XML 18 R7.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows provided by (used in) operating activities:    
Net income (loss) $ 2,924 $ (156)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 861 859
Share-based compensation 382 366
Deferred income taxes, net (422) (70)
Provision for excess and obsolete inventories 87 223
Provision for bad debts 30 0
Foreign currency exchange (gains) losses (135) 426
Gain on sale of product line, net (4,116) 0
Gain on sale of intangible assets, net 0 (339)
Decrease (increase) in assets:    
Accounts receivable (1,838) (569)
Inventories 245 753
Prepaid expenses and other current assets (749) (181)
Other long-term assets (78) (241)
Increase (decrease) in liabilities:    
Accounts payable and accrued expenses 44 (1,691)
Deferred revenue (930) 626
Pension and other long-term liabilities 100 60
Net cash provided by (used in) operating activities (3,595) 66
Cash flows provided by (used in) investing activities:    
Additions to property and equipment (1,011) (781)
Purchase of domain name (35) 0
Proceeds from sale of product line 2,750 0
Proceeds from sale of intangible assets 0 339
Net cash provided (used in) by investing activities 1,704 (442)
Cash flows used in financing activities:    
Dividends paid (2,264) (2,312)
Net cash used in financing activities (2,264) (2,312)
Effect of exchange rates on cash and cash equivalents (8) (265)
Decrease in cash and cash equivalents (4,163) (2,953)
Cash and cash equivalents - beginning of period 25,451 28,074
Cash and cash equivalents - end of period 21,288 25,121
Cash paid during the period for:    
Interest 1 5
Income taxes (net of refunds) $ 300 $ 395