XML 52 R7.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) $ (113,000) $ 813,000 $ 1,489,000
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 6,410,000 6,096,000 6,272,000
Loss (gain) on disposal of assets 20,000 3,000 (72,000)
Deferred income tax 59,000 25,000 76,000
(Gain) loss on foreign currency transactions 1,174,000 (132,000) 27,000
Stock-based compensation expense 88,000 74,000 125,000
Changes in operating assets and liabilities:      
Receivables (643,000) 655,000 (961,000)
Prepaid expenses and other assets 58,000 (316,000) (1,063,000)
Accounts payable and accrued liabilities 1,023,000 (349,000) 957,000
Net cash from operating activities 8,076,000 6,869,000 6,850,000
INVESTING ACTIVITIES      
Payment for purchase of property and equipment (1,710,000) (6,634,000) (5,613,000)
Investment in equity securities (14,000) (31,000) (39,000)
Net cash from investing activities (1,724,000) (6,665,000) (5,652,000)
FINANCING ACTIVITIES      
Principal payments on long-term debt (3,523,000) (6,818,000) (3,889,000)
Principal payments on capital leases (3,476,000) (3,732,000) (2,983,000)
Long term debt financing on property and equipment 1,298,000 9,219,000 6,980,000
Advances on line of credit 369,000 1,300,000 350,000
Payments on line of credit (79,000) (600,000) (1,000,000)
Capital contributions from non-controlling interests 184,000 217,000 1,509,000
Distributions to non-controlling interests (792,000) (780,000) (996,000)
Stock repurchase 0 (28,000) 0
Net cash from financing activities (6,019,000) (1,222,000) (29,000)
Net change in cash and cash equivalents 333,000 (1,018,000) 1,169,000
Effect of changes in foreign exchange rates on cash 12,000 2,000 (27,000)
CASH AND CASH EQUIVALENTS, beginning of year 1,564,000 2,580,000 1,438,000
CASH AND CASH EQUIVALENTS, end of year 1,909,000 1,564,000 2,580,000
SUPPLEMENTAL CASH FLOW DISCLOSURE      
Cash paid for interest 2,116,000 2,352,000 2,503,000
Cash paid for income taxes 44,000 158,000 90,000
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES      
Acquisition of equipment with capital lease financing $ 3,478,000 $ 264,000 $ 6,400,000