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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 16,362 $ 12,562
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 1,688 1,723
Allowance for doubtful accounts 90 17
Value of share-based payment arrangements 28 601
Amortization of deferred finance costs 33 113
Deferred tax asset utilization 658 1,584
Adjustment to deferred acquisition payable 0 594
Changes in assets and liabilities:    
Trade accounts receivable (9,241) (4,834)
Inventories 4,790 (4,687)
Prepaid and other assets (5,754) 741
Income taxes payable 793 1,787
Accounts payable and accrued expenses 2,690 (2,760)
Cash provided by operating activities 12,137 7,441
Cash flows from investing activities:    
Additions to property, plant, and equipment (861) (877)
Cash used in investing activities (861) (877)
Cash flows from financing activities:    
Payment of deferred acquisition costs (528) (1,038)
Proceeds from issuance of common stock 722 2,634
Tax payment withholdings related to settlements of stock option awards (1,235) 0
Repayment of short-term debt - net 0 (5,205)
Proceeds from long-term debt - net 0 27
Repayment of long-term debt (172) (264)
Cash used in financing activities (1,213) (3,846)
Increase in cash and cash equivalents 10,063 2,718
Cash and cash equivalents at beginning of period 33,931 1,258
Cash and cash equivalents at end of period 43,994 3,976
Supplemental Disclosure of Cash Flow Information:    
Cash paid during period for interest 227 806
Cash paid for income taxes $ 6,785 $ 4,328