Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Operating activities    
Net loss $ (12,910) $ (2,484)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization expense 7,264 7,748
Amortization of intangible assets 213 681
Impairment loss on property and equipment 4,832 0
Impairment loss on intangible assets 1,245  
Deferred income taxes 90 253
Share-based compensation expense 750 958
Stock awards issued for non-employee director service 21 32
Amortization of deferred financing costs 41 51
Loss on debt extinguishment    360
Loss from disposition of assets   4
Changes in operating assets and liabilities:    
Accounts receivable 2,087 (1,566)
Inventory 8,546 3,018
Other current assets (323) (587)
Other non-current assets 144  
Accounts payable and accrued expenses (10,783) (7,997)
Other current liabilities (771) (2,430)
Other non-current liabilities 490 294
Net cash provided by (used in) operating activities 936 (1,665)
Investing activities    
Additions to property and equipment (4,815) (5,374)
Proceeds from sale of property and equipment    14
Cash paid for intangible assets   (16)
Proceeds from sale of marketable securities and investments   3,171
Purchases of marketable securities and investments   (7)
Purchases of company-owned life insurance (106) (166)
Net cash used in investing activities (4,921) (2,378)
Financing activities    
Borrowings from revolving loan payable 10,187 16,561
Payments made on revolving loan payable (23,140) (3,653)
Proceeds from sale leaseback transaction 9,584  
Payments made on long-term debt   (17,875)
Payment of debt extinguishment costs   (175)
Payments of debt financing costs   (345)
Payments on capital leases (62) (68)
Proceeds from exercise of stock options 22 43
Other   611
Net cash provided by (used in) financing activities 3,798 (4,901)
Effect of exchange rate changes on cash 8 14
Net change in cash and cash equivalents (179) (8,930)
Cash and cash equivalents, beginning of period 1,030 10,335
Cash and cash equivalents, end of period 851 1,405
Supplemental disclosure of non-cash investing and financing activities:    
Accrued asset purchases 1,046 1,616
Property acquired under capital lease    104
Unrealized gain on investments 2 29
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes      
Cash paid during the period for interest 367 293
Series A Convertible Preferred Stock
    
Financing activities    
Proceeds from issuance of Series A convertible preferred stock 6,017  
Payment of issuance costs (822)  
Common Stock
    
Financing activities    
Proceeds from issuance of common stock 2,235  
Payment of issuance costs $ (223)