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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Income from continuing operations $ 3,830 $ 2,329
Loss from discontinued operations (79) (47)
Net income 3,751 2,282
Adjustments to reconcile net income to net cash used in operating activities, net of acquisition:    
Depreciation and amortization 6,251 5,074
Provision (benefit) for deferred income taxes 2,597 (7)
Net (gain) loss on property, plant and equipment disposals (3) 10
Impairment of assets 655 0
Gain on purchase of business (10,562) 0
Stock-based compensation expense 611 491
Excess tax benefits from stock-based compensation (340) (49)
Write-off of deferred financing costs 0 94
Changes in operating assets and liabilities:    
Receivables (5,049) (10,616)
Inventories (3,801) (7,412)
Other current assets 615 (667)
Accounts payable and accrued expenses 1,591 7,780
Other operating assets and liabilities (157) (566)
NET CASH USED IN OPERATING ACTIVITIES (3,841) (3,586)
CASH FLOWS FROM INVESTING ACTIVITIES    
Net proceeds from sales of property, plant and equipment 4 0
Deposits on property, plant and equipment (507) 0
Purchase of property, plant and equipment (5,053) (4,828)
Net cash paid in business acquisition (14,077) 0
NET CASH USED IN INVESTING ACTIVITIES (19,633) (4,828)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings on revolving credit facility 1,270 19,373
Payments on mortgage note payable 0 (10,141)
Payments on note payable related to acquisition (469) (398)
Borrowings on equipment financing 1,709 1,628
Payments on equipment financing (843) (531)
Payments on capital leases (488) (282)
Borrowings on notes payable 346 0
Payments on notes payable (948) (494)
Change in outstanding checks in excess of cash (1,526) (638)
Proceeds from equity offering, net of issuance costs 24,559 0
Proceeds from exercise of stock options 134 19
Repurchases of Common Stock (475) (207)
Excess tax benefits from stock-based compensation 340 49
Payments for debt issuance costs (84) (244)
NET CASH PROVIDED BY FINANCING ACTIVITIES 23,525 8,134
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 51 (280)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 255 491
CASH AND CASH EQUIVALENTS AT END OF PERIOD 306 211
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 1,748 1,598
Income taxes paid, net of tax refunds 80 62
Equipment purchased under capital leases 3,438 1,247
Assets acquired in acquisition, net of cash acquired 32,409 0
Liabilities assumed in acquisition (5,573) 0
Accrued consideration for working capital adjustment in acquisition (1,274) 0
Accrued consideration for holdbacks in acquisition (923) 0
Deposits on property, plant & equipment financed 2,284 0
Shortfall of tax benefits from stock-based compensation $ (607) $ 0