XML 16 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2016
Apr. 04, 2015
Operating activities:    
Net income $ 101 $ 246
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 142 120
Change in fair value of earn-out liability 11 8
Stock-based compensation 222 333
Provision for doubtful accounts   22
Deferred income taxes   150
Changes in operating assets and liabilities:    
Accounts receivable (15) 295
Inventories (36) (735)
Prepaid expenses and other current assets (39) (79)
Other long-term assets 16 11
Accounts payable 473 766
Accrued compensation (289) (464)
Accrued expenses (70) (123)
Accrued warranty 7 42
Deferred revenue   18
Other long-term liabilities 3 7
Net cash provided by operating activities 526 617
Investing activities:    
Acquisition of property and equipment (89) (397)
Payment on earn-out liability (96) (96)
Net cash used in investing activities (185) (493)
Financing activities:    
Proceeds from stock option exercises 245 487
Repurchase of common stock (59) (192)
Taxes paid related to net share settlements of equity awards (8) (600)
Net cash provided by (used in) financing activities 178 (305)
Net increase (decrease) in cash and cash equivalents 519 (181)
Cash and cash equivalents, beginning of period 9,995 [1] 13,303
Cash and cash equivalents, end of period 10,514 13,122
Cash paid during the period for:    
Income taxes $ 1 $ 2
[1] Derived from the audited consolidated financial statements included in the Annual Report on Form 10-K filed with the SEC for the year ended January 2, 2016.