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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows from Operating Activities:    
Net income from continuing operations $ 66,000 $ 373,000
Net income from discontinued operations 12,257,000 408,000
Non-cash charges:    
Depreciation and amortization 409,000 375,000
Amortization of other intangible assets 308,000 309,000
Amortization of debt issue costs 98,000 28,000
Provision for losses on accounts receivable - net 2,000 2,000
Stock-based compensation 11,000 38,000
Restricted stock-based compensation 14,000 6,000
Loss on sale of fixed assets 0 4,000
Deferred income taxes (127,000) (56,000)
Changes in operating assets and liabilities:    
Accounts receivable (719,000) (433,000)
Inventories (230,000) (1,632,000)
Prepaid expenses and other current assets (456,000) (385,000)
Other assets (1,639,000) 26,000
Accounts payable 190,000 809,000
Accrued compensation and benefits (1,017,000) (1,208,000)
Accrued liabilities 218,000 43,000
Other liabilities (4,000) (4,000)
Total adjustments (2,942,000) (2,078,000)
Net cash used in operating activities - continuing operations (2,876,000) (1,705,000)
Net cash used in operating activities - discontinued operations (840,000) (1,310,000)
Net cash used in operating activities (3,716,000) (3,015,000)
Cash Flows from Investing Activities:    
Capital expenditures (242,000) (151,000)
Proceeds from disposal of assets 0 12,000
Net cash used in investing activities - continuing operations (242,000) (139,000)
Net cash provided by (used in) investing activities - discontinued operations 20,163,000 (33,000)
Net cash provided by (used in) investing activities 19,921,000 (172,000)
Cash Flows from Financing Activities:    
Proceeds from exercise of stock options 23,000 20,000
Purchase of Class A common stock (255,000) 0
Proceeds from short-term borrowings 16,998,000 18,809,000
Repayments of short-term borrowings (7,912,000) (15,604,000)
Repayments of term loans (6,343,000) (365,000)
Repayments of notes payable (9,000) (11,000)
Payments of bank financing costs (23,000) 0
Net cash provided by financing activities - continuing operations 2,479,000 2,849,000
Net cash used in financing activities - discontinued operations (18,716,000) 0
Net cash (used in) provided by financing activities (16,237,000) 2,849,000
Effect of exchange rate changes on cash (11,000) (14,000)
Net decrease in cash (43,000) (352,000)
Cash at beginning of period 927,000 1,011,000
Cash at end of period 884,000 659,000
Supplemental disclosures of cash flow information:    
Cash paid for: Interest 86,000 161,000
Cash paid for: Income taxes $ 8,000 $ 60,000