XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 5,224 $ 3,870
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,889 4,531
Stock-based compensation 1,729 985
Gain on disposition of assets (288) (116)
Deferred taxes 144
Foreign currency adjustments (533)
Adjustment to contingent consideration (33) 300
Other 111 55
Cash provided by changes in operating assets and liabilities:    
Accounts receivable, net 643 2,132
Inventories, net 1,022 960
Prepaid expenses and other current assets (1,301) (2,241)
Accounts payable (70) (132)
Accrued liabilities and taxes payable (866) (1,819)
Unearned revenues (177) (312)
Contingent consideration (683) (456)
Net cash provided by operating activities 10,200 7,368
Cash flows from investing activities:    
Acquisitions (62)
Proceeds from sale of assets 2,222 1,133
Purchases of property, plant and equipment (849) (2,012)
Net cash provided by (used in) investing activities 1,373 (941)
Cash flows from financing activities:    
Proceeds from the issuance of debt 4,000
Payments on debt (13,250) (7,000)
Dividends (1,226) (1,201)
Proceeds from the exercise of stock options 3,176 2,064
Net cash used in financing activities (11,300) (2,137)
Effect of exchange rate changes on cash and cash equivalents (117) 158
Net increase in cash and cash equivalents 156 4,448
Cash and cash equivalents at the beginning of the period 5,469 5,820
Cash and cash equivalents at the end of the period 5,625 10,268
Cash paid for:    
Income taxes paid 5,310 2,446
Interest paid $ 938 $ 1,007