XML 17 R7.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net Income $ 13,270 $ 15,865
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Non-Cash Compensation 60 285
Non-Cash Lease Expense 565 346
Depreciation and Amortization 886 802
Provision for Losses on Accounts Receivable, net of write-offs (331) (248)
Deferred Taxes 525 917
Provision for Inventory Reserves 20 921
Changes in Assets and Liabilities:    
Accounts Receivable 1,584 1,587
Inventories (347) 724
Other Assets (1,130) (1,077)
Accounts Payable 490 (818)
Accrued Compensation (1,723) (1,301)
Accrued Commissions and Sales Incentives (1,126) (1,579)
Lease Liability - Operating (235) (343)
Other Liabilities (1,411) (4,585)
Net Cash Provided by Operating Activities 11,097 11,496
Cash Flows from Investing Activities:    
Capital Expenditures (1,443) (1,455)
Net Cash Used in Investing Activities (1,443) (1,455)
Cash Flows from Financing Activities:    
Dividends Paid (10,095) (9,793)
Net Cash Used in Financing Activities (10,095) (9,793)
Net (Decrease) Increase in Cash and Cash Equivalents (441) 248
Translation effect on cash (42) 3
Cash and Cash Equivalents – Beginning of Period 46,356 37,703
Cash and Cash Equivalents – End of Period 45,873 37,954
Supplemental Disclosure of Cash Flow Information:    
Cash paid for Income Taxes 4,562 5,167
Declared Dividends 10,195 9,892
Additions to Right-Of-Use Assets obtained from new operating Lease Liabilities $ 2,813 $ 37