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CONSOLIDATED STATEMENTS OF CASH FLOWS - (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 7,253 $ 5,534
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,360 1,525
Operating Right Of Use Lease Liabilities Net 1,745 1,746
Provision for inventory losses (121) 418
Provision for doubtful accounts 121 116
Gain (Loss) on Disposition of Assets (37) 1
Charge related to stock-based compensation 252 328
Deferred income taxes 140 (82)
Changes in operating assets and liabilities:    
Accounts receivable (77) 695
Income tax receivable 681 (605)
Inventories (905) (3,778)
Prepaid expenses and other current assets 33 (359)
Deferred commissions 46 29
Other assets 488 (1,097)
Accounts payable (66) 1,237
Accrued expenses 634 (2,015)
Increase (Decrease) in Other Operating Liabilities (1,651) 0
Taxes payable 767 (1,107)
Commissions and incentives payable (228) 79
Deferred revenue 337 618
Net cash provided by operating activities 10,846 3,281
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (513) (759)
Proceeds from Sale of Productive Assets 0 (8)
Net cash used in investing activities (513) (767)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of common stock (5,052) (5,550)
Payment of cash dividends (1,048) (936)
Repayment of notes payable and finance lease obligations (323) (373)
Net cash used in financing activities (6,109) (6,859)
Effect of currency exchange rate changes on cash and cash equivalents (2,518) (429)
Net increase (decrease) in cash, cash equivalents, and restricted cash 1,706 (4,774)
Cash, cash equivalents, and restricted cash at the beginning of the period 27,497 31,000
Cash, cash equivalents, and restricted cash at the end of the period 29,203 26,226
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 70 2,769
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability 0 47
Interest Paid, Excluding Capitalized Interest, Operating Activities 30 56
Income Taxes Paid, Net $ 124 $ 969