XML 34 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 02, 2015
Sep. 26, 2014
Cash flows from operating activities:    
Net loss $ (1,676) $ (780)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 216 376
Amortization of deferred pension costs 195 305
Pension settlement charge 3,620  
Provision for excess and obsolete inventory 76  
Other 72 294
Changes in assets and liabilities:    
Decrease in restricted cash 111 289
Decrease (increase) in accounts receivable (2,054) 726
Increase in inventories (936) (1,104)
Decrease (increase) in costs and estimated earnings in excess of billings on uncompleted contracts, net (1,542) 516
Decrease (increase) in prepaid expenses and other assets (76) 402
Increase (decrease) in accounts payable 315 (596)
Increase (decrease) in accrued liabilities 510 (21)
Decrease in accrued pension and retirement liabilities (100) (54)
Decrease in pension settlement obligation (1,485)  
Increase (decrease) in customer deposits (79) 445
Decrease in deferred rent obligation (318)  
Net cash provided by (used in) operating activities (3,151) 798
Cash flows from investing activities:    
Purchases of property and equipment (71) (289)
Proceeds from sale of marketable securities   229
Net cash used in investing activities (71) (60)
Cash flows from financing activities:    
Principal payments on long-term debt (156) (131)
Net cash used in financing activities (156) (131)
Net increase (decrease) in cash and cash equivalents (3,378) 607
Cash and cash equivalents as of beginning of the period 7,038 3,376
Cash and cash equivalents as of end of the period 3,660 3,983
Supplemental disclosures of non-cash investing and financing activities:    
Settlement of pension liability 35,870  
Supplemental disclosures of cash flow information:    
Cash paid during the period for: Interest 126 390
Cash paid during the period for: Income taxes $ 12 $ 45