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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net Income $ 4,200 $ 5,741
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Non-Cash Compensation 61 409
Non-Cash Lease Expense 170 120
Depreciation and Amortization 287 264
Provision for Losses on Accounts Receivable, net of write-offs and recoveries (292) (4)
Deferred Taxes 210 435
Provision for Inventory Reserves (142) 443
Changes in Assets and Liabilities:    
Accounts Receivable 1,376 102
Inventories 134 (393)
Other Assets 500 820
Accounts Payable 767 (244)
Accrued Compensation (2,598) (2,647)
Accrued Commissions and Sales Incentives (1,498) (1,729)
Lease Liability - Operating (115) (118)
Other Liabilities (356) (1,729)
Net Cash Provided by Operating Activities 2,704 1,470
Cash Flows from Investing Activities:    
Capital Expenditures (461) (453)
Net Cash Used in Investing Activities (461) (453)
Cash Flows from Financing Activities:    
Dividends Paid (3,332) (3,232)
Net Cash Used in Financing Activities (3,332) (3,232)
Net Decrease in Cash and Cash Equivalents (1,089) (2,215)
Translation effect on cash 1 (8)
Cash and Cash Equivalents – Beginning of Period 46,356 37,703
Cash and Cash Equivalents – End of Period 45,268 35,480
Supplemental Disclosure of Cash Flow Information:    
Cash paid for Income Taxes 90 102
Declared Dividends 3,331 3,229
Additions to Right-Of-Use Assets obtained from new operating Lease Liabilities $ 1,874 $ 6