Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

 v2.3.0.11
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
 6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Operating activities    
Net (loss) income $ (2,810) $ 2,009
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 6,075 3,934
Amortization of intangibles 2,990 245
Share-based compensation 1,324 1,472
Deferred income taxes 219 790
Amortization of deferred financing costs 61  
Excess tax benefits from share-based payment arrangements   (237)
Changes in operating assets and liabilities:    
Accounts receivable (1,990) 802
Inventory 2,296 (7,926)
Prepaid expense and other current assets (187) (865)
Other noncurrent assets   (81)
Accounts payable and accrued expenses (477) 7,639
Other current liabilities (338) 1,218
Other noncurrent liabilities 258 317
Net cash provided by operating activities 7,421 9,317
Investing activities    
Additions to property and equipment (7,221) (6,293)
Purchases of intangibles (48) (1,001)
Changes in restricted cash 319  
Proceeds from sale of marketable securities 400 4,236
Purchases of marketable securities (13) (17,984)
Purchases of company-owned life insurance (281) (250)
Proceeds from purchase price adjustment 787  
Net cash used in investing activities (6,057) (21,292)
Financing activities    
Payments made on long-term debt (3,000)  
Changes in book overdraft 152  
Payments of short-term financing (74)  
Payments of debt financing costs (53)  
Excess tax benefits from share-based payment arrangements   237
Proceeds from exercise of stock options 255 658
Net cash (used in) provided by financing activities (2,720) 895
Effect of exchange rate changes on cash 10 26
Net change in cash and cash equivalents (1,346) (11,054)
Cash and cash equivalents, beginning of period 17,595 26,251
Cash and cash equivalents, end of period 16,249 15,197
Supplemental disclosure of non-cash investing and financing activities:    
Accrued asset purchases 1,572 571
Property acquired under capital lease 32  
Unrealized gain on investments 27 66
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes 9 87
Cash paid during the period for interest $ 611