XML 45 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flow from operating activities:    
Net loss $ (1,483) $ (13,365)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Impairment charges 0 5,524
Depreciation and amortization 2,150 2,930
Stock-based compensation 846 725
Deferred income taxes (271) 4,995
Pension cost 542 358
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable 3,745 3,512
Prepaid expenses and other current assets (53) 183
Other assets 524 (226)
Accounts payable and accrued expenses 90 (885)
Accrued salaries, wages and related benefits (59) (1,467)
Restricted shares withheld for taxes (37) (31)
Income and other taxes (188) (771)
Net cash provided by operating activities 5,806 1,482
Cash flow from investing activities:    
Capital expenditures (1,797) (3,473)
Acquisition of business (3,225) 0
Sale of investments - other 0 1,976
Net cash used in investing activities (5,022) (1,497)
Cash flow from financing activities:    
Proceeds from equipment financing 859 0
Proceeds from exercise of stock options 351 73
Payment of long term obligations (652) (379)
Net cash provided by (used in) financing activities 558 (306)
Effect of exchange rate changes on cash and cash equivalents (62) 0
Net increase (decrease) in cash and cash equivalents 1,280 (321)
Cash and cash equivalents, beginning of period 24,752 25,425
Cash and cash equivalents, end of period 26,032 25,104
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 828 1,129
Vendor financed software licenses acquired $ 1,205 $ 0