XML 41 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating activities    
Net income $ 538us-gaap_NetIncomeLoss $ 475us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided (used in) by operating activities:    
Inventories reserve 25us-gaap_InventoryWriteDown 0us-gaap_InventoryWriteDown
Deferred tax expense 205us-gaap_DeferredIncomeTaxExpenseBenefit 126us-gaap_DeferredIncomeTaxExpenseBenefit
Depreciation and amortization 218us-gaap_DepreciationAndAmortization 297us-gaap_DepreciationAndAmortization
Share-based compensation expense 7us-gaap_ShareBasedCompensation 12us-gaap_ShareBasedCompensation
Changes in operating assets and liabilities:    
Accounts receivable (2,481)us-gaap_IncreaseDecreaseInAccountsReceivable (2,695)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories 537us-gaap_IncreaseDecreaseInInventories 710us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets 241us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 368us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets 14us-gaap_IncreaseDecreaseInOtherOperatingAssets 10us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable 103us-gaap_IncreaseDecreaseInAccountsPayable 740us-gaap_IncreaseDecreaseInAccountsPayable
Accrued compensation and related taxes 39us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 143us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Accrued warranty expense 30RWC_AccuredWarrantyExpense 21RWC_AccuredWarrantyExpense
Deferred revenue (19)us-gaap_IncreaseDecreaseInDeferredRevenue (26)us-gaap_IncreaseDecreaseInDeferredRevenue
Accrued other expenses and other current liabilities (74)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities (45)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
Net cash (used in) provided by operating activities (617)us-gaap_NetCashProvidedByUsedInOperatingActivities 136us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities    
Purchases of property, plant and equipment (102)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (137)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (102)us-gaap_NetCashProvidedByUsedInInvestingActivities (137)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities    
Proceeds from issuance of common stock 41us-gaap_ProceedsFromIssuanceOfCommonStock 98us-gaap_ProceedsFromIssuanceOfCommonStock
Cash provided by financing activities 41us-gaap_NetCashProvidedByUsedInFinancingActivities 98us-gaap_NetCashProvidedByUsedInFinancingActivities
Net change in cash and cash equivalents (678)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 97us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 11,363us-gaap_CashAndCashEquivalentsAtCarryingValue 7,945us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 10,685us-gaap_CashAndCashEquivalentsAtCarryingValue 8,042us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure    
Cash paid for interest 0us-gaap_InterestPaid 0us-gaap_InterestPaid
Income tax paid 0us-gaap_IncomeTaxesPaid 0us-gaap_IncomeTaxesPaid
Non-cash financing activity    
Cashless exercise of stock options and related conversion of net shares to stockholders' equity $ 6us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $ 1us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions