Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (539) $ (1,526)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 202 189
Noncash lease expense 834 914
Deferred income taxes 870 (3)
Changes in assets and liabilities:    
Inventories 2,314 1,881
Other current assets 845 (752)
Other assets 82 (35)
Accounts payable 402 (956)
Accrued commissions 212 (5,475)
Other accrued expenses (617) (1,946)
Deferred revenue (1,872) (3,409)
Amounts held in eWallets (1,560) (765)
Operating lease liabilities (811) (964)
Income taxes payable (1,617) (1,617)
Other current liabilities 237 (318)
Long-term incentive 0 (277)
Net cash used in operating activities (1,018) (15,059)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (68) (141)
Net cash used in investing activities (68) (141)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of common stock 0 (6,682)
Dividends paid (4,570) (2,736)
Net cash used in financing activities (4,570) (9,418)
Effect of exchange rates on cash, cash equivalents and restricted cash (50) 73
Net decrease in cash, cash equivalents and restricted cash (5,706) (24,545)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 99,425 135,651
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 93,719 111,106
SUPPLEMENTAL DISCLOSURES OF OTHER CASH FLOW INFORMATION:    
Issuance of treasury stock for employee awards, net 0 377
Right-of-use assets obtained in exchange for operating lease liabilities $ 1,081 $ 4,697