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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net Income $ 8,674 $ 10,291
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Non-Cash Compensation 12 429
Non-Cash Lease Expense 353 230
Depreciation and Amortization 574 527
Provision for Losses on Accounts Receivable, net of write-offs and recoveries (350) (299)
Deferred Taxes (306) 165
Provision for Inventory Reserves (51) 683
Changes in Assets and Liabilities:    
Accounts Receivable 2,294 3,582
Inventories (303) (118)
Other Assets 1,552 1,921
Accounts Payable 195 (439)
Accrued Compensation (2,192) (2,075)
Accrued Commissions and Sales Incentives (1,579) (825)
Lease Liability - Operating (291) (228)
Other Liabilities (1,475) (4,387)
Net Cash Provided by Operating Activities 7,107 9,457
Cash Flows from Investing Activities:    
Capital Expenditures (1,099) (817)
Net Cash Used in Investing Activities (1,099) (817)
Cash Flows from Financing Activities:    
Dividends Paid (6,663) (6,461)
Net Cash Used in Financing Activities (6,663) (6,461)
Net (Decrease) Increase in Cash and Cash Equivalents (655) 2,179
Translation effect on cash 4 (7)
Cash and Cash Equivalents – Beginning of Period 46,356 37,703
Cash and Cash Equivalents – End of Period 45,705 39,875
Supplemental Disclosure of Cash Flow Information:    
Cash paid for Income Taxes 3,400 2,986
Declared Dividends 6,763 6,561
Additions to Right-Of-Use Assets obtained from new operating Lease Liabilities $ 2,748 $ 37