Quarterly report pursuant to Section 13 or 15(d)

Cash Flow Statement

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Cash Flow Statement
3 Months Ended
Jun. 30, 2022
Supplemental Cash Flow Elements [Abstract]  
Cash Flow Statement

NOTE 8 – CASH FLOW STATEMENT:

Interest paid was $141 and $5 in the three-month periods ended June 30, 2022 and 2021, respectively. Income taxes paid for the three months ended June 30, 2022 and 2021 were $11 and $1,243, respectively.

At June 30, 2022 and 2021, there were $95 and $285, respectively, of capital purchases that were recorded in accounts payable and are not included in the caption "Purchase of property, plant and equipment" in the Condensed Consolidated Statements of Cash Flows.

As of June 30, 2021, the cash utilized for the acquisition of BN of $59,563 included the cash consideration of $61,150, net of cash acquired of $1,587. Upon completion of the final purchase price allocation and after the adjustments made during the measurement period, the cash utilized for the acquisition was $60,282, including cash consideration of $61,150, net of cash acquired of $868. In the three months ended June 30, 2021, non-cash activities included the issuance of 610 treasury shares valued at $8,964, included as part of the consideration for the acquisition.