Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 29, 2012
Dec. 31, 2011
Jan. 01, 2011
Operating activities      
Net loss $ (35,978) $ (15,137) $ (13,926)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Depreciation and amortization expense 15,204 12,695 9,466
Amortization of intangible assets 1,189 3,673 2,804
Deferred income taxes (875) (1,537) 12,572
Share-based compensation expense 1,673 2,607 2,742
Stock awards issued for non-employee director service 53    
Impairment loss on goodwill 18,854      
Impairment loss on property and equipment 1,960    
Impairment loss on intangible assets 5,613 5,138   
Amortization of deferred financing costs 94 147 50
Loss on debt extinguishment 360    
Loss (gain) from disposition of assets 14 (12) (5)
Changes in operating assets and liabilities:      
Accounts receivable 491 (2,583) 919
Inventory 9,520 (4,145) (17,124)
Other current assets (618) 734 (910)
Other non-current assets (281)   (123)
Accounts payable and accrued expenses (14,912) 6,218 (686)
Other current liabilities (2,964) 2,202 1,812
Other non-current liabilities 203 378 700
Net cash (used in) provided by operating activities (400) 10,378 (1,709)
Investing activities      
Additions to property and equipment (10,155) (14,303) (12,068)
Proceeds from sale of property and equipment 14    
Cash paid for intangibles (34) (74) (1,012)
Cash paid for acquisition, net of cash acquired     (27,500)
Proceeds from sale of marketable securities and investments 3,171 2,600 29,641
Purchases of marketable securities and investments (8) (572) (19,540)
Changes in restricted cash   319 (319)
Purchases of company-owned life insurance (166) (281) (250)
Proceeds from purchase price adjustment   787  
Net cash used in investing activities (7,178) (11,524) (31,048)
Financing activities      
Proceeds from revolving loan payable 26,731    
Payments made on revolving loan payable (10,509)    
Proceeds from long-term debt     25,000
Payments made on long-term debt (17,875) (6,125) (1,000)
Payment of debt extinguishment costs (175)    
Payments of debt financing costs (407) (74) (467)
Payments on capital leases (137) (144) (77)
Proceeds from exercise of stock options 636 384 956
Other   (141) (529)
Net cash (used in) provided by financing activities (1,736) (6,100) 23,883
Effect of exchange rate changes on cash 9 (14) 218
Net change in cash and cash equivalents (9,305) (7,260) (8,656)
Cash and cash equivalents, beginning of period 10,335 17,595 26,251
Cash and cash equivalents, end of period 1,030 10,335 17,595
Supplemental disclosure of non-cash investing and financing activities:      
Accrued asset purchases 1,803 1,286 1,691
Property acquired under capital lease 104 49 370
Estimated purchase price adjustment     994
Unrealized gain on investments 26 60 15
Supplemental disclosure of cash flow information:      
Cash paid during the period for income taxes   9 131
Cash paid during the period for interest $ 495 $ 1,099 $ 127