XML 46 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating activities:      
Net income (loss) $ 6,340,000 $ 7,174,000 $ (1,438,000)
Adjustments to reconcile net income (loss) to net cash from operating activities:      
Depreciation 8,880,000 7,051,000 6,800,000
Amortization of intangible assets 299,000 441,000 559,000
Amortization of debt discount and prepaid debt costs 60,000 57,000 55,000
Gain on embedded derivatives 0 0 (1,086,000)
Pension (benefit) cost 20,000 437,000 (109,000)
Stock-based compensation expense 3,980,000 3,088,000 2,582,000
Provision for (recovery of) losses on accounts receivable (35,000) (245,000) 300,000
Inventory Write-down 1,622,000 (1,335,000) 583,000
Changes in operating assets and liabilities:      
Trade and other accounts receivable 3,729,000 (4,914,000) (827,000)
Inventories (4,568,000) (6,955,000) (14,706,000)
Prepaid expenses and other assets 129,000 333,000 122,000
Deferred income taxes 994,000 550,000 (1,108,000)
Accounts payable and accrued liabilities (2,559,000) (8,500,000) 8,466,000
Increase (Decrease) in Deferred Revenue (5,365,000) 5,378,000 0
Accrued employee compensation 4,018,000 (1,699,000) 278,000
Other long-term liabilities 2,347,000 (2,007,000) (5,572,000)
Net cash provided by (used in) operating activities 19,891,000 (1,146,000) (5,101,000)
Investing activities:      
Purchases of property and equipment (16,850,000) (15,200,000) (14,466,000)
Net cash used in investing activities (16,850,000) (15,200,000) (14,466,000)
Financing activities:      
Principal payments on long-term debt and short-term borrowings (10,430,000) (9,638,000) (12,462,000)
Proceeds from long-term and short-term borrowings 8,709,000 13,481,000 12,229,000
Repurchase of shares for employee tax withholding obligation (47,000) (319,000) (154,000)
Proceeds from issuance of common stock under equity compensation plans 412,000 1,762,000 2,819,000
Proceeds from issuance of common stock under secondary security offering 0 10,283,000 0
Release of restricted cash 0 0 8,000,000
Net cash provided by (used in) financing activities (1,356,000) 15,569,000 10,432,000
Increase (decrease) in cash and cash equivalents from operations 1,685,000 (777,000) (9,135,000)
Effect of exchange rate changes on cash and cash equivalents 223,000 227,000 (1,405,000)
Increase (decrease) in cash and cash equivalents 1,908,000 (550,000) (10,540,000)
Cash and cash equivalents, beginning of period 28,739,000 29,289,000 39,829,000
Cash and cash equivalents, end of period 30,647,000 28,739,000 29,289,000
Cash paid for:      
Interest 190,000 174,000 166,000
Income taxes 1,950,000 1,594,000 3,329,000
Supplemental schedule of noncash investing and financing activities:      
Conversion of debenture into shares of common stock $ 0 $ 0 $ 9,341,000