XML 48 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jul. 31, 2013
Jul. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 222 $ 512
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on sale of discontinued operations 286 0
Stock-based compensation expense 4 7
Depreciation and amortization 134 105
Provision for doubtful trade accounts receivable 23 46
Provision for obsolete inventory 40 119
Loss (gain) on disposal of fixed assets 3 (2)
Imputed interest expense on notes payable (306) 158
Other 0 (5)
Changes in net assets and liabilities, net of effects of business acquisition    
Trade accounts receivable (126) 759
Inventories (191) 136
Prepaid and other assets 174 (155)
Trade accounts payable 238 (601)
Accrued expenses and other (388) (77)
Net cash provided by operating activities 113 1,002
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (288) (232)
Net cash used in investing activities (288) (232)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of note payable (210) (168)
Proceeds from sale of treasury stock 1 0
Proceeds from employee stock purchase plan 0 18
Net cash used in financing activities (209) (150)
Net increase (decrease) in cash and cash equivalents (384) 620
Cash and cash equivalents, beginning of period 2,162 1,542
Cash and cash equivalents, end of period 1,778 2,162
Non cash investing and financing activity:    
Note payable for purchase of equipment 0 111
Receivable from sale of business 48 0
Supplemental cash flow information:    
Income taxes paid $ 12 $ 60