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Cash Flow Statement
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3 Months Ended |
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Jun. 30, 2011
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| Cash Flow Statement [Abstract] | |
| CASH FLOW STATEMENT |
NOTE 10 — CASH FLOW STATEMENT:
Interest paid was $3 and $1 for the three months ended June 30, 2011 and 2010, respectively.
In addition, income taxes paid for the three months ended June 30, 2011 and 2010 were $162 and
$715, respectively.
During the three months ended June 30, 2011 and 2010, stock option awards were exercised and
restricted stock awards vested. In connection with such stock option exercises and vesting, the
related income tax benefit realized exceeded the tax benefit that had been recorded pertaining to
the compensation cost recognized by $72 and $22, respectively, for such periods. This excess tax
deduction has been separately reported under “Financing activities” in the Condensed Consolidated
Statements of Cash Flows.
At June 30, 2011 and 2010, there were $63 and $23 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. In the three months ended June 30, 2011 and
2010, capital expenditures totaling $105 and $0, respectively, were financed through the issuance
of capital leases.
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