Note 4 - Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Cash Flow, Supplemental Disclosures [Text Block]

NOTE

4

- Sup

plemental Cash Flow Information

:

Cash paid for income taxes was

$0.4

million and

$0.1

million, respectively, for the

three

-month periods ended

March 31, 2018

and

2017.

Cash paid for interest was

$0.2

million and

$0.1

million, respectively for the

three

-month periods ended

March 31, 2018

and

2017.

During the

three

months ended

March 31, 2018

and

2017,

respectively, the Company received

5,863

and

16,500

shares of its common stock as payment of the exercise price in the exercise of stock options for

20,234

and

41,544

shares.

As a result of the adoption of ASC

606

the following amounts were recorded on

January 1, 2018:

$43.3

million in contract assets, a reduction in inventory of

$24.9

million, an increase in accounts payable of

$2.6

million, an increase in other current liabilities of

$1.1

million, and a decrease in deferred tax assets of

$3.5

million.