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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net income $ 3,039 $ 1,972
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on disposal of property & equipment 0 123
Depreciation of fixed assets 473 566
Amortization of internal-use software and intangibles 453 465
Deferred income taxes (116) (108)
Share-based compensation 2,488 3,621
Changes in operating assets and liabilities (6,236) 1,356
Net cash provided by operating activities 101 7,995
Investing activities    
Capital expenditures (98) (274)
Additional investments in corporate-owned life insurance policies (7) (2)
Net cash used in investing activities (105) (276)
Financing activities    
Payment of preferred stock dividends (918) (918)
Repurchase of common shares to satisfy employee tax withholding (820) (2,070)
Principal payments under long-term obligations (1) (6)
Net cash used in financing activities (1,739) (2,994)
Effect of exchange rate changes on cash (331) 6
Net (decrease) increase in cash and cash equivalents (2,074) 4,731
Cash and cash equivalents at beginning of period 96,971 99,180
Cash and cash equivalents at end of period $ 94,897 $ 103,911