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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 3,502 $ 3,798 $ 12,740
Adjustments required to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 3,258 3,959 4,767
Impairment of tangible and intangible assets 0 917 1,122
Gain from a bargain purchase 0 0 (288)
Accrued interest and exchange rate changes of debenture and long-term loans 29 (888) 17
Accrued severance pay, net 20 17 56
Gain from sale of property and equipment, net (232) (143) (95)
Stock-based compensation 320 309 375
Decrease in restricted cash 0 62 19
Increase in trade receivables, net (3,489) (236) (1,141)
Increase in other accounts receivable and prepaid expenses (942) (469) (21)
Decrease (increase) in inventories (1,063) 658 (462)
Decrease (increase) Deferred income taxes 1,774 1,080 (9,120)
Decrease (increase) in long-term accounts receivable 99 (91) 126
Increase (decrease) in trade payables 3,346 1,277 (654)
Increase (decrease) in other accounts payable and accrued expenses 2,455 (1,448) (1,845)
Net cash provided by operating activities 9,077 8,802 5,596
Cash flows from investing activities:      
Purchase of property and equipment (4,129) (3,616) (4,458)
Purchase of other intangible assets (115) 0 0
Proceeds from sale of property and equipment 648 1,266 1,529
Acquisition of subsidiary (a) (8,531) 0 (688)
Proceeds from sale of investments in previously consolidated subsidiaries (c) 0 0 (41)
Net cash used in investing activities (12,127) (2,350) (3,658)
Cash flows from financing activities:      
Receipt of long-term loans from banks 6,263 14,934 12,577
Repayment of long-term loans from banks (4,976) (19,503) (8,986)
Repayment of long-term loans from shareholders 0 0 (301)
Repurchase of shares from non-controlling interests 0 0 (7,740)
Proceeds from issuance of shares and exercise of options, net of issuance costs 98 15 10,074
Distribution as a dividend in kind of previously consolidated subsidiary (b) (1,870) 0 0
Short-term bank credit, net 716 (915) (1,640)
Net cash provided (used) in financing activities 231 (5,469) 3,984
Effect of exchange rate on cash and cash equivalents (462) (193) (714)
Increase (decrease) in cash and cash equivalents (3,281) 790 5,208
Cash and cash equivalents at the beginning of the year 9,347 8,557 3,349
Cash and cash equivalents at the end of the period- continuing operations 6,066 7,252 8,548
Cash and cash equivalents at the end of the period- discontinued operation 0 2,095 9
Cash and cash equivalents at the end of the year $ 6,066 $ 9,347 $ 8,557