XML 17 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net Income $ 18,656 $ 12,764
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Non-Cash Compensation 579 1,406
Depreciation and Amortization 697 637
Provision for Losses on Accounts Receivable, net of write-offs and recoveries 105 (408)
Deferred Taxes 303 85
Provision for Inventory Reserves 303 (100)
Changes in Assets and Liabilities:    
Accounts Receivable (2,165) 1,091
Inventories (1,671) (294)
Right-Of-Use Assets 201 237
Other Assets (1,309) (811)
Accounts Payable (605) (230)
Accrued Compensation (235) (962)
Accrued Commissions and Sales Incentives 1,148 (1,040)
Lease Liabilities (209) (242)
Other Liabilities (2,634) (792)
Net Cash Provided by Operating Activities 13,164 11,341
Cash Flows from Investing Activities:    
Capital Expenditures (720) (381)
Net Cash Used in Investing Activities (720) (381)
Cash Flows from Financing Activities:    
Dividends Paid (8,809) (8,479)
Net Cash Used in Financing Activities (8,809) (8,479)
Net Increase in Cash and Cash Equivalents 3,635 2,481
Translation effect on cash (23) (2)
Cash and Cash Equivalents – Beginning of Period 23,633 16,098
Cash and Cash Equivalents – End of Period 27,245 18,577
Supplemental Disclosure of Cash Flow Information:    
Cash paid for Income Taxes 7,455 4,939
Cash paid for Interest 112
Declared Dividends 9,011 8,479
Supplemental Schedule of Non-Cash Investing and Financing Activities:    
Additions to Right-Of-Use Assets obtained from new operating Lease Liabilities $ 3,261