| 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) Attributable to Parent | ||||||||||
5,911 | 26,751 | 19,989 | 22,647 | 27,105 | 27,249 | 17,837 | 12,086 | 14,686 | 11,280 | 7,895 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Depreciation | ||||||||||
898 | 867 | 1,044 | 969 | 1,050 | 579 | 410 | 349 | 264 | 274 | 241 |
Amortization of intangible assets | ||||||||||
1,726 | 1,672 | 1,872 | 1,960 | 1,546 | 359 | 359 | 472 | 498 | 155 | 13 |
Fair value adjustment of deferred acquisition liabilities | ||||||||||
- | - | - | - | - | - | - | - | -31 | 156 | 23 |
Gain on sale of available for sale investment | ||||||||||
- | - | - | - | - | - | - | 1,900 | - | - | - |
Unrealized (gains) losses on investments | ||||||||||
3,650 | -737 | 617 | 510 | -613 | 75 | -325 | 344 | -291 | 694 | 588 |
Loss on disposal of property | ||||||||||
- | - | - | - | - | - | - | - | -20 | - | - |
Stock based compensation expense | ||||||||||
10,305 | 15,283 | 16,430 | 15,954 | 17,574 | 13,685 | 11,679 | 10,521 | 9,969 | 9,269 | 7,666 |
Deferred income taxes | ||||||||||
-2,906 | 1,749 | -7,542 | -149 | 3,285 | 2,133 | 937 | 1,819 | 93 | 350 | - |
Excess tax benefits from stock-based compensation | ||||||||||
- | - | - | 165 | 1,455 | 1,850 | 696 | 981 | 805 | 1,026 | 1,518 |
Deferred income taxes | ||||||||||
- | - | - | - | - | - | - | - | - | - | -73 |
Gain on sale of operations | ||||||||||
0 | 524 | 0 | 0 | - | - | - | - | - | - | - |
Gain on sale of operations | ||||||||||
1,151 | 1,062 | 1,042 | 269 | -58 | 0 | 0 | - | - | - | - |
Other | ||||||||||
- | - | - | - | - | - | - | -1 | - | - | - |
Change in operating assets and liabilities: | ||||||||||
Net sales of investments - trading securities | ||||||||||
-15,811 | 15,194 | -5,778 | -16,345 | -6,684 | 14,991 | 4,993 | 7,692 | 10,285 | 714 | 9,721 |
Accounts receivable | ||||||||||
-5,404 | -2,678 | -2,161 | 3,493 | 5,192 | 369 | 5,702 | 1,208 | 359 | 572 | -6,232 |
Other current assets | ||||||||||
608 | -3,755 | 4,234 | -567 | 375 | -70 | 887 | -61 | 755 | 18 | -76 |
Accounts payable and accrued liabilities | ||||||||||
-382 | -644 | 763 | -926 | 1,174 | 353 | 450 | -39 | 381 | -2,167 | -101 |
Compensation and benefits payable | ||||||||||
-5,018 | -3,636 | 2,262 | -2,848 | 2,912 | 1,307 | 3,598 | 1,846 | - | - | - |
Compensation and benefits payable | ||||||||||
- | - | - | - | - | - | - | - | 3,308 | 2,343 | -779 |
Income taxes payable | ||||||||||
-849 | 1,643 | -4,816 | -3,655 | 6,890 | 2,406 | 160 | 2,147 | 989 | 838 | 1,298 |
Other liabilities | ||||||||||
-1,433 | -1,217 | -1,207 | 129 | 25 | -67 | 102 | -25 | 470 | -497 | -58 |
Purchases of available for sale investments | ||||||||||
- | - | - | - | - | - | - | - | - | 39,877 | 64,984 |
Sales of available for sale investments | ||||||||||
- | - | - | - | - | - | - | 1,900 | - | 39,257 | 63,597 |
Net Cash Provided by (Used in) Operating Activities | ||||||||||
32,172 | 31,484 | 48,009 | - | - | - | - | - | 18,548 | 18,277 | 10,606 |
Net cash provided by operating activities | ||||||||||
