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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net Income $ 20,720 $ 23,652 $ 26,256
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Non-Cash Compensation Expense 292 156 506
Non-Cash Lease Expense 462 481 328
Depreciation and Amortization 1,099 1,096 1,020
Provision for Losses on Accounts Receivable, net of write-offs and recoveries 5 (301) 286
Deferred Taxes 728 (1,337) 305
Provision for Inventory Reserves 1,107 91 101
Changes in Assets and Liabilities:      
Accounts Receivable 2,182 3,396 (943)
Inventories 1,227 (2,578) (4,185)
Other Assets 1,344 (4,429) (509)
Accounts Payable (205) (1,002) 894
Accrued Compensation (590) (3,194) 1,582
Accrued Commissions and Sales Incentives (572) (2,179) 2,835
Lease Liabilities (461) (475) (335)
Other Liabilities (3,916) 1,869 (2,992)
Net Cash Provided by Operating Activities 23,422 15,246 25,149
Cash Flows from Investing Activities:      
Capital Expenditures (1,642) (942) (971)
Net Cash Used In Investing Activities (1,642) (942) (971)
Cash Flows from Financing Activities:      
Dividends Paid (13,124) (9,489) (14,867)
Net Cash Used In Financing Activities (13,124) (9,489) (14,867)
Net Increase in Cash and Cash Equivalents 8,656 4,815 9,311
Translation effect on cash (3) (25) (31)
Cash and Cash Equivalents - Beginning of Year 37,703 32,913 23,633
Cash and Cash Equivalents - End of Year 46,356 37,703 32,913
Supplemental Disclosure of Cash Flow Information      
Cash paid for Income Taxes 6,057 8,678 9,602
Cash paid for Interest
Declared Dividend 3,332 3,232
Additions to Right-Of-Use Assets obtained from new operating Lease Liabilities $ 65 $ 644 $ 3,261