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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net Income $ 7,936 $ 8,453
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Non-Cash Compensation 142 1,145
Depreciation and Amortization 421 301
Provision for Losses on Accounts Receivable, net of write-offs and recoveries (531) (42)
Deferred Taxes (145) (355)
Provision for Inventory Reserves (55) (29)
Changes in Assets and Liabilities:    
Accounts Receivable 3,371 (199)
Inventories (63) (1,388)
Right-Of-Use Assets 163 (778)
Other Assets 1,092 919
Accounts Payable (206) (1,043)
Accrued Compensation (2,258) (3,019)
Accrued Commissions and Sales Incentives (1,605) (861)
Lease Liabilities (166) 796
Other Liabilities 1,207 1,179
Net Cash Provided by Operating Activities 9,303 5,079
Cash Flows from Investing Activities:    
Purchase of Investments (22,954)
Net Proceeds from Sale of Investments 15,000
Capital Expenditures (187) (722)
Net Cash Used in Investing Activities (187) (8,676)
Cash Flows from Financing Activities:    
Dividends Paid (5,653) (4,844)
Net Cash Used in Financing Activities (5,653) (4,844)
Net Increase (Decrease) in Cash and Cash Equivalents 3,463 (8,441)
Translation effect on cash (74) (31)
Cash and Cash Equivalents – Beginning of Period 16,098 32,392
Cash and Cash Equivalents – End of Period 19,487 23,920
Supplemental Disclosure of Cash Flow Information:    
Cash paid for Income Taxes 458 2,404
Cash paid for Interest 112
Declared Dividends $ 5,653 $ 5,248