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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net Income $ 15,865 $ 17,469
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Non-Cash Compensation 285 51
Non-Cash Lease Expense 346 380
Depreciation and Amortization 802 812
Provision for Losses on Accounts Receivable, net of write-offs and recoveries (248) (183)
Deferred Taxes 917 (613)
Provision for Inventory Reserves 921 (409)
Changes in Assets and Liabilities:    
Accounts Receivable 1,587 1,625
Inventories 724 (6,474)
Other Assets (1,077) (1,975)
Accounts Payable (818) (679)
Accrued Compensation (1,301) (4,078)
Accrued Commissions and Sales Incentives (1,579) (2,401)
Lease Liability - Operating (343) (376)
Other Liabilities (4,585) 1,420
Net Cash Provided by Operating Activities 11,496 4,569
Cash Flows from Investing Activities:    
Capital Expenditures (1,455) (817)
Net Cash Used in Investing Activities (1,455) (817)
Cash Flows from Financing Activities:    
Dividends Paid (9,793) (6,258)
Net Cash Used in Financing Activities (9,793) (6,258)
Net Increase (Decrease) in Cash and Cash Equivalents 248 (2,506)
Translation effect on cash 3 162
Cash and Cash Equivalents – Beginning of Period 37,703 32,913
Cash and Cash Equivalents – End of Period 37,954 30,569
Supplemental Disclosure of Cash Flow Information:    
Cash paid for Income Taxes 5,167 7,226
Declared Dividends 9,892 9,489
Supplemental Schedule of Non-Cash Investing and Financing Activities:    
Additions to Right-Of-Use Assets obtained from new operating Lease Liabilities $ 37 $ 644