 |
 |
 |
| |
Period Ending: |
Trend |
12/31/2012 |
12/31/2011 |
12/31/2010 |
12/31/2009 |
|
| |
Net Income |
|
$10,737,000 |
$9,737,000 |
$8,505,000 |
$6,520,000 |
|
 |
|
|
| |
Cash Flows-Operating Activities |
|
|
|
|
|
|
| |
Depreciation |
|
$2,962,000 |
$1,851,000 |
$1,396,000 |
$1,524,000 |
|
| |
Net Income Adjustments |
|
$2,022,000 |
$2,347,000 |
$1,279,000 |
$786,000 |
|
|
|
|
| |
Changes in Operating Activities |
|
|
|
|
|
|
| |
Accounts Receivable |
|
($787,000)
|
($1,156,000)
|
($1,129,000)
|
($504,000)
|
|
| |
Inventory |
|
$301,000 |
($30,000)
|
$0
|
$0
|
|
| |
Other Operating Activities |
|
($833,000)
|
($232,000)
|
($414,000)
|
$262,000 |
|
| |
Liabilities |
|
$2,217,000 |
$2,048,000 |
$1,444,000 |
$728,000 |
|
| |
Net Cash Flow-Operating |
|
$16,619,000 |
$14,565,000 |
$11,081,000 |
$9,316,000 |
|
|
|
|
| |
Cash Flows-Investing Activities |
|
|
|
|
|
|
| |
Capital Expenditures |
|
($3,273,000)
|
($3,438,000)
|
($4,018,000)
|
($810,000)
|
|
| |
Investments |
|
$785,000 |
($13,703,000)
|
($5,595,000)
|
($7,101,000)
|
|
| |
Other Investing Activities |
|
($10,568,000)
|
($1,900,000)
|
($1,067,000)
|
($108,000)
|
|
| |
Net Cash Flows-Investing |
|
($13,056,000)
|
($19,041,000)
|
($10,680,000)
|
($8,019,000)
|
|
|
|
|
| |
Cash Flows-Financing Activities |
|
|
|
|
|
|
| |
Sale and Purchase of Stock |
|
$0
|
$0
|
($801,000)
|
$0
|
|
| |
Net Borrowings |
|
$1,328,000 |
$726,000 |
$3,463,000 |
$0
|
|
| |
Other Financing Activities |
|
($287,000)
|
($5,000)
|
$294,000 |
$143,000 |
|
| |
Net Cash Flows-Financing |
|
$1,229,000 |
$807,000 |
$3,050,000 |
$233,000 |
|
|
|
|
| |
Effect of Exchange Rate |
|
$3,000 |
$22,000 |
($19,000)
|
$11,000 |
|
| |
Net Cash Flow |
|
$4,795,000 |
($3,647,000)
|
$3,432,000 |
$1,541,000 |
|
|
