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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:    
Net (loss) income $ (26,000) $ 65,000
Non-cash charges:    
Depreciation and amortization 389,000 335,000
Amortization of other intangible assets 172,000 179,000
Amortization of debt issue costs 15,000 23,000
Amortization of consideration payable to customer 67,000 0
Recovery of losses on accounts receivable - net (69,000) (1,000)
Stock-based compensation 29,000 60,000
Loss on sale of fixed assets 6,000 1,000
Restricted stock-based compensation 13,000 7,000
Deferred income taxes (25,000) 21,000
Fair value increase in contingent consideration 0 29,000
Changes in operating assets and liabilities:    
Accounts receivable 654,000 (603,000)
Inventories (88,000) 961,000
Prepaid expenses and other current assets (207,000) (200,000)
Other assets 81,000 0
Accounts payable (48,000) 287,000
Accrued compensation and benefits (1,282,000) (985,000)
Accrued other liabilities and other current liabilities (133,000) (328,000)
Other liabilities (38,000) (5,000)
Total adjustments (464,000) (219,000)
Net cash used in operating activities (490,000) (154,000)
Cash Flows from Investing Activities:    
Capital expenditures (485,000) (570,000)
Proceeds from disposal of assets 11,000 10,000
Net cash used in investing activities (474,000) (560,000)
Cash Flows from Financing Activities:    
Dividend payments (158,000) (180,000)
Proceeds from exercise of stock options 0 105,000
Purchase of Class A common stock (3,202,000) (82,000)
Net proceeds from short-term borrowings 4,258,000 1,313,000
Bank finance costs (20,000) 0
Repayments of loan term debt (20,000) 0
Net cash provided by financing activities 858,000 1,156,000
Effect of exchange rate changes on cash 5,000 21,000
Net (decrease) increase in cash (101,000) 463,000
Cash at beginning of period 999,000 1,241,000
Cash at end of period 898,000 1,704,000
Supplemental disclosures of cash flow information:    
Cash paid for: Interest 37,000 16,000
Cash paid for: Income taxes 0 2,000
Cash paid for amounts included in the measurement of operating lease liabilities 4,000 0
Noncash information:    
Right of Use ("ROU") assets recognized for new operating lease liabilities 80,000 0
Operating lease liability related to ROU asset recognized upon adoption of ASC 842 $ 577,000 $ 0