Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v3.5.0.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Oct. 01, 2016
Oct. 03, 2015
Operating activities    
Net income (loss) including noncontrolling interests $ 1,311 $ (1,626)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization expense 5,601 5,618
Amortization of intangible assets 361 345
Deferred income taxes (299) (674)
Share-based compensation expense 2,475 1,726
Stock awards issued for non-employee director service 6 2
Amortization of deferred financing costs 61 61
Gain from disposition of assets 0 (13)
Changes in operating assets and liabilities:    
Accounts receivable 245 261
Inventory 1,745 2,177
Other current assets (751) (706)
Other non-current assets 168 93
Accounts payable and accrued expenses 7,825 (460)
Other current liabilities 291 649
Other non-current liabilities 257 (105)
Net cash provided by operating activities 19,296 7,348
Investing activities    
Additions to property and equipment (4,570) (5,800)
Proceeds from sale of property and equipment 0 13
Cash paid for intangible assets (125) (25)
Net cash used in investing activities (4,695) (5,812)
Financing activities    
Borrowings from revolving loan payable 11,976 8,970
Payments made on revolving loan payable (23,735) (11,700)
Proceeds from stock options 734 102
Payments on capital leases (449) (297)
Statutory tax withholding payment for share-based compensation (969) (438)
Payment of liabilities related to financing activities (100) (100)
Preferred stock dividends paid (61) 0
Net cash used in financing activities (12,604) (3,463)
Effect of exchange rate changes on cash (29) (50)
Net change in cash and cash equivalents 1,968 (1,977)
Cash and cash equivalents, beginning of period 5,537 7,653
Cash and cash equivalents, end of period 7,505 5,676
Supplemental disclosure of non-cash investing and financing activities:    
Accrued asset purchases 1,050 902
Property acquired under capital lease 211 1,588
Unrealized (loss) gain on investments (2) (2)
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes 69 84
Cash paid during the period for interest $ 825 $ 886