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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income (loss) $ 6,801 $ (5,340) $ (52,334)
Loss from discontinued operations (200)
Net income (loss) from continuing operations 6,801 (5,340) (52,134)
Adjustments required to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 13,140 13,108 15,072
Goodwill impairment 20,402
Impairment of long-lived assets 10,137
Stock-based compensation of options and RSUs 856 908 1,901
Accrued severance pay, net 118 (267) (111)
Accrued interest and exchange rate differences on restricted cash and deposits, net (239) (442) 842
Exchange rate differences on long-term loans 186 (43) (288)
Deferred income taxes, net 189 4 1
Decrease (increase) in trade receivables, net (19,588) (37,586) 4,553
Decrease (increase) in other assets (including short-term, long-term and deferred charges) (4,029) (3,474) 1,080
Decrease (increase) in inventories (10,763) 2,221 (2,821)
Decrease (increase) in restricted cash directly related to operating activities, net 38,123 48,519 (87,004)
Increase (decrease) in trade payables 4,087 12,454 (5,133)
Increase in accrued expenses 14,898 30,149 2,935
Increase (decrease) in advances from customers (18,959) (53,081) 79,884
Increase (decrease) in advances from customers held by trustees (6,185) (18) (2,243)
Increase (decrease) in other current liabilities and other long-term liabilities 2,165 3,666 (1,860)
Net cash provided by (used in) operating activities 20,800 10,778 (14,787)
Cash flows from investing activities:      
Purchase of property and equipment (3,692) (4,307) (3,930)
Investment in restricted cash (including long-term) (5,700) (17,001) (22,717)
Proceeds from restricted cash (including long-term) 661 7,441 34,120
Investment in restricted cash held by trustees (14,218) (16,200) (16,634)
Proceeds from restricted cash held by trustees 18,974 16,498 21,501
Net cash provided by (used in) investing activities (3,975) (13,569) 12,340
Cash flows from financing activities:      
Capital lease payments (309) (609)
Issuance of shares in a rights offering, net of issuance costs 35,085
Issuance of restricted stock units and exercise of stock option 661 588 5,683
Payment of obligation related to the purchase of intangible asset (500)
Short-term bank credit and loans, net (7,000) (5,897)
Repayment of long-term loans (4,673) (4,443) (4,544)
Net cash provided by (used in) financing activities (4,012) 23,921 (5,867)
Effect of exchange rate changes on cash and cash equivalents 11 568 (977)
Increase (decrease) in cash and cash equivalents 12,824 21,698 (9,291)
Cash and cash equivalents at the beginning of the year 40,133 18,435 27,726
Cash and cash equivalents at the end of the year 52,957 40,133 18,435
Cash paid during the year for continuing operations:      
Interest 906 1,448 1,507
Income taxes 2,410 2,105 517
Non-cash transactions:      
Purchases of property and equipment that were not paid for and reclassification from inventories to property and equipment 5,710 2,452 2,519
Reclassification from property and equipment to inventories 129 733 114
Capital lease $ 26