Operating activities | |
Net income | -6.01M |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | |
Depreciation and amortization | 3.02M |
Amortization of capitalized loan costs | |
Amortization of unearned stock compensation | 856K |
Provision for doubtful accounts | 285K |
Provision for returns and allowances | |
Provision for inventory obsolescence | 93K |
Deferred income taxes | 6K |
Changes in operating assets and liabilities: | |
Accounts receivable | 4.02M |
Inventories | 10.48M |
Prepaids | |
Other assets | |
Book overdraft | |
Trade accounts payable | 896K |
Accrued and other current liabilities | |
Income taxes payable | -1.02M |
Other long term obligations | |
Net cash provided by (used in) operating activities | |
Investing activities | |
Expenditures for property and equipment | -1.32M |
Cash paid for acquisition | -32.37M |
Net cash used in investing activities | |
Financing activities | |
Borrowings on revolver | |
Payments on revolver | |
Proceeds from exercise of stock options | 0 |
Excess tax benefit for stock options | 0 |
Payment of dividends | -2.5M |
Net cash provided by financing activities | |
Net change in cash | 0 |
Cash at beginning of period | 0 |
Cash at end of period | 0 |