| 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 | |||||||||
1,963 | 4,451 | 6,402 | 6,402 | 7,706 | 7,265 | 5,596 | 4,752 | 4,160 | 3,318 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
Income (loss) from discontinued operations | |||||||||
- | - | - | - | - | - | - | 1 | -1 | - |
Loss from discontinued operations | |||||||||
- | - | - | - | - | - | - | - | - | 56 |
- | - | - | - | - | - | - | 4,753 | 4,158 | - |
- | - | - | - | - | - | - | - | - | 3,261 |
Depreciation and amortization | |||||||||
1,797 | 1,875 | 1,719 | 1,567 | 1,436 | 1,194 | 1,068 | 1,016 | 972 | 1,125 |
Impairment of long-lived assets | |||||||||
285 | 0 | 0 | - | - | - | - | - | - | - |
(Gain) / Loss on disposal or abandonment of assets | |||||||||
-1 | -3 | -16 | -31 | -18 | -109 | - | - | - | - |
Loss on disposal or abandonment of assets | |||||||||
- | - | - | - | - | - | -21 | -84 | - | - |
Loss on disposal or abandonment of assets | |||||||||
- | - | - | - | - | - | - | - | -49 | -21 |
Impairment of equipment | |||||||||
- | - | - | - | - | - | - | - | - | 343 |
Non-cash stock-based compensation | |||||||||
327 | 239 | 199 | 145 | 67 | 11 | 10 | 33 | 41 | 2 |
Deferred income taxes | |||||||||
-90 | -215 | 205 | 289 | 183 | 445 | -120 | 256 | -90 | 40 |
Exchange (gain) / loss | |||||||||
-27 | -29 | -18 | 896 | 727 | 261 | 15 | - | - | - |
Net changes in assets and liabilities: | |||||||||
Other | |||||||||
- | - | - | - | - | - | - | 106 | -150 | -339 |
Accounts receivable-trade | |||||||||
-53 | -99 | 7 | -71 | -137 | -60 | -505 | 74 | 56 | 99 |
Inventory | |||||||||
-3,443 | 4,133 | -407 | 709 | 6,574 | 438 | 5,922 | -295 | 3,370 | 900 |
Prepaid expenses | |||||||||
-239 | -135 | 284 | -43 | -260 | 833 | 36 | -243 | - | - |
Other current assets | |||||||||
-27 | 48 | 70 | -87 | -320 | 325 | -55 | 135 | 264 | 14 |
Accounts payable-trade | |||||||||
-197 | -208 | -361 | 728 | -629 | 272 | -10 | 374 | 62 | 36 |
Accrued expenses and other liabilities | |||||||||
-181 | -983 | -108 | 651 | -414 | -119 | 1,287 | -252 | 905 | 810 |
Income taxes | |||||||||
308 | -923 | 415 | 212 | 609 | -158 | 525 | -84 | -186 | -147 |
Total adjustments | |||||||||
5,424 | -2,283 | 1,319 | 1,796 | -6,529 | 274 | -3,682 | 1,819 | -1,413 | 1,852 |
Net cash used in operating activities | |||||||||
- | - | - | - | 1,177 | - | - | 6,573 | 2,744 | 5,113 |
Cash used in discontinued operating activities | |||||||||
- | - | - | - | - | - | - | -1 | -23 | 161 |
Net cash provided by operating activities | |||||||||
7,388 | 2,167 | 7,721 | 8,198 | - | 7,539 | 1,913 | 6,572 | 2,721 | 5,274 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||
Purchase of property and equipment | |||||||||
1,091 | 1,689 | 1,697 | 2,164 | 2,204 | 3,770 | 2,686 | 1,100 | 1,553 | 791 |
Purchase of intangible property | |||||||||
- | - | - | 10 | 0 | 0 | - | - | - | - |
Proceeds from maturities of certificates of deposit | |||||||||
- | - | - | - | - | - | 423 | - | - | - |
Purchases of certificates of deposit | |||||||||
- | - | - | - | - | - | - | 87 | 2,572 | 8,671 |
Proceeds from maturities of certificates of deposit | |||||||||
- | - | - | - | - | - | - | 1,285 | 5,968 | 6,665 |
Proceeds from sales of assets | |||||||||
27 | 35 | 153 | 11 | 20 | 5 | 1 | 26 | 7 | 2 |
Increase (decrease) in other assets | |||||||||
3 | 43 | 1 | -0 | -11 | 5 | -4 | 21 | 4 | 1 |
Net cash used in investing activities | |||||||||
- | - | - | - | -2,171 | - | - | - | - | -2,796 |
Net cash used in investing activities | |||||||||
-1,067 | -1,697 | -1,545 | -2,162 | - | -3,769 | -2,256 | 101 | 1,845 | -2,796 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||
Net increase (decrease) in revolving credit loans | |||||||||
- | - | - | -3,500 | 3,500 | 0 | - | - | - | - |
Proceeds from notes payable and long-term debt | |||||||||
1,596 | - | 3,660 | 3,711 | 0 | 0 | - | - | - | - |
Net cash provided by (used in) investing activities | |||||||||
-1,067 | -1,697 | -1,545 | -2,162 | - | - | - | - | 1,845 | -2,796 |
Payments on notes payable and long-term debt | |||||||||
- | - | - | 2,143 | 455 | 506 | 202 | 202 | 202 | 202 |
Payments on capital lease obligations | |||||||||
- | 72 | 79 | 79 | 0 | 0 | - | - | - | - |
Repurchase of common stock (treasury stock) | |||||||||
1,653 | - | 3,675 | 3,708 | 0 | 0 | - | - | 441 | 1,624 |
Proceeds from exercise of stock options | |||||||||
- | 223 | - | 9 | - | - | - | - | - | - |
Payment of cash dividend | |||||||||
- | - | - | - | 2,549 | 0 | 2,536 | - | - | - |
Payment of cash dividend | |||||||||
- | - | - | - | - | - | - | - | 7,690 | - |
Proceeds from issuance of common stock | |||||||||
- | - | - | - | 52 | 113 | 20 | - | 170 | 24 |
Net cash used in financing activities | |||||||||
-56 | 150 | -94 | -5,710 | 547 | -392 | -2,717 | -202 | -8,164 | -2,395 |
Net cash provided by (used in) financing activities | |||||||||
- | - | - | - | - | - | - | - | - | -2,395 |
Effect of exchange rate changes on cash | |||||||||
-530 | 853 | -181 | - | - | - | - | - | - | - |
Net cash used in financing activities | |||||||||
-56 | 150 | -94 | -5,710 | - | - | - | - | -8,164 | -2,395 |
NET (DECREASE) INCREASE IN CASH | |||||||||
5,733 | 1,474 | 5,899 | 326 | -446 | 3,377 | -3,060 | 6,471 | -3,598 | 81 |
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | |||||||||
Interest paid during the period | |||||||||
304 | 205 | 155 | 330 | - | - | - | - | - | - |
Interest paid during the period | |||||||||
- | - | - | - | 225 | 206 | 240 | 248 | 265 | 297 |
Income tax paid during the period, net of (refunds) | |||||||||
2,138 | 1,788 | 4,215 | 3,743 | 4,604 | 3,348 | 4,004 | 2,437 | 2,208 | 1,622 |
Equipment purchased via capital lease arrangements | |||||||||
- | - | - | 231 | 0 | 0 | - | - | - | 593 |