| Oct'19 | Oct'18 | Oct'17 | Oct'16 | Oct'15 | Oct'14 | Oct'13 | Oct'12 | Oct'11 | Oct'10 |
|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES: | |||||||||
Consolidated net income | |||||||||
3,521 | 5,846 | - | - | - | - | - | 2,612 | 773 | 1,220 |
Consolidated net income | |||||||||
- | - | 382 | -4,089 | 994 | 1,439 | 3,602 | - | - | - |
Loss from discontinued operations | |||||||||
0 | -180 | 212 | - | - | - | - | - | - | - |
Income from continuing operations | |||||||||
3,521 | 6,026 | 170 | - | - | - | - | - | - | - |
Adjustments to reconcile consolidated net income to net cash provided by (used in) operating activities: | |||||||||
Bad debt expense | |||||||||
21 | 8 | - | - | - | - | - | - | - | - |
Bad debt expense | |||||||||
- | - | 10 | 9 | 20 | -34 | 29 | - | - | - |
Bad debt (recovery) expense | |||||||||
- | - | - | - | - | - | - | 24 | 15 | - |
Accounts receivable write-off | |||||||||
- | - | - | - | 11 | 34 | 44 | 0 | - | 15 |
Depreciation and amortization | |||||||||
563 | 513 | 506 | 1,036 | 996 | 592 | 652 | 600 | 391 | 214 |
Gain on sale of fixed assets | |||||||||
0 | 1 | 0 | - | - | - | - | - | - | - |
Stock-based compensation expense | |||||||||
317 | 211 | 214 | 206 | 232 | 390 | 232 | 264 | 312 | 231 |
Goodwill and other intangible asset impairment | |||||||||
- | - | - | 2,844 | 0 | - | - | - | - | - |
Goodwill impairment | |||||||||
- | - | - | - | - | - | - | - | - | 137 |
Inventory write-downs | |||||||||
- | - | - | 168 | 170 | 148 | 1,170 | 0 | 92 | 247 |
Loss on disposal of fixed assets | |||||||||
- | - | - | -68 | 16 | 0 | - | - | - | - |
Deferred income taxes | |||||||||
-43 | -79 | -290 | -307 | -164 | -60 | 139 | -145 | 16 | -166 |
Excess tax benefit from stock-based compensation | |||||||||
- | - | - | 154 | 83 | 327 | 1,060 | 87 | 312 | 78 |
Changes in operating assets and liabilities: | |||||||||
Restricted cash | |||||||||
- | - | - | - | - | - | - | -5 | 4 | - |
Trade accounts receivable | |||||||||
6,640 | 1,360 | 405 | 107 | 400 | -732 | -1,934 | 2,585 | -750 | 309 |
Inventories | |||||||||
657 | 1,570 | 158 | -417 | 205 | -517 | 110 | 795 | 1,228 | -129 |
Other current assets | |||||||||
-218 | 321 | -878 | 554 | 5 | -969 | 947 | 152 | 43 | 107 |
Right of use assets | |||||||||
1 | -21 | -72 | 102 | 2 | -9 | -5 | 2 | 0 | 0 |
Accounts payable | |||||||||
106 | 306 | 451 | -355 | -354 | 69 | -637 | 908 | -302 | 312 |
Customer deposit | |||||||||
- | - | - | - | -6 | -45 | 51 | 0 | - | - |
Income taxes prepaid (payable) | |||||||||
- | - | - | - | - | - | - | - | - | 127 |
Accrued expenses | |||||||||
-211 | 1,516 | -486 | -98 | -451 | -339 | -341 | 536 | 210 | 554 |
Income tax payable | |||||||||
21 | 0 | - | - | - | 400 | 450 | 1,269 | -384 | - |
Income tax receivable | |||||||||
- | - | 66 | - | - | - | - | - | - | - |
Other long-term liabilities | |||||||||
- | - | - | - | - | - | - | - | - | -23 |
Other long-term liabilities | |||||||||
75 | 0 | -128 | -249 | -569 | 0 | -15 | -117 | -164 | - |
Net cash provided by (used in) operating activities | |||||||||
-2,710 | 5,270 | 768 | - | - | - | 5,198 | - | - | - |
Net cash provided by operating activities from discontinued operations | |||||||||
0 | 945 | 831 | - | - | - | - | - | - | - |
Net cash provided by (used in) operating activities | |||||||||
- | - | - | -1,267 | 168 | 4,494 | - | 2,335 | 122 | 2,502 |
