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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,407 $ 1,610
Adjustments to reconcile net income / (loss) to net cash provided by operating activities:    
Depreciation and amortization 1,381 1,072
Deferred income taxes 87 28
Stock-based compensation 317 348
Changes in assets and liabilities:    
Accounts receivable 574 (1,921)
Prepaid expenses, other current assets, and income tax receivable (809) 659
Accounts payable (976) 159
Accrued expenses and accrued income taxes 449 489
Net cash provided by operating activities 3,430 2,444
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of equipment and leasehold improvements (343) (709)
Cost of internally developed software (398) (79)
Other assets 2 (57)
Net cash used in investing activities (739) (845)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of stock, net of tax withholding (198) (149)
Proceeds from equipment financing 0 610
Payments of equipment financing (1,776) (840)
Cash dividends paid (1,640) (1,629)
Net cash used in financing activities (3,614) (2,008)
Effect of exchange rate changes on cash and cash equivalents (54) 0
Net increase / (decrease) in cash and cash equivalents (977) (409)
Cash and cash equivalents, beginning of period 3,938 2,689
Cash and cash equivalents, end of period 2,961 2,280
Supplemental Disclosures of Cash Flow Information:    
Cash paid for income taxes 1,891 0
Cash paid for interest 41 71
Purchases of equipment through accounts payable and accrued liabilities $ 13 $ 392