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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows related to operating activities:    
Net income $ 258 $ 2,771
Adjustments to reconcile net income to net cash used in operating activities    
Depreciation and amortization 207 163
Deferred income tax   1,752
Stock based compensation 90 90
(Decrease) increase in inventory reserve (2) 51
Decrease in allowance for doubtful accounts (2) (3)
Change in assets and liabilities:    
Accounts receivable (26) (440)
Inventories (917) (116)
Prepaid income taxes 109 (337)
Other current assets (673) (100)
Other non-current assets (5) (5)
Accounts payable 445 697
Accrued employee compensation and benefit costs 376 235
Accrued arbitration award liability   (5,152)
Other accrued liabilities 53 67
Accrued income taxes   (33)
Net cash used in operating activities (87) (360)
Cash flows related to investing activities:    
Capital expenditures - property, plant and equipment (178) (281)
Net cash used in investing activities (178) (281)
Cash flows related to financing activities:    
Principal payments on long-term debt (137) (159)
Purchase of treasury shares (165) (114)
Net cash used in financing activities (302) (273)
Net decrease in cash and cash equivalents (567) (914)
Cash and cash equivalents at beginning of period 3,268 4,166
Cash and cash equivalents at end of period $ 2,701 $ 3,252