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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities:    
Net (loss) income from continuing operations $ (5,590,000) $ 1,510,000
Net income from discontinued operations 12,430,000 1,633,000
Non-cash charges:    
Depreciation and amortization 1,227,000 1,155,000
Amortization of other intangible assets 803,000 928,000
Amortization of debt issue costs 118,000 83,000
Provision for losses on accounts receivable - net 0 14,000
Stock-based compensation 13,000 72,000
Restricted stock-based compensation 39,000 30,000
Loss on sale of fixed assets 3,000 5,000
Deferred income taxes (3,163,000) 52,000
Fair value reduction in contingent consideration 0 (126,000)
Impairment of goodwill and other intangible assets 8,311,000 0
Changes in operating assets and liabilities:    
Accounts receivable (2,166,000) (671,000)
Inventories (681,000) (712,000)
Prepaid expenses and other current assets (1,947,000) 104,000
Other assets 60,000 76,000
Accounts payable 1,304,000 698,000
Accrued compensation and benefits (209,000) (243,000)
Accrued liabilities 287,000 (320,000)
Other liabilities (14,000) (13,000)
Total adjustments 3,985,000 1,132,000
Net cash (used in) provided by operating activities - continuing operations (1,605,000) 2,642,000
Net cash (used in) provided by operating activities - discontinued operations (653,000) 2,472,000
Net cash (used in) provided by operating activities (2,258,000) 5,114,000
Cash Flows from Investing Activities:    
Capital expenditures (894,000) (1,044,000)
Proceeds from disposal of assets 30,000 31,000
Net cash used in investing activities - continuing operations (864,000) (1,013,000)
Net cash provided by (used in) investing activities - discontinued operations 20,149,000 (100,000)
Net cash provided by (used in) investing activities 19,285,000 (1,113,000)
Cash Flows from Financing Activities:    
Dividend payments (2,156,000) 0
Proceeds from exercise of stock options 23,000 73,000
Purchase of Class A common stock (255,000) 0
Proceeds from short-term borrowings 43,853,000 55,827,000
Repayments of short-term borrowings (33,317,000) (56,182,000)
Repayments of term loans (6,343,000) (3,012,000)
Repayments of notes payable (27,000) (30,000)
Payments of bank financing costs (30,000) 0
Net cash provided by (used in) financing activities - continuing operations 1,748,000 (3,324,000)
Net cash used in financing activities - discontinued operations (18,716,000) 0
Net cash used in financing activities (16,968,000) (3,324,000)
Effect of exchange rate changes on cash (45,000) (6,000)
Net increase in cash 14,000 671,000
Cash at beginning of period 927,000 1,011,000
Cash at end of period 941,000 1,682,000
Supplemental disclosures of cash flow information:    
Cash paid for: Interest 123,000 492,000
Cash paid for: Income taxes 88,000 1,149,000
Supplemental disclosures of non-cash investing activities:    
Exchange of property and equipment $ 0 $ 64,000