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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net income $ 4,672 $ 5,925
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation and amortization 1,609 1,563
Non-cash lease expense 2,308 1,553
Bad debt expense, net of recoveries 256 278
Share-based compensation 112 165
Changes in operating assets and liabilities:    
Accounts receivable 1,758 (11,247)
Prepaid expenses and other assets (2,240) (2,610)
Accounts payable (798) 2,748
Operating lease liabilities (2,308) (1,553)
Accrued expenses, other current liabilities and customer incentives and deposits 1,854 4,750
Net cash provided by operating activities 7,223 1,572
Investing activities    
Purchases of property and equipment and capitalized software (1,248) (1,378)
Net cash used in investing activities (1,248) (1,378)
Financing activities    
Net borrowings on lines of credit 3,209 10,372
Payoff of bank line of credit (9,598)
Payments from stock options exercised (2)
Payments on term debt (71)
Payments on capital lease obligations (89)
Net cash provided by financing activities 3,207 614
Effect of foreign exchange rate changes on cash (3,890) (547)
Net change in cash and cash equivalents 5,292 261
Cash and cash equivalents at beginning of year 10,458 7,111
Cash and cash equivalents at end of period 15,750 7,372
Supplemental disclosure of cash flows information:    
Interest paid 509 375
Income taxes paid $ 554 $ 541