2,064 1,864
Provision for inventory losses 710 714
Provision for doubtful accounts 543 351
Loss on disposal of assets 4 1
Stock-based compensation expense 1,145 490
Deferred income taxes 1,167 2,143
Changes in operating assets and liabilities:    
Accounts receivable (376) (308)
Income tax receivable 616 686
Inventories (4,145) 2,379
Prepaid expenses and other current assets 407 1,540
Other assets (17) 477
Deferred commissions 1,431 (549)
Accounts payable 716 710
Accrued expenses and other liabilities (96) (315)
Taxes payable 251 1,226
Commissions and incentives payable 2,531 518
Deferred revenue (3,287) 184
Net cash (used in) provided by operating activities (222) 10,324
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (2,338) (1,340)
Proceeds from sale of assets 62 1
Net cash used in investing activities (2,276) (1,339)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from stock options exercised 114 83
Repurchase of common stock (7,543) (226)
Payment of cash dividends (3,086) (1,354)
Repayment of capital lease obligations (1,540) (1,567)
Net cash used in financing activities (12,055) (3,064)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash (1,624) 4,214
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (16,177) 10,135
Cash, cash equivalents and restricted cash at the end of the year 21,845 37,682
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Income taxes paid, net 800 1,694
Interest paid on capital leases 64 68
Accrued asset purchases 261 238
Assets acquired through financing arrangements 2,281 130
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 30,584 $ 46,761