XML 69 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Apr. 04, 2015
Mar. 29, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 8,664us-gaap_ProfitLoss $ 7,941us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,966us-gaap_DepreciationDepletionAndAmortization 7,160us-gaap_DepreciationDepletionAndAmortization
Gain on sale of assets   (411)newp_GainLossOnSaleOfInvestmentsAndBusinesses
Provision for losses on inventories 1,223us-gaap_InventoryWriteDown 984us-gaap_InventoryWriteDown
Stock-based compensation expense 4,084us-gaap_ShareBasedCompensation 2,337us-gaap_ShareBasedCompensation
Provision for doubtful accounts 87us-gaap_ProvisionForDoubtfulAccounts 159us-gaap_ProvisionForDoubtfulAccounts
Loss on disposal of property and equipment 1,139us-gaap_GainLossOnSaleOfPropertyPlantEquipment 286us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Deferred income taxes (272)us-gaap_DeferredIncomeTaxExpenseBenefit (336)us-gaap_DeferredIncomeTaxExpenseBenefit
Excess tax benefits from stock-based compensation (655)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities  
Increase (decrease) in cash, net of acquisition and divestiture, due to changes in:    
Accounts receivable (7,445)us-gaap_IncreaseDecreaseInAccountsReceivable (3,155)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (9,275)us-gaap_IncreaseDecreaseInInventories (6,471)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other assets (4,761)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (2,947)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable 1,962us-gaap_IncreaseDecreaseInAccountsPayable 752us-gaap_IncreaseDecreaseInAccountsPayable
Accrued payroll and related expenses 1,022us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 134us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Accrued expenses and other liabilities 2,205newp_IncreaseDecreaseInAccruedExpensesAndOtherLiabilities 3,856newp_IncreaseDecreaseInAccruedExpensesAndOtherLiabilities
Other long-term liabilities 175us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (909)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 5,119us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 9,380us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (5,679)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (4,950)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Restricted cash 89us-gaap_IncreaseDecreaseInRestrictedCashAndInvestments (47)us-gaap_IncreaseDecreaseInRestrictedCashAndInvestments
Proceeds from divestiture of business   5,030us-gaap_ProceedsFromDivestitureOfBusinesses
Acquisition of businesses, net of cash acquired (8,417)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired  
Refundable amounts related to acquisition of business (1,767)newp_PaymentsRelatedToAcquisitionOfBusinessRefunds  
Purchase of investments and marketable securities (503)us-gaap_PaymentsToAcquireInvestments (590)us-gaap_PaymentsToAcquireInvestments
Proceeds from the sale or maturity of investments and marketable securities 123us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments 395us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments
Net cash used in investing activities (16,154)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (162)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from long-term debt 11,000us-gaap_ProceedsFromIssuanceOfLongTermDebt  
Repayment of long-term debt and obligations under capital leases (4,004)us-gaap_RepaymentsOfLongTermDebt (12,961)us-gaap_RepaymentsOfLongTermDebt
Proceeds from short-term borrowings 344us-gaap_ProceedsFromShortTermDebt 1,016us-gaap_ProceedsFromShortTermDebt
Repayment of short-term borrowings (4,599)us-gaap_RepaymentsOfShortTermDebt (701)us-gaap_RepaymentsOfShortTermDebt
Purchases of non-controlling interests   (931)newp_PaymentsToAcquireNonControllingInterest
Proceeds from the issuance of common stock under employee plans 705us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 2,789us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Tax withholding payment related to net share settlement of equity awards (3,419)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation  
Purchases of the Company's common stock (5,995)us-gaap_PaymentsForRepurchaseOfCommonStock  
Excess tax benefits from stock-based compensation 655us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities  
Net cash used in financing activities (5,313)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (10,788)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Impact of foreign exchange rate changes on cash balances 657us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 462us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net decrease in cash and cash equivalents (15,691)us-gaap_NetCashProvidedByUsedInContinuingOperations (1,108)us-gaap_NetCashProvidedByUsedInContinuingOperations
Cash and cash equivalents at beginning of period 46,883us-gaap_CashAndCashEquivalentsAtCarryingValue 53,710us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 31,192us-gaap_CashAndCashEquivalentsAtCarryingValue 52,602us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 462us-gaap_InterestPaid 589us-gaap_InterestPaid
Cash paid during the period for income taxes, net 2,546us-gaap_IncomeTaxesPaidNet 2,007us-gaap_IncomeTaxesPaidNet
Property and equipment accrued in accounts payable $ 165us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 450us-gaap_CapitalExpendituresIncurredButNotYetPaid