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. 31, 2011
Jan. 01, 2011
Jan. 02, 2010
Operating activities      
Net income (loss) $ (15,137) $ (13,926) $ 1,317
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 12,695 9,466 4,910
Amortization of intangibles 3,673 2,804 661
Deferred income taxes (1,537) 12,572 3,634
Share-based compensation 2,607 2,742 3,270
Impairment loss on intangibles 5,138    
Amortization of deferred financing costs 147 50  
Gain from disposition of assets (12) (5)  
Changes in operating assets and liabilities:      
Accounts receivable (2,583) 919 (2,030)
Inventory (4,145) (17,124) (7,700)
Other current assets 734 (910) (1,055)
Other noncurrent assets   (123) (3)
Accounts payable and accrued expenses 6,218 (686) 7,560
Other current liabilities 2,202 1,812 1,023
Other noncurrent liabilities 378 700  
Net cash provided by (used in) operating activities 10,378 (1,709) 11,587
Investing activities      
Additions to property and equipment (14,303) (12,068) (8,400)
Acquisition of assembled workforce and other intangibles (74) (1,012) (739)
Cash paid for acquisition, net of cash acquired   (27,500)  
Proceeds from sale of marketable securities 2,600 29,641 2,150
Purchases of marketable securities (572) (19,540) (11,090)
Changes in restricted cash 319 (319)  
Purchases of company-owned life insurance (281) (250)  
Proceeds from purchase price adjustment 787    
Net cash used in investing activities (11,524) (31,048) (18,079)
Financing activities      
Proceeds from long-term debt   25,000  
Payments made on long-term debt (6,125) (1,000)  
Changes in book overdraft (141) (529)  
Payments of debt financing costs (74) (467)  
Payments of short-term financing (144) (77) (47)
Proceeds from exercise of stock options 384 956 162
Net cash provided by (used in) financing activities (6,100) 23,883 115
Effect of exchange rate changes on cash (14) 218 155
Net change in cash and cash equivalents (7,260) (8,656) (6,222)
Cash and cash equivalents, beginning of period 17,595 26,251 32,473
Cash and cash equivalents, end of period 10,335 17,595 26,251
Supplemental disclosure of non-cash investing and financing activities:      
Accrued asset purchases 1,286 1,691 451
Property acquired under capital lease 49 370  
Estimated purchase price adjustment   994  
Unrealized gain on investments 60 15 19
Supplemental disclosure of cash flow information:      
Cash paid during the period for income taxes 9 131 589
Cash paid during the period for interest $ 1,099 $ 127 $ 2