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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows related to operating activities:    
Net income $ 3,392 $ 302
Adjustments to reconcile net income to net cash provided (used) by operating activities    
Depreciation and amortization 340 340
Deferred income tax 1,752  
Stock based compensation 180 180
Increase in inventory reserve 55 81
Decrease in allowance for doubtful accounts (7) (43)
Loss on disposal of property and equipment (5)  
Change in assets and liabilities:    
Accounts receivable (197) (543)
Inventories (120) (1,007)
Prepaid income taxes (114) 154
Other assets (165) (154)
Other non-current assets (3) (7)
Accounts payable 332 543
Accrued employee compensation and benefit costs 284 41
Accrued arbitration award liability (5,152)  
Other accrued liabilities (126) 3
Accrued income taxes (29)  
Net cash provided (used) by operating activities 417 (110)
Cash flows related to investing activities:    
Capital expenditures - property, plant and equipment (647) (877)
Proceeds from sale of assets 33  
Net cash used in investing activities (614) (877)
Cash flows related to financing activities:    
Principal payments on long-term debt (274) (9)
Purchase of treasury shares (114) (189)
Net cash used in financing activities (388) (198)
Net decrease in cash and cash equivalents (585) (1,185)
Cash and cash equivalents at beginning of period 4,166 4,502
Cash and cash equivalents at end of period $ 3,581 $ 3,317