INVESTING ACTIVITIES: | |||||||||
Proceeds from landlord for tenant improvements | |||||||||
0 | 34 | 0 | - | - | - | - | - | - | - |
Proceeds from sale of fixed assets | |||||||||
0 | 1 | 0 | - | - | - | - | - | - | - |
Proceeds received on notes receivable from stockholder | |||||||||
- | - | - | 67 | 0 | - | - | - | - | - |
Proceeds from sale of fixed assets | |||||||||
- | - | - | 22 | 16 | 0 | - | - | - | - |
Proceeds from sale of inventory | |||||||||
- | - | - | 321 | 0 | - | - | - | - | - |
Purchase of certificates of deposit | |||||||||
- | - | - | - | - | - | - | - | 4,647 | 5,014 |
Maturity of certificates of deposit | |||||||||
- | - | - | - | - | - | - | 4,095 | 6,076 | 5,967 |
Capital expenditures | |||||||||
538 | 266 | 171 | 384 | 204 | 148 | 281 | 590 | 368 | 151 |
Proceeds from sale of Comnet | |||||||||
0 | 4,200 | 0 | - | - | - | - | - | - | - |
Purchase of Schrofftech, net of cash acquired ($99) | |||||||||
458 | 0 | - | - | 5,132 | 0 | - | - | 2,800 | - |
Net cash used in investing activities | |||||||||
-996 | 3,969 | -171 | - | - | - | -281 | - | - | - |
Net cash used in investing activities from discontinued operations | |||||||||
0 | -272 | 0 | - | - | - | - | - | - | - |
Net cash used in investing activities | |||||||||
- | - | - | 26 | -5,320 | -148 | - | 3,505 | -1,738 | 801 |
FINANCING ACTIVITIES: | |||||||||
Proceeds from exercise of stock options | |||||||||
660 | 1,113 | 55 | 49 | 328 | 570 | 2,761 | 354 | 981 | 205 |
Excess tax benefit from exercise of stock options | |||||||||
- | - | 5 | 154 | 83 | 327 | 1,060 | 87 | 312 | 78 |
Purchase of treasury stock | |||||||||
- | - | - | 158 | 0 | 104 | 0 | 1,143 | 102 | - |
Principal payments on long-term debt | |||||||||
- | - | - | - | - | - | - | 20 | 14 | - |
Dividends paid | |||||||||
748 | 730 | 707 | 1,141 | 2,382 | 2,302 | 2,349 | 1,387 | 2,528 | 84 |
Net cash provided by financing activities | |||||||||
-88 | 383 | -647 | -1,096 | -1,971 | -1,509 | - | -2,109 | -1,352 | 199 |
Net increase (decrease) in cash and cash equivalents | |||||||||
-3,794 | 10,295 | - | - | - | - | - | - | - | - |
Net cash (used in) provided by financing activities | |||||||||
- | - | - | - | - | - | 1,472 | - | - | - |
Net increase (decrease) in cash and cash equivalents | |||||||||
- | - | 781 | -2,337 | -7,123 | 2,837 | 6,389 | 3,731 | -2,968 | 3,502 |
Supplemental cash flow information - income taxes paid | |||||||||
739 | 1,826 | 349 | 208 | 645 | 442 | 1,845 | 955 | 925 | 928 |
Supplemental schedule of noncash investing and financing activities: | |||||||||
Disposal of fully depreciated property and equipment | |||||||||
0 | 90 | 0 | - | - | - | - | - | - | - |
Write off of deferred rent from sale of Comnet | |||||||||
0 | 9 | 0 | - | - | - | - | - | - | - |
Retirement of treasury stock | |||||||||
- | - | - | 157 | 0 | 104 | - | - | - | - |
Interest paid | |||||||||
- | - | - | - | - | - | - | - | 28 | - |
Retirement of treasury stock | |||||||||
- | - | - | - | - | - | 0 | 1,143 | 102 | - |
Sale of fully depreciated property and equipment | |||||||||
- | - | - | - | - | 14 | 26 | 1,109 | - | - |
Write off of fully depreciated fixed assets | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Stock issuance for acquisition of businesses (Comnet and Rel-Tech) | |||||||||
- | - | - | - | 1,260 | 0 | - | - | 2,800 | - |