XML 20 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities:    
Net income $ 2,320 $ 1,863
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation 421 396
Amortization 98 85
Stock compensation expense 233 209
Changes in operating assets and liabilities:    
Accounts receivable (10,934) (10,413)
Inventories (1,914) 248
Prepaid expenses and other assets (473) 153
Accounts payable 5,048 2,119
Other accrued liabilities 1,644 1,636
Total adjustments (5,877) (5,567)
Net cash used by operating activities (3,557) (3,704)
Investing Activities:    
Purchase of property, plant, and equipment (233) (296)
Purchase of patents and trademarks (52) (50)
Net cash used by investing activities (1,759) (3,473)
Financing Activities:    
Borrowing of long-term debt 5,436 5,079
Proceeds from issuance of common stock 21 146
Distributions to stockholders (437) (370)
Purchase of treasury stock (370) (97)
Net cash provided by financing activities 4,650 4,758
Effect of exchange rate changes (46) 52
Net change in cash and cash equivalents (712) (2,367)
Cash and cash equivalents at beginning of period 7,853 6,601
Cash and cash equivalents at end of period 7,141 4,234
The C-Thru Ruler Company
   
Investing Activities:    
Acquisition of business (1,474)  
Pac-Kit
   
Investing Activities:    
Acquisition of business   $ (3,127)