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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 01, 2022
Jul. 02, 2021
Cash flow from operating activities:    
Net income $ 4,280 $ 3,341
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 1,400 1,685
Equity-based compensation expense 1,176 1,272
Deferred income taxes 155 (199)
Deferred compensation benefits (97) 134
Loss on the sale of property and equipment   62
Changes in assets and liabilities that provide (use) cash, excluding the effects of acquisitions:    
Accounts receivable 4,256 (6,259)
Prepaid and other current assets (423) (436)
Other long-term assets (22) (329)
Cash surrender value of life insurance 429 133
Accounts payable (7,203) (3,166)
Accrued compensation (3,023) 1,929
Income taxes payable / receivable 442 138
Advance billings on contracts 455 1,272
Other current liabilities 1,005 379
Other long-term liabilities 4 (7)
Net cash provided by (used in) operating activities 2,834 (51)
Cash flow from investing activities:    
Additions to property and equipment (280) (1,189)
Proceeds from sale of property & equipment 9  
Premiums paid for life insurance (450) (429)
Net cash used in investing activities (721) (1,618)
Cash flow from financing activities:    
Deferred debt financing costs   (1,342)
Proceeds from stock option plan exercises 215 366
Taxes remitted for shares withheld from equity-based compensation transactions (1,229) (389)
Proceeds from Employee Stock Purchase Plan 84 84
Change in cash overdraft, net 223  
Net cash used in financing activities (707) (1,281)
Effect of exchange rates on cash and cash equivalents (1,511) (706)
Net decrease in cash and cash equivalents (105) (3,656)
Cash and cash equivalents at beginning of year 35,584 32,865
Cash and cash equivalents at end of quarter $ 35,479 $ 29,209