XML 22 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (unaudited) (USD $)
9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Net income $ 2,847,000 $ 3,080,000
Bad debt expense (recoveries) 38,000 (77,000)
Depreciation and amortization 1,445,000 1,227,000
Stock-based compensation 189,000 125,000
Deferred income taxes 1,468,000 (1,000)
Accounts receivable and other receivables (2,200,000) 3,217,000
Income tax receivable (375,000) (271,000)
Inventory (33,000) 23,000
Prepaid expenses and other current assets (301,000) (792,000)
Other assets 104,000 59,000
Accounts payable and accrued expenses (755,000) (2,723,000)
Accrued compensation and related benefits 93,000 (958,000)
Deferred revenue (71,000) 502,000
Other long-term liabilities 101,000  
Net cash provided by operating activities 2,550,000 3,411,000
Cash flows from investing activities    
Purchase of Informative Design Partners, Inc. (600,000) (1,552,000)
Net purchases of property and equipment (829,000) (679,000)
Purchase of Inlet Technology (600,000) (1,552,000)
Net cash used in investing activities (1,429,000) (2,231,000)
Cash flows from financing activities    
Proceeds from borrowings under line of credit 55,775,000 84,489,000
Repayment of borrowings under line of credit (56,499,000) (86,640,000)
Principal payment on capital lease obligations (215,000) (182,000)
Payment of preferred stock dividends (82,000) (110,000)
Proceeds from the issuance of common stock to employees   39,000
Net cash used in financing activities (1,021,000) (2,404,000)
Effect of exchange rate changes on cash 136,000 (62,000)
Net change in cash 236,000 (1,286,000)
Cash - beginning of period 1,680,000 2,631,000
Cash - end of period $ 1,916,000 $ 1,345,000