XML 24 R6.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income $ 4,754 $ 3,097
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 999 1,390
Stock-based compensation 876 763
Deferred income tax 431 (96)
Gain from sale of property and equipment 0 (143)
Loss on equity investment in WeekenGO 611 85
Net foreign currency effect 59 (77)
Other 132 77
Changes in operating assets and liabilities:    
Accounts receivable (127) (1,086)
Income tax receivable (541) (350)
Prepaid expenses and other (3) 420
Accounts payable (3,971) (3,600)
Accrued expenses and other (442) (248)
Income tax payable (36) (65)
Other liabilities (816) (131)
Net cash provided by operating activities 1,926 36
Cash flows from investing activities:    
Proceeds from sale of property and equipment 0 150
Investment in WeekenGO (673) (3,083)
Purchases of property and equipment (350) (666)
Net cash used in investing activities (1,023) (3,599)
Cash flows from financing activities:    
Repurchase of common stock (8,768) (2,873)
Proceeds from exercise of stock options, net of taxes paid for net share settlement of equity awards 1,712 0
Net cash used in financing activities (7,056) (2,873)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (395) (333)
Net decrease in cash, cash equivalents and restricted cash (6,548) (6,769)
Cash, cash equivalents and restricted cash at beginning of period 19,461 24,001
Cash, cash equivalents and restricted cash at end of period 12,913 17,232
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net 3,776 $ 2,963
Right-of-use assets obtained in exchange for lease obligations:    
Operating leases 7,578  
Cash paid for amounts included in the measurement of lease liabilities:    
Operating cash flows $ 4,084