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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows related to operating activities:    
Net Income $ 802 $ 1,628
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 637 610
Loss on disposal of property 16  
Stock based compensation 176 386
Increase in inventory reserve 43 14
Increase (decrease) in allowance for doubtful accounts 72 (8)
Change in assets and liabilities:    
Accounts receivable (1,733) (501)
Inventories 257 (1,466)
Prepaid income taxes (181) 63
Other current assets 24 (75)
Other non-current assets (9) (6)
Accounts payable (88) 598
Accrued employee compensation and benefit costs 469 (16)
Other accrued liabilities 254 145
Net cash provided by operating activities 739 1,372
Cash flows related to investing activities:    
Capital expenditures - property, plant and equipment (1,401) (786)
Proceeds from sale of assets 180  
Net cash used in investing activities (1,221) (786)
Cash flows related to financing activities:    
Principal payments on long-term debt (409) (410)
Purchase of treasury shares (203) (197)
Cash dividend (376) (380)
Net cash used in financing activities (988) (987)
Net decrease in cash and cash equivalents (1,470) (401)
Cash and cash equivalents at beginning of period 3,515 3,268
Cash and cash equivalents at end of period $ 2,045 $ 2,867