XML 17 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities:    
Net income $ 10,286 $ 6,965
Depreciation and amortization 4,691 4,221
Allowance for credit losses 574 171
Stock-based compensation 1,429 1,463
(Gain) loss on disposal of assets (3,852) 4
Common stock issued in lieu of bonus to officers 0 52
Changes in assets and liabilities 10,631 14,435
Net cash provided by operating activities 23,759 27,706
Investing Activities:    
Purchase of property and equipment (1,482) (1,568)
Proceeds from sale of property and equipment 5,757 5
Net cash provided by (used in) investing activities 4,275 (1,563)
Financing Activities:    
Proceeds from issuance of long-term debt 86,651 76,062
Payments on long-term debt (108,051) (98,904)
Deferred financing fees 0 (169)
Cash dividends paid (6,224) (6,180)
Net cash used in financing activities (27,624) (29,191)
Net increase (decrease) in cash and cash equivalents 410 (3,048)
Cash and cash equivalents, beginning of period 16 3,967
Cash and cash equivalents, end of period 426 919
Officer [Member]    
Operating Activities:    
Common stock issued in lieu of bonus to officers $ 0 $ 395