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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Operating activities:    
Net income $ 837 $ 364
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of software products 1,040 1,102
Non-cash interest expense 19 39
Depreciation and other amortization 1,199 778
Loss on change in fair value of earn-out payable 8  
Provision for bad debt allowance 78 79
Deferred income taxes 592 314
Stock based compensation 147 141
Stock based director fees 56 69
Net change in assets and liabilities:    
Trade receivables (166) (842)
Work in process (19) 145
Prepaid expenses and other 126 162
Other long-term assets   (112)
Accounts payable 4 303
Deferred revenue (1,207) (144)
Accrued payroll and related liabilities 144 283
Accrued sales, use and income taxes 68 (2)
Other accrued liabilities 25 55
Net cash provided by operating activities 2,951 2,734
Investing activities:    
Purchase of equipment, software and leasehold improvements (324) (279)
Cash received on earn-out from disposition of a component of the business   58
Cash paid for contingent liabilities related to acquisitions (322) (250)
Cash paid for net assets related to acquisitions   (4,200)
Software development costs capitalized (827) (718)
Net cash used in investing activities (1,473) (5,389)
Financing activities:    
Borrowings under line of credit, net   750
Payments on long-term debt (530) (319)
Borrowings under long-term debt   2,168
Payments of capital lease obligations (121) (115)
Proceeds from exercise of common stock options 56 72
Net cash provided by (used in) financing activities (595) 2,556
Effect of foreign currency exchange rate changes on cash (1) (21)
Net change in cash and cash equivalents 882 (120)
Cash and cash equivalents at beginning of period 2,284 1,808
Cash and cash equivalents at end of period 3,166 1,688
Cash paid for interest 227 176
Cash paid for income taxes 43 55
Non-cash investing and financing activities    
Issuance of common stock in connection with acquisitions   1,980
Debt issued in connection with acquisition   2,933
Capital leases acquired in connection with acquisitions   109
Current assets acquired in connection with acquisitions 36 626
Accrued liabilities assumed in connection with acquisitions 58 517
Issuance of common stock related to payment of contingent liabilities 60 42
Tax benefit of stock options exercised   55
Cashless exercise of common stock warrants 46  
Issuance of common stock related to payment of director compensation   69
Issuance of common stock related to payment of employee compensation   38
Contingent liabilities incurred in connection with acquisition $ (62) $ 711