v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 25,476 $ 28,066
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 332 414
Stock-based compensation 0 26
Cumulative translation adjustment realized in net income 0 (258)
Changes in assets and liabilities:    
Inventories (2,828) 590
Other current assets 2,548 1,164
Other assets (83) (61)
Accounts payable 967 (1,121)
Income taxes payable (2,201) 392
Accrued commissions 2,003 (3,143)
Other accrued expenses 314 (5,064)
Deferred revenue 26 (1,364)
Amounts held in eWallets (930) (2,856)
Other current liabilities 438 51
Long-term incentive (800) (1,498)
Net cash provided by operating activities 25,262 15,338
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (176) (238)
Net cash used in investing activities (176) (238)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (27,644) (14,157)
Net cash used in financing activities (27,644) (14,157)
Effect of exchange rates on cash, cash equivalents and restricted cash (711) 218
Net (decrease) increase in cash, cash equivalents and restricted cash (3,269) 1,161
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 138,478 128,884
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 135,209 130,045
SUPPLEMENTAL DISCLOSURES OF OTHER CASH FLOW INFORMATION:    
Issuance of treasury stock for employee awards, net $ 554 $ 1,393

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