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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 5,018 $ 5,483 $ 2,185
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (see Note 3) 173 233 250
Deferred income taxes, net (46) 101 (157)
Accrued severance pay 105 68 77
Unrealized loss (gain) from marketable securities, net 98 (26) 6
Capital gain on sale of property and equipment, net 0 0 (5)
Employees share based compensation 138 72 58
Realized loss (gain) on sale of marketable securities - available-for-sale, net 0 (9) 1
Decrease (increase) in accounts receivable:      
Trade 352 (1,354) (390)
Other 21 (70) (15)
Decrease (increase) in prepaid expenses and deferred cost of revenues 95 (77) 351
Decrease in inventories 1 0 3
Increase (decrease) in accounts payable and accruals:      
Trade 99 (387) 412
Other (42) 1,153 1
Increase (decrease) in deferred revenues 285 (1,346) 2,413
Net cash provided by operating activities 6,297 3,841 5,190
CASH FLOWS FROM INVESTING ACTIVITIES:      
Investment in marketable securities - available-for-sale 0 (1,664) 0
Proceeds from sale of marketable securities - available-for-sale 0 522 0
Purchase of property and equipment (146) (201) (240)
Severance pay funds (32) (109) (162)
Investment in short-term bank deposits 0 0 (2,559)
Realization of short-term bank deposits 3,053 3,746 0
Investments in marketable securities (210) (2,176) (2,842)
Proceeds from sale of property and equipment 0 0 26
Net cash provided by (used in) investing activities 2,665 118 (5,777)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Employee stock options exercised and paid 171 424 73
Dividend paid (5,758) (4,544) (4,532)
Net cash used in financing activities (5,587) (4,120) (4,459)
TRANSLATION ADJUSTMENTS ON CASH AND CASH EQUIVALENTS 0 49 (52)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,375 (112) (5,098)
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 8,100 8,212 13,310
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF YEAR 11,475 8,100 8,212
SUPPLEMENTAL DISCLOSURE OF CASH FLOW AND NON-CASH ACTIVITIES-      
Taxes paid $ 414 $ 1,266 $ 95