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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income $ 650 $ 2,597
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Inventories allowances 21 99
Deferred tax expense 353 972
Depreciation and amortization 727 718
Share-based and stock compensation expense 34 42
Restricted stock unit compensation expense 41 0
Realized tax benefit from stock option exercise 0 393
Gain on available-for-sale securities (1,287) 0
Loss on disposal of property, plant and equipment 94 0
Changes in operating assets and liabilities:    
Trade accounts receivable (3,584) (2,115)
Inventories (1,257) 2,899
Prepaid expenses and other current assets 567 1,260
Other assets (12) (7)
Accounts payable 3,803 526
Accrued compensation and related taxes (943) 803
Accrued warranty expense 545 48
Deferred revenue 52 36
Customer deposits 0 2
Accrued other expenses and other current liabilities (49) 33
Net cash (used in) provided by operating activities (245) 8,306
Investing activities    
Purchases of property, plant and equipment (572) (1,348)
Investment in securities 0 (481)
Proceeds from sale of available-for-sale securities 1,819 0
Net cash provided by (used in) investing activities 1,247 (1,829)
Financing activities    
Proceeds from issuance of common stock 183 30
Cash dividends declared and paid (2,752) (2,472)
Repurchase of common stock (405) (83)
Cash provided by financing activities (2,974) (2,525)
Net change in cash and cash equivalents (1,972) 3,952
Cash and cash equivalents, beginning of period 10,910 4,669
Cash and cash equivalents, end of period 8,938 8,621
Supplemental disclosure    
Cash paid for interest 0 0
Income tax paid 0 3
Non-cash financing activity    
Cashless exercise of stock options and related conversion of net shares to stockholders' equity $ 27 $ 4