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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities    
Net income $ 1,567 $ 7,776
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment charge 2,994 0
Depreciation and amortization 1,438 1,503
Amortization of unearned stock compensation 463 450
Provision for inventory obsolescence 330 704
Deferred income taxes (670) (319)
Other non-cash items 83 89
Changes in operating assets and liabilities:    
Accounts receivable 8,564 (3,626)
Inventories 12,359 8,035
Book overdraft (1,883) (2,176)
Trade accounts payable 2,783 (2,007)
Accrued and other current liabilities (4,009) (5,880)
Income taxes (1,069) (289)
Other operating activities (520) (693)
Net cash provided by operating activities 22,430 3,567
Investing activities    
Expenditures for property and equipment (1,545) (942)
Net cash used in investing activities (1,545) (942)
Financing activities    
Borrowings on revolver 151,366 204,327
Payments on revolver (164,874) (199,118)
Payment of dividends (4,110) (4,077)
Purchase of treasury stock (3,267) (3,852)
Other financing activities 0 95
Net cash used in financing activities (20,885) (2,625)
Net change in cash 0 0
Cash at beginning of period 0 0
Cash at end of period $ 0 $ 0