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Cash Flow Statement
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3 Months Ended |
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Jun. 30, 2012
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| Cash Flow Statement [Abstract] | |
| CASH FLOW STATEMENT: |
NOTE 9 - CASH FLOW STATEMENT:
Interest paid was $3 and $3 for the three months ended June 30, 2012 and 2011, respectively. In addition, income taxes paid for the three months ended June 30, 2012 and 2011 were $29 and $162, respectively. During the three months ended June 30, 2012 and 2011, respectively, 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 (reduced) the tax benefit that had been recorded pertaining to the compensation cost recognized by $(11) and $72, respectively, for such periods. This excess tax benefit (deficiency) has been separately reported under “Financing activities” in the Condensed Consolidated Statements of Cash Flows. At June 30, 2012 and 2011, respectively, there were $10 and $63 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, 2012 and 2011, capital expenditures totaling $0 and $105, respectively, were financed through the issuance of capital leases.
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