| Mar'19 | Apr'18 | Mar'18 | Mar'17 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||||
Net (loss) income | |||||||||||
5,545 | 5,195 | 5,195 | 1,445 | 1,445 | 5,340 | - | - | - | - | - | - |
Net income | |||||||||||
- | - | - | - | - | - | 8,634 | 16,249 | 17,793 | 16,436 | 10,018 | 9,138 |
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
3,618 | 3,992 | 3,992 | 4,238 | 4,238 | 4,730 | 4,583 | 4,865 | 4,979 | 4,844 | 4,445 | 4,116 |
Loss on sale of property and equipment | |||||||||||
- | - | - | -114 | -114 | - | 3 | 29 | 3 | 0 | 0 | - |
Non-cash stock-based compensation expense | |||||||||||
1,244 | 1,002 | 1,002 | 434 | 434 | 729 | 1,161 | 2,087 | 2,536 | 2,928 | 2,274 | 2,162 |
Deferred income taxes and other | |||||||||||
1,604 | -2,866 | -2,866 | -788 | -788 | -47 | 1,347 | -1,042 | -843 | 2,984 | -1,073 | 2,165 |
Change in trade accounts receivable | |||||||||||
6,103 | 23,158 | 23,158 | 6,388 | 6,388 | -1,256 | -7,923 | -14,681 | -6,570 | 23,039 | 5,033 | 16,073 |
Change in product inventory | |||||||||||
-477 | 8,338 | 8,338 | 10,080 | 10,080 | -18,459 | 10,407 | 1,042 | 7,553 | 7,650 | 718 | 8,451 |
Change in prepaid expenses and other current assets | |||||||||||
1,073 | 625 | 625 | -2,053 | -2,053 | -4,951 | 8,532 | -1,145 | 1,174 | 639 | 71 | -629 |
Change in trade accounts payable | |||||||||||
5,073 | 13,459 | 13,459 | 11,595 | 11,595 | -9,818 | 1,047 | -14,452 | -13,135 | 15,431 | 3,549 | 18,982 |
Change in payroll, benefits and taxes | |||||||||||
-2,361 | 1,519 | 1,519 | 1,844 | 1,844 | -604 | -2,138 | -4,008 | -5,533 | 9,869 | -1,631 | 2,479 |
Change in income and sales tax liabilities | |||||||||||
-1,590 | 974 | 974 | -107 | -107 | -375 | -645 | -53 | - | - | - | - |
Change in income and sales tax liabilities | |||||||||||
- | - | - | - | - | - | - | - | 606 | -531 | -11 | 380 |
Change in accrued expenses and other current liabilities | |||||||||||
1,812 | -402 | -402 | -1,309 | -1,309 | -4,480 | 8,109 | 264 | 320 | 48 | 269 | 41 |
Net cash provided by operating activities | |||||||||||
- | - | - | - | - | - | 11,079 | 18,665 | 3,352 | - | - | - |
Net cash (used in) provided by operating activities | |||||||||||
8,246 | -9,247 | -9,247 | 3,051 | 3,051 | 20,141 | - | - | - | 21,745 | 12,038 | 14,811 |
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||||
Acquisition of property and equipment | |||||||||||
2,855 | 1,646 | 1,646 | 730 | 730 | 547 | 2,950 | 4,745 | 5,357 | 6,513 | 4,842 | 3,058 |
Purchases of internal use software | |||||||||||
2,309 | 1,892 | 1,892 | 1,832 | 1,832 | 2,966 | - | - | - | - | - | - |
Additional earn-out payments on acquired businesses | |||||||||||
- | - | - | - | - | - | - | - | - | - | 2,852 | 2,382 |
Net cash used in investing activities | |||||||||||
-5,164 | -3,539 | -3,539 | -2,563 | -2,563 | -3,513 | - | - | - | -6,513 | -7,694 | -5,440 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||
Net borrowings from revolving line of credit | |||||||||||
3,542 | 10,835 | 10,835 | - | - | - | - | - | - | - | - | - |
Proceeds from note receivable | |||||||||||
- | 75 | 75 | - | - | - | - | - | - | - | - | - |
Proceeds from sale of property and equipment | |||||||||||
- | - | - | - | - | - | 3 | 29 | 3 | 0 | 0 | - |
Net cash used in investing activities | |||||||||||
- | - | - | - | - | - | -2,947 | -4,715 | -5,354 | - | - | - |
Payments of debt issuance costs | |||||||||||
- | - | - | 218 | 218 | - | - | - | - | - | - | 175 |
Payments on debt | |||||||||||
27 | 26 | 26 | 1,901 | 1,901 | 250 | 250 | 249 | 249 | 361 | 389 | 385 |
Proceeds from debt issuance | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 250 |
Proceeds from issuance of common stock | |||||||||||
279 | 148 | 148 | 137 | 137 | 153 | 195 | 213 | 174 | 829 | 403 | 122 |
Cash dividends paid | |||||||||||
6,754 | 6,701 | 6,701 | 6,656 | 6,656 | 6,615 | 6,628 | 6,086 | 11,830 | 4,273 | 3,020 | 1,476 |
Purchases of treasury stock and repurchases of stock from employees and directors for minimum tax withholdings | |||||||||||
- | - | - | - | - | - | - | - | 2,161 | - | - | - |
Purchases of treasury stock and repurchases of stock from employees and directors for minimum tax withholdings | |||||||||||
- | - | - | - | - | - | - | - | - | 1,888 | 1,569 | - |
Excess tax benefit from stock-based compensation | |||||||||||
- | - | - | - | - | 381 | 830 | 818 | 2,325 | 494 | 751 | -162 |
Purchases of treasury stock and repurchases of stock from employees | |||||||||||
111 | 65 | 65 | 192 | 192 | 937 | 6,223 | 1,646 | - | - | - | 484 |
Net cash used in financing activities | |||||||||||
- | - | - | - | - | - | -12,076 | -6,950 | -11,742 | - | - | - |
Net cash provided by financing activities | |||||||||||
-3,071 | 4,265 | 4,265 | -8,831 | -8,831 | -7,268 | - | - | - | -5,198 | -3,824 | -2,312 |
Net decrease in cash and cash equivalents | |||||||||||
10 | -8,520 | - | - | -8,342 | - | - | - | - | - | - | - |
Net (decrease) increase in cash and cash equivalents | |||||||||||
- | - | -8,520 | -8,342 | - | 9,358 | -3,943 | 6,999 | -13,743 | 10,033 | 519 | 7,058 |