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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net Income $ 12,764 $ 11,847
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Non-Cash Compensation 1,406 1,962
Depreciation and Amortization 637 493
Provision for Losses on Accounts Receivable, net of write-offs and recoveries (408) 75
Deferred Taxes 85 (247)
Provision for Inventory Reserves (100) (5)
Changes in Assets and Liabilities:    
Accounts Receivable 1,091 (512)
Inventories (294) (2,534)
Right-Of-Use Assets 237 (680)
Other Assets (811) (944)
Accounts Payable (230) 103
Accrued Compensation (962) (2,115)
Accrued Commissions and Sales Incentives (1,040) 28
Lease Liabilities (242) 698
Other Liabilities (792) 1,504
Net Cash Provided by Operating Activities 11,341 9,673
Cash Flows from Investing Activities:    
Purchase of Investments (45,921)
Net Proceeds from Sale of Investments 38,000
Capital Expenditures (381) (1,022)
Net Cash Used in Investing Activities (381) (8,943)
Cash Flows from Financing Activities:    
Dividends Paid (8,479) (7,807)
Net Cash Used in Financing Activities (8,479) (7,807)
Net Increase (Decrease) in Cash and Cash Equivalents 2,481 (7,077)
Translation effect on cash (2) (157)
Cash and Cash Equivalents – Beginning of Period 16,098 32,392
Cash and Cash Equivalents – End of Period 18,577 25,158
Supplemental Disclosure of Cash Flow Information:    
Cash paid for Income Taxes 4,939 4,342
Cash paid for Interest 112
Declared Dividends $ 8,479 $ 8,211