XML 21 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 4,661 $ 3,530 $ 6,631
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,828 2,075 2,530
Discontinued operations gain on sale of Fly.com domain name 0 (2,890) 0
Stock-based compensation 915 1,006 933
Deferred income tax (336) 309 (199)
Loss on equity investment in WeekenGO 218 0 0
Net foreign currency effect 42 (354) (315)
Other (119) 118 100
Changes in operating assets and liabilities:      
Accounts receivable (1,519) 3,065 1,313
Income tax receivable 129 28 816
Prepaid expenses and other 104 (487) 957
Accounts payable (25) (1,588) (2,463)
Accrued expenses and other 0 (475) (1,747)
Income tax payable (392) 261 287
Other non-current liabilities (189) (2,522) (121)
Net cash provided by operating activities 5,317 2,076 8,722
Cash flows from investing activities:      
Purchases of property and equipment (752) (738) (909)
Proceeds from sale of Fly.com domain name 0 2,890 0
Proceeds from sale of property and equipment 150    
Investment in WeekenGO (3,083) 0 0
Net cash provided by (used in) investing activities (3,685) 2,152 (909)
Cash flows from financing activities:      
Acquisition of the Asia Pacific business 0 0 58
Payment of loan to related party 0 0 (5,658)
Repurchase of common stock (5,292) (9,712) (9,662)
Net cash used in financing activities (5,292) (9,712) (15,262)
Effect of exchange rate changes on cash and cash equivalents (880) 1,249 (876)
Net decrease in cash, cash equivalents and restricted cash (4,540) (4,235) (8,325)
Cash, cash equivalents and restricted cash at beginning of year 24,001 28,236 36,561
Cash, cash equivalents and restricted cash at end of year 19,461 24,001 28,236
Supplemental disclosure of cash flow information:      
Cash paid for income taxes, net 4,276 6,201 3,309
Cash paid for interest $ 0 $ 0 $ 88