XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 4,707 $ 5,305
Adjustments to reconcile net income to net cash (used) provided by operating activities:    
Depreciation 1,253 1,097
Amortization 874 693
Stock compensation expense 552 306
Changes in operating assets and liabilities:    
Accounts receivable (10,866) (5,145)
Inventories 1,382 (2,134)
Prepaid expenses and other assets (147) 219
Accounts payable 1,079 21
Other accrued liabilities (30) 1,223
Total adjustments (5,903) (3,720)
Net cash (used) provided by operating activities (1,196) 1,585
Cash flows from investing activities:    
Purchase of property, plant, and equipment (2,401) (1,320)
Purchase of patents and trademarks   (29)
Acquisition of businesses (7,233) (6,971)
Net cash used by investing activities (9,634) (8,320)
Cash flows from financing activities:    
Net borrowings of long-term debt 13,033 13,793
Cash settlement of stock options (760) (1,700)
Proceeds from issuance of common stock 649 390
Distributions to stockholders (1,037) (1,000)
Purchase of treasury stock   (907)
Net cash provided by financing activities 11,885 10,576
Effect of exchange rate changes on cash and cash equivalents 55 5
Net decrease in cash and cash equivalents 1,110 3,846
Cash and cash equivalents at beginning of period 5,911 2,426
Cash and cash equivalents at end of period 7,021 6,272
Supplemental cash flow information:    
Cash paid for income taxes 728 839
Cash paid for interest $ 908 $ 610