Component: (Network and Table)
Network
00500 - Statement - Consolidated Statements of Cash Flows
(http://www.waysidetechnology.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000945983 (http://www.sec.gov/CIK)
Condensed Consolidated Statements of Cash FlowsPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
Condensed Consolidated Statements of Cash Flows
 
 
 
Cash flows from operating activities
 
 
 
Net income
5,901,000  
5,830,000  
5,760,000  
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation and amortization expense
296,000  
253,000  
226,000  
(Benefit) provision for doubtful accounts receivable
(73,000) 
13,000  
43,000  
Deferred income tax expense
105,000  
(43,000) 
7,000  
Share-based compensation expense
1,673,000  
1,213,000  
1,305,000  
Loss on disposal of fixed assets
12,000  
  
Changes in operating assets and liabilities:
 
 
 
Accounts receivable
(27,939,000) 
1,085,000  
1,740,000  
Inventory
(361,000) 
(481,000) 
(176,000) 
Prepaid expenses and other current assets
42,000  
(72,000) 
1,171,000  
Accounts payable and accrued expenses
19,862,000  
322,000  
(4,333,000) 
Net change in other operating assets and liabilities
(34,000) 
65,000  
2,000  
Net cash (used in) provided by operating activities
(516,000) 
 
8,185,000  
 
5,745,000  
 
Cash flows used in investing activities
 
 
 
Purchase of equipment and leasehold improvements
(1,040,000) 
(200,000) 
(311,000) 
Net cash used in investing activities
(1,040,000) 
 
(200,000) 
 
(311,000) 
 
Cash flows used in financing activities
 
 
 
Purchase of treasury stock
(5,404,000) 
(4,638,000) 
(772,000) 
Proceeds from stock option exercises
 
574,000  
1,791,000  
Tax benefit from share-based compensation
141,000  
213,000  
716,000  
Dividends paid
(3,199,000) 
(3,242,000) 
(3,230,000) 
Net cash used in financing activities
(8,462,000) 
 
(7,093,000) 
 
(1,495,000) 
 
Effect of foreign exchange rate on cash
(281,000) 
(193,000) 
(424,000) 
Net (decrease) increase in cash and cash equivalents
(10,299,000) 
 
699,000  
 
3,515,000  
 
Cash and cash equivalents at beginning of period
23,823,000  
23,124,000  
19,609,000  
Cash and cash equivalents at end of period
13,524,000  
 
23,823,000  
 
23,124,000  
 
Supplementary disclosure of cash flow information:
 
 
 
Income taxes paid
2,559,000  
3,191,000  
2,431,000  
Leasehold improvements funded with tenant allowance
840,000