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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Loss $ (5,340) $ (52,334) $ (1,496)
Loss from discontinued operations (200) (795)
Loss from continuing operations (5,340) (52,134) (701)
Adjustments required to reconcile loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 13,108 15,072 15,951
Goodwill impairment 20,402
Impairment of long lived assets 10,137
Stock-based compensation of options and RSUs 908 1,901 2,427
Accrued severance pay, net (267) (111) 300
Accrued interest and exchange rate differences on restricted cash and deposits, net (442) 842 858
Exchange rate differences on long-term loans (43) (288) (416)
Capital loss (gain) from disposal of property and equipment (88) 82 430
Deferred income taxes, net 4 1 7
Decrease (increase) in trade receivables, net (37,586) 4,553 (2,457)
Decrease (increase) in other assets (including short-term, long-term and deferred charges) (3,386) 998 (20,251)
Decrease (increase) in inventories 2,221 (2,821) (445)
Decrease (increase) in restricted cash directly related to operating activities, net 48,519 (87,004)
Increase (decrease) in trade payables 12,454 (5,133) 2,226
Increase in accrued expenses 30,149 2,935 5,401
Increase (decrease) in advances from customers (53,081) 79,884 (25,935)
Increase (decrease) in advances from customers held by trustees (18) (2,243) 14,068
Increase (decrease) in other current liabilities and other long-term liabilities 3,666 (1,860) (7,625)
Net cash provided by (used in) operating activities 10,778 (14,787) (16,162)
Cash flows from investing activities:      
Purchase of property and equipment (4,307) (3,930) (12,630)
Investment in restricted cash (including long-term) (17,001) (22,717) (12,788)
Proceeds from restricted cash (including long-term) 7,441 34,120 11,228
Investment in restricted cash held by trustees (16,200) (16,634) (24,869)
Proceeds from restricted cash held by trustees 16,498 21,501 12,306
Net cash provided by (used in) investing activities (13,569) 12,340 (26,753)
Cash flows from financing activities:      
Capital lease payments (309) (609) (234)
Issuance of shares in a rights offering, net of issuance costs 35,085
Issuance of restricted stock units and exercise of stock option 588 5,683 1,186
Payment of obligation related to the purchase of intangible asset (500) (500)
Short-term bank credit and loans, net (7,000) (5,897) 16,570
Repayment of long-term loans (4,443) (4,544) (4,633)
Net cash provided by (used in) financing activities 23,921 (5,867) 12,389
Effect of exchange rate changes on cash and cash equivalents 568 (977) (172)
Increase (decrease) in cash and cash equivalents 21,698 (9,291) (30,698)
Cash and cash equivalents at the beginning of the year 18,435 27,726 58,424
Cash and cash equivalents at the end of the year 40,133 18,435 27,726
Cash paid during the year for continuing operations:      
Interest 1,448 1,507 1,681
Income taxes 2,105 517 1,582
Non-cash transactions:      
Reclassification from inventories to property and equipment 2,452 2,519 2,857
Reclassification from property and equipment to inventories 733 114 381
Capital lease $ 26 $ 1,123