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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Cash flows from operating activities:          
Net income $ 876 $ 901 $ 2,288 $ 2,765 $ 3,798
Adjustments required to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization 877 979 1,775 1,985 3,959
Impairment of tangible and intangible assets 0 0 0 0 917
Accrued interest and exchange rate changes of debenture and long-term loans 290 376 74 10 (888)
Accrued severance pay, net 74 (6) 121 (38) 17
Gain from sale of property and equipment, net (53) (38) (179) (72) (143)
Stock-based compensation 36 83 94 174 309
Decrease in restricted cash 0 0 0 62 62
Decrease in trade receivables, net (585) (10) (4,284) (513) (236)
Increase in other accounts receivable and prepaid expenses (249) (1,106) (906) (1,060) (469)
Decrease (increase) in inventories 207 (171) 443 (180) 658
Decrease Deferred income taxes 248 197 1,038 387 1,080
Decrease (increase) in long-term accounts receivable 126 12 (9) 14 (91)
Increase in trade payables 296 837 2,042 900 1,277
Increase (decrease) in other accounts payable and accrued expenses 1,293 (701) 2,460 (291) (1,448)
Net cash provided by operating activities 3,436 1,353 4,957 4,143 8,802
Cash flows from investing activities:          
Purchase of property and equipment (1,284) (769) (2,861) (1,354) (3,616)
Purchase of other intangible assets (115) 0 (115) 0 0
Proceeds from sale of property and equipment 118 337 594 648 1,266
Net cash used in investing activities (1,281) (432) (2,382) (706) (2,350)
Cash flows from financing activities:          
Receipt of long-term loans from banks 0 4,546 95 15,103 14,934
Repayment of long-term loans from banks (1,123) (6,335) (2,250) (17,729) (19,503)
Repayment of long-term loans from shareholders 0 (19) 0 (32) 0
Proceeds from issuance of shares and exercise of options, net of issuance costs 0 0 0 6 15
Short-term bank credit, net 83 (18) 128 (486) (915)
Distribution as a dividend in kind of previously consolidated subsidiary (a) (1,870) 0 (1,870) 0 0
Net cash used in financing activities (2,910) (1,826) (3,897) (3,138) (5,469)
Cash and cash equivalents at the end of the period-continuing operations 7,745 8,254 7,745 8,557 7,252
Effect of exchange rate on cash and cash equivalents (155) 1,098 (280) (409) (193)
Increase (decrease) in cash and cash equivalents (910) 193 (1,602) (110) 790
Cash and cash equivalents at the beginning of the period 8,655 8,254 7,252 8,557 8,557
Cash and cash equivalents at the end of the period 7,745 8,447 7,745 8,447 7,252
(b) Non-cash activity:          
Purchase of property and equipment 107 208 107 264 378
Cash paid during the year for:          
Interest 132 220 270 414 640
Income Taxes 22 6 27 18 27
Continuing Operations [Member]          
Cash flows from financing activities:          
Cash and cash equivalents at the end of the period-continuing operations 7,252 6,834 7,252 6,834 7,252
Cash and cash equivalents at the beginning of the period     7,252    
Cash and cash equivalents at the end of the period 7,252 6,834 7,252 6,834 7,252
Discontinued Operations [Member]          
Cash flows from financing activities:          
Cash and cash equivalents at the end of the period-continuing operations 0 1,613 0 1,613 2,095
Cash and cash equivalents at the beginning of the period     2,095    
Cash and cash equivalents at the end of the period $ 0 $ 1,613 $ 0 $ 1,613 $ 2,095