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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net loss $ (192) $ (19)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Deferred income taxes (204) 11
Depreciation of property and equipment 151 127
Stock-based compensation 83 99
Amortization of intangible assets 133 160
Change in fair value of contingent consideration   4
Gain on sale of discontinued operation, net of tax (52) (49)
Changes in operating assets and liabilities, net of effects of discontinued operation:    
Accounts receivable (447) (89)
Net costs and estimated earnings in excess of billings 95 954
Inventories 36 601
Prepaid expenses and other assets (437) (239)
Accounts payable and accrued expenses (1,173) (70)
Net cash (used in) provided by operating activities (2,007) 1,490
Cash flows from investing activities    
Purchases of property and equipment (323) (115)
Net proceeds from sale of business segment   98
Net cash used in investing activities (323) (17)
Cash flows from financing activities    
Repurchases of common stock (735) (350)
Net cash used in financing activities (735) (350)
(Decrease) increase in cash and cash equivalents (3,065) 1,123
Cash and cash equivalents at beginning of period 21,961 20,414
Cash and cash equivalents at end of period $ 18,896 $ 21,537