v3.19.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (1,923) $ 8,824
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 93 131
Noncash lease expense 447 0
Changes in assets and liabilities:    
Inventories (192) 473
Other current assets (1,159) 1,548
Other assets (2) (5)
Accounts payable (174) 920
Accrued commissions (3,575) (1,119)
Other accrued expenses (795) 1,483
Deferred revenue (3,030) (333)
Amounts held in eWallets (142) (466)
Operating lease liabilities (499)  
Other current liabilities (241) (3)
Long-term incentive (158) (308)
Net cash provided by (used in) operating activities (11,350) 11,145
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (46) (17)
Net cash used in investing activities (46) (17)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (2,736) (1,479)
Net cash used in financing activities (2,736) (1,479)
Effect of exchange rates on cash, cash equivalents and restricted cash 248 247
Net increase (decrease) in cash, cash equivalents and restricted cash (13,884) 9,896
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 135,651 138,478
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 121,767 148,374
SUPPLEMENTAL DISCLOSURES OF OTHER CASH FLOW INFORMATION:    
Issuance of treasury stock for employee awards, net 377 $ 554
Right-of-use assets obtained in exchange for operating lease liabilities $ 4,462  

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