Note 4 - Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Cash Flow, Supplemental Disclosures [Text Block]

NOTE

4

- Sup

plemental Cash Flow Information

:

Cash paid for income taxes was

$0.7

million and

$5.2

million, respectively, for the

nine

-month periods ended

September 30, 2018

and

2017.

Cash paid for interest was

$1.7

million and

$0.5

million, respectively for the

nine

-month periods ended

September 30, 2018

and

2017.

During the

nine

months ended

September 30, 2018

and

2017,

respectively, the Company received

6,894

and

43,841

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

26,234

and

113,143

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.

In conjunction with the acquisition of CID, the Company issued

150,094

shares of its common stock with a fair value of

$3.8

million as part of the purchase price.