XML 29 R8.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 26, 2015
USD ($)
Dec. 27, 2014
USD ($)
Dec. 28, 2013
USD ($)
Broadcast Microwave Services, Inc. (“BMS”) [Member]      
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Gain (loss) on disposal of segment $ 3,573
Changes in current assets and liabilities, excluding effects from acquisitions and divestitures:      
Proceeds from Divestiture of Businesses $ 4,881
Cohu Electronics [Member]      
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Gain (loss) on disposal of segment $ (4,434)
Changes in current assets and liabilities, excluding effects from acquisitions and divestitures:      
Proceeds from Divestiture of Businesses 10,258
Net income (loss) $ 250 $ 8,708 $ (33,418)
Gain on sale of facility (3,198)
Operating cash flows of discontinued operations (1,039) $ 9,466 $ 1,894
Depreciation and amortization 11,273 12,607 12,517
Share-based compensation expense 6,755 6,388 5,111
Accrued retiree benefits 2,185 787 662
Deferred income taxes 222 $ 832 $ (1,656)
Other assets (326)
Loss on disposal and impairment of fixed assets 311
Other accrued liabilities 127
Accounts receivable 8,970 $ (18,656) $ (1,585)
Inventories (5,743) (3,401) 11,656
Accrued compensation, warranty and other liabilities (3,740) 6,218 (1,534)
Accounts payable 3,376 139 7,040
Deferred profit (3,108) 2,181 3,448
Other current assets 2,420 (1,294) (353)
Income taxes payable, including excess stock option exercise benefits (828) 137 (365)
Net cash provided by operating activities 21,480 $ 19,678 $ 3,417
Net cash received from sale of facility 33,314
Purchases of property, plant and equipment (6,586) $ (1,457) $ (3,607)
Purchases of short-term investments (656) (1,000)
Sales and maturities of short-term investments $ 155 $ 1,045 $ 6,221
Payment for purchase of Ismeca, net of cash received (53,463)
Other assets (176)
Investing cash flows of discontinued operations $ (74) $ (209) (301)
Net cash provided by (used in) investing activities 31,034 8,637 (51,326)
Cash flows from financing activities:      
Cash dividends paid (6,215) (6,067) (4,468)
Issuance of stock, net 1,233 1,891 1,316
Net cash used in financing activities (4,982) (4,176) (3,152)
Effect of exchange rate changes on cash and cash equivalents (3,047) (4,922) (79)
Net increase (decrease) in cash and cash equivalents 44,485 19,217 (51,140)
Cash and cash equivalents at beginning of year 70,885 51,668 102,808
Cash and cash equivalents at end of year 115,370 70,885 51,668
Supplemental disclosure of cash flow information:      
Cash paid (refunded) during the year for income taxes (253) 971 (900)
Inventory capitalized as capital assets 315 1,166 640
Dividends declared but not yet paid 1,573 $ 1,539 $ 1,504
Capitalized facility under build-to-suit lease $ 682