- | - | - | 47,392 | 55,208 | 26,523 | 21,705 | 13,475 | - | - | - |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||
Acquisition of Woodway, net of cash acquired | ||||||||||
- | - | - | - | 24,133 | 0 | 0 | - | 816 | 4,993 | 251 |
Purchases of property, equipment and other | ||||||||||
593 | 991 | 1,167 | 1,819 | 951 | 478 | 1,201 | - | - | - | - |
Purchase of property and equipment | ||||||||||
- | - | - | - | - | - | - | 264 | 1,431 | 49 | 86 |
Common stock issued for acquisition | ||||||||||
- | - | - | 3,734 | 5,292 | 0 | 0 | - | - | - | - |
Non-cash accrued contingent consideration | ||||||||||
- | - | - | - | 9,023 | 0 | 0 | - | - | - | - |
Accrued dividends | ||||||||||
8,666 | 9,286 | 9,074 | 8,446 | 7,448 | 6,318 | 5,201 | - | - | - | - |
Non Cash Accrued PP&E | ||||||||||
0 | 0 | 69 | 0 | 0 | - | - | - | - | - | - |
Payments to Acquire Intangible Assets | ||||||||||
-584 | - | - | - | - | - | - | - | - | - | - |
Net Cash Provided by (Used in) Investing Activities | ||||||||||
-4,848 | 3,597 | -1,167 | - | - | - | - | - | -2,244 | -5,662 | -1,724 |
Proceeds from Divestiture of Businesses | ||||||||||
0 | 10,000 | 0 | 0 | - | - | - | - | - | - | - |
Payments to Acquire Investments | ||||||||||
3,671 | -5,425 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from Sale of Property, Plant, and Equipment | ||||||||||
- | - | - | 9 | 0 | - | - | - | 3 | - | - |
Net cash provided by (used in) investing activities | ||||||||||
- | - | - | -1,810 | -25,084 | -478 | -1,201 | 1,636 | - | - | - |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||
Purchases of treasury stock | ||||||||||
2,414 | 4,000 | 0 | 5,634 | 0 | 0 | 878 | - | 5,957 | 2,723 | 2,526 |
Payment for Repurchases of Stock for Benefit Plan | ||||||||||
980 | 726 | 1,326 | 614 | 1,327 | 669 | - | - | - | - | - |
Restricted stock returned for payment of taxes | ||||||||||
2,387 | 4,768 | 5,328 | 3,857 | 5,648 | 5,190 | 3,789 | 3,796 | - | - | - |
Excess tax benefits from stock-based compensation | ||||||||||
- | - | - | 165 | 1,455 | 1,850 | 696 | 981 | 805 | 1,026 | 1,518 |
Other Payments to Acquire Businesses | ||||||||||
- | - | - | 5,562 | 0 | - | - | - | - | - | - |
Proceeds from exercise of stock options | ||||||||||
- | - | - | - | - | - | - | 210 | 286 | 213 | 33 |
Cash dividends paid | ||||||||||
26,089 | 24,621 | 21,923 | 19,442 | 16,619 | 13,962 | 9,330 | 13,981 | 7,918 | 12,266 | 8,526 |
Net Cash Provided by (Used in) Financing Activities | ||||||||||
-31,870 | -34,115 | -28,577 | - | - | - | - | - | -12,784 | -13,750 | -9,501 |
Net cash used in financing activities | ||||||||||
- | - | - | -34,944 | -22,139 | -17,971 | -13,301 | -16,586 | - | - | - |
Effect of currency rate changes on cash | ||||||||||
1,863 | -2,766 | 2,305 | 301 | -3,376 | -807 | -156 | 28 | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||||||
-2,683 | -1,800 | 20,570 | 10,939 | 4,609 | 7,267 | 7,047 | -1,447 | 3,520 | -1,135 | -619 |
Supplemental cash flow information: | ||||||||||
Cash paid during the period for income taxes | ||||||||||
1,431 | 9,766 | 10,770 | 14,860 | 11,639 | 14,418 | 11,031 | 7,600 | 7,502 | 5,937 | 3,199 |