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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows related to operating activities:    
Net income (loss) $ 4,136 $ (2,999)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation and amortization 525 490
Deferred income tax (benefit) 1,752 (1,842)
Stock based compensation 271 271
Increase in inventory reserve 112 177
Increase (decrease) in allowance for doubtful accounts 19 (60)
Loss on disposal of property and equipment 5  
Change in assets and liabilities:    
Accounts receivable (644) (689)
Inventories (766) (1,098)
Prepaid income taxes   274
Other assets (381) (218)
Other non-current assets 11 (8)
Accounts payable 674 280
Accrued employee compensation and benefit costs 348 28
Accrued arbitration award liability (5,152) 5,419
Other accrued liabilities (62) 225
Accrued income taxes 232  
Net cash provided by operating activities 1,080 250
Cash flows related to investing activities:    
Capital expenditures - property, plant and equipment (1,395) (1,777)
Proceeds from sale of assets 33  
Net cash used in investing activities (1,362) (1,777)
Cash flows related to financing activities:    
Principal payments on long-term debt (410) (17)
Demand note payable   1,000
Purchase of treasury shares (114) (189)
Cash dividend (375)  
Net cash (used) provided by financing activities (899) 794
Net decrease in cash and cash equivalents (1,181) (733)
Cash and cash equivalents at beginning of period 4,166 4,502
Cash and cash equivalents at end of period $ 2,985 [1] $ 3,769
[1] (Unaudited)