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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net Income $ 23,652 $ 26,256 $ 19,967
Adjustments to Reconcile Net Income to      
Non-Cash Compensation Expense 156 506 1,453
Depreciation and Amortization 1,096 1,020 870
Provision for Losses on Accounts Receivable, net of write-offs and recoveries (301) 286 (299)
Deferred Taxes (1,337) 305 (212)
Provision for Inventory Reserves 91 101 45
Changes in Assets and Liabilities:      
Accounts Receivable 3,396 (943) (2,683)
Inventories (2,578) (4,185) (440)
Right-Of-Use Assets 481 328 278
Other Assets (4,429) (509) (176)
Accounts Payable (1,002) 894 79
Accrued Compensation (3,194) 1,582 804
Accrued Commissions and Sales Incentives (2,179) 2,835 (110)
Lease Liabilities (475) (335) (287)
Other Liabilities 1,869 (2,992) 21
Net Cash Provided by Operating Activities 15,246 25,149 19,310
Cash Flows from Investing Activities:      
Capital Expenditures (942) (971) (564)
Net Cash Used In Investing Activities (942) (971) (564)
Cash Flows from Financing Activities:      
Dividends Paid (9,489) (14,867) (11,306)
Net Cash Used In Financing Activities (9,489) (14,867) (11,306)
Net Increase in Cash and Cash Equivalents 4,815 9,311 7,440
Translation effect on cash (25) (31) 95
Cash and Cash Equivalents - Beginning of Year 32,913 23,633 16,098
Cash and Cash Equivalents - End of Year 37,703 32,913 23,633
Supplemental Disclosure of Cash Flow Information      
Cash paid for Income Taxes 8,678 9,602 6,436
Cash paid for Interest 112
Declared Dividend 3,232 2,826
Additions to Right-Of-Use Assets obtained from new operating Lease Liabilities $ 644 $ 3,261