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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 02, 2015
Sep. 26, 2014
Cash flows from operating activities:    
Consolidated net income $ 29,512 $ 6,243
Less: Loss from discontinued operations, net of tax 13 5,138
Income from continuing operations 29,525 11,381
Adjustments to reconcile income from continuing operations to net cash provided by operating activities of continuing operations:    
Depreciation and amortization 14,088 17,495
Provision for inventory excess and obsolescence 1,303 704
Share-based compensation 3,494 3,412
Deferred income taxes 3,782 (1,653)
Earnings from equity-method investment (2,007) (1,707)
Gain on disposal of business (19,633)  
Non-cash restructuring and acquisition related charges 511 944
Other 897 1,478
Changes in assets and liabilities which (used) provided cash, excluding effects from businesses purchased or classified as discontinued operations:    
Accounts receivable (6,996) (835)
Inventories (5,352) 116
Income taxes receivable, prepaid expenses and other current assets 1,244 911
Accounts payable, income taxes payable, accrued expenses and other current liabilities 6,602 1,706
Other non-current assets and liabilities (1,982) 463
Cash provided by operating activities of continuing operations 25,476 34,415
Cash used in operating activities of discontinued operations (13) (761)
Cash provided by operating activities 25,463 33,654
Cash flows from investing activities:    
Purchases of property, plant and equipment (4,111) (3,783)
Acquisition of businesses, net of cash acquired and escrow recovery (13,048) (88,238)
Proceeds from sale of business, net of transaction costs 29,570  
Proceeds from the sale of property, plant and equipment 123 57
Cash provided by (used in) investing activities of continuing operations 12,534 (91,964)
Cash provided by investing activities of discontinued operations   4,344
Cash provided by (used in) investing activities 12,534 (87,620)
Cash flows from financing activities:    
Borrowings under revolving credit facility 13,000 77,000
Repayments of long-term debt and revolving credit facility (18,625) (26,625)
Payments for debt issuance costs   (712)
Payments of withholding taxes from stock-based awards (1,431) (1,605)
Capital lease payments (414) (938)
Repurchase of common stock (997)  
Other financing activities 23 471
Cash provided by (used in) financing activities of continuing operations (8,444) 47,591
Cash provided by financing activities of discontinued operations 0 0
Cash provided by (used in) financing activities (8,444) 47,591
Effect of exchange rates on cash and cash equivalents (610) (1,056)
Increase (decrease) in cash and cash equivalents 28,943 (7,431)
Cash and cash equivalents, beginning of period 51,146 60,980
Cash and cash equivalents, end of period 80,089 53,549
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,939 2,644
Cash paid for income taxes 6,071 3,944
Income tax refunds received $ 63 $ 150