| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||
Net income (loss) | ||||||||||
1,542 | 4,584 | 6,121 | 6,678 | 1,511 | 3,206 | 3,805 | 2,979 | 3,489 | 2,613 | 1,527 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
2,914 | 3,063 | 2,807 | 2,294 | 1,731 | 1,048 | 872 | 586 | 370 | 284 | 336 |
Deferred income taxes | ||||||||||
405 | 288 | 1,450 | -168 | -105 | -1,399 | -416 | -437 | - | - | - |
Non-cash interest income | ||||||||||
-33 | 41 | - | - | - | - | - | - | - | - | - |
Loss on sale of fixed assets | ||||||||||
- | -6 | - | - | - | - | - | - | - | - | - |
Change in excess tax benefit on equity awards | ||||||||||
- | - | - | - | - | - | - | - | - | - | -54 |
Stock-based compensation | ||||||||||
759 | 594 | 582 | 671 | 674 | 609 | 538 | 458 | 418 | 394 | 394 |
Changes in assets and liabilities: | ||||||||||
Accounts receivable | ||||||||||
-1,049 | 355 | -1,316 | 2,298 | -539 | -291 | -251 | 129 | 585 | 889 | -382 |
Other current assets | ||||||||||
418 | -145 | 133 | -822 | -609 | 1,186 | -353 | 547 | - | - | - |
Prepaid expenses, other current assets, and income tax receivable | ||||||||||
- | - | - | - | - | - | - | - | 428 | 37 | -442 |
Accounts payable | ||||||||||
-494 | 77 | -990 | 144 | -98 | 335 | -159 | -292 | 262 | 519 | -464 |
Accrued expenses and accrued income taxes | ||||||||||
-671 | 144 | 893 | 790 | - | - | - | - | - | - | - |
Accrued expenses | ||||||||||
- | - | - | - | -491 | -1,246 | -126 | -406 | 19 | 211 | -178 |
Deferred income taxes | ||||||||||
- | - | - | - | - | - | - | - | 406 | 218 | 130 |
Deferred revenue | ||||||||||
- | - | - | - | - | - | - | - | -16 | -19 | -117 |
Net cash provided by operating activities | ||||||||||
- | - | - | - | - | 4,456 | 5,951 | 3,086 | 3,935 | - | - |
Net cash (used) / provided by operating activities | ||||||||||
4,309 | 7,929 | 9,146 | 9,269 | 4,580 | - | - | - | - | 3,295 | 2,399 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||
Proceeds from short-term investments | ||||||||||
- | - | - | - | - | - | - | - | 2,018 | 0 | 0 |
Purchases of short-term investments | ||||||||||
- | - | - | - | - | - | - | - | - | 1,012 | 1,006 |
Increase in other long-term assets | ||||||||||
- | - | - | - | - | - | - | - | - | 29 | 14 |
Purchases of equipment and leasehold improvements | ||||||||||
1,677 | 1,191 | 1,197 | 2,012 | 1,752 | 7,564 | 1,531 | 2,214 | 1,358 | 817 | 35 |
Purchases of investments in marketable securities | ||||||||||
- | 4,035 | - | - | - | - | - | - | - | - | - |
Sale of investments in marketable securities | ||||||||||
3,810 | - | - | - | - | - | - | - | - | - | - |
Cost of internally developed software | ||||||||||
56 | 133 | 49 | 82 | 46 | 244 | 226 | 121 | 130 | - | - |
Proceeds from equipment financing | ||||||||||
- | - | - | - | - | 7,000 | 0 | 0 | - | - | - |
Payments of equipment financing | ||||||||||
- | - | - | - | - | 752 | 0 | 0 | - | - | - |
Net cash used in investing activities | ||||||||||
2,077 | -5,359 | -1,246 | -2,094 | -1,798 | - | - | - | - | -1,859 | -1,056 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||
Net cash used in investing activities | ||||||||||
- | - | - | - | - | -7,808 | -1,757 | -2,335 | 528 | - | - |
Proceeds from stock options and tax withholding related to vested shares from employee stock plans | ||||||||||
33 | 93 | 163 | 149 | 106 | 43 | 110 | 93 | 86 | - | - |
Proceeds from equipment financing | ||||||||||
1,416 | - | 2,078 | 610 | 1,097 | - | - | - | - | - | - |
Proceeds from issuance of stock, net of tax withholding | ||||||||||
- | - | - | - | - | - | - | - | - | - | -39 |
Payments of equipment financing | ||||||||||
415 | 1,749 | 2,082 | 3,120 | - | - | - | - | - | - | - |
Cash dividends paid | ||||||||||
3,970 | 3,797 | 3,289 | 3,267 | 3,241 | 3,212 | 3,178 | 3,156 | 2,510 | 2,500 | 3,014 |
Payments of equipment financing | ||||||||||
- | - | - | - | 1,455 | - | - | - | - | - | - |
Net cash used in financing activities | ||||||||||
-3,002 | -5,639 | -3,456 | -5,926 | -3,705 | - | - | - | - | -2,555 | -3,132 |
Effect of exchange rate changes on cash | ||||||||||
-170 | -1,027 | -217 | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash | ||||||||||
3,214 | -4,096 | 4,227 | - | - | - | - | - | - | - | - |
Tax withholding related to vested shares from employee stock plans | ||||||||||
- | - | - | - | - | - | - | - | - | 49 | - |
Acquisition of treasury stock | ||||||||||
- | - | - | - | - | - | - | - | 22 | 6 | 79 |
Net cash used in financing activities | ||||||||||
- | - | - | - | - | 2,993 | -3,289 | -3,249 | -2,620 | - | - |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
- | - | - | - | 0 | - | - | - | - | - | - |
Net decrease in cash and cash equivalents | ||||||||||
- | - | - | 1,249 | -923 | -359 | 904 | -2,498 | 1,843 | -1,119 | -1,789 |
Supplemental Disclosures of Cash Flow Information: | ||||||||||
Cash paid for income taxes | ||||||||||
2,898 | 3,743 | 2,824 | 1,814 | 40 | 1,168 | 1,233 | 1,715 | -2,401 | 2,009 | 112 |
Cash paid for interest | ||||||||||
59 | 108 | 70 | 134 | 128 | - | - | - | - | - | - |
Non-cash investing and financing activities | ||||||||||
- | -41 | - | - | - | - | - | - | - | - | - |
Cash paid for interest | ||||||||||
- | - | - | - | - | 77 | 0 | 0 | - | - | - |
Issuance of restricted stock awards | ||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 |
Exercise of stock options | ||||||||||
- | - | - | - | - | 33 | 20 | 0 | 0 | - | - |
Purchases of equipment through accounts payable and accrued liabilities | ||||||||||
1,882 | 207 | 25 | 472 | 338 | 150 | 1,161 | 497 | 0 | 0 | - |