Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Operating activities    
Net loss $ (2,484) $ (2,810)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 7,748 6,075
Amortization of intangibles 681 2,990
Deferred income taxes 253 219
Share-based compensation 958 1,324
Stock awards issued for non-employee director service 32  
Amortization of deferred financing costs 51 61
Loss on debt extinguishment 360  
Loss from disposition of assets 4  
Changes in operating assets and liabilities:    
Accounts receivable (1,566) (1,990)
Inventory 3,018 2,296
Other current assets (587) (187)
Accounts payable and accrued expenses (7,997) (477)
Other current liabilities (2,430) (338)
Other non-current liabilities 294 258
Net cash (used in) provided by operating activities (1,665) 7,421
Investing activities    
Additions to property and equipment (5,374) (7,221)
Proceeds from sale of property and equipment 14  
Cash paid for intangibles (16) (48)
Proceeds from sale of marketable securities and investments 3,171 400
Purchases of marketable securities and investments (7) (13)
Changes in restricted cash   319
Purchases of company-owned life insurance (166) (281)
Proceeds from purchase price adjustment   787
Net cash used in investing activities (2,378) (6,057)
Financing activities    
Proceeds from revolving loan payable 16,561  
Payments made on revolving loan payable (3,653)  
Payments made on long-term debt (17,875) (3,000)
Payment of debt extinguishment costs (175)  
Changes in book overdraft 611 152
Payments of debt financing costs (345) (53)
Payments on capital leases (68) (74)
Proceeds from exercise of stock options 43 255
Net cash used in financing activities (4,901) (2,720)
Effect of exchange rate changes on cash 14 10
Net change in cash and cash equivalents (8,930) (1,346)
Cash and cash equivalents, beginning of period 10,335 17,595
Cash and cash equivalents, end of period 1,405 16,249
Supplemental disclosure of non-cash investing and financing activities:    
Accrued asset purchases 1,616 1,572
Property acquired under capital lease 104 32
Unrealized gain on investments 29 27
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes   9
Cash paid during the period for interest $ 293 $ 611