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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Income (loss) from continuing operations $ (1,864) $ 4,311
Loss from discontinued operations (100) (328)
Net income (loss) (1,964) 3,983
Adjustments to reconcile net income (loss) to net cash used in operating activities, net of acquisitions:    
Depreciation and amortization - continuing operations 7,301 6,219
Depreciation and amortization - discontinued operations 0 32
Provision (benefit) for deferred income taxes (1,354) 2,739
Net gain on property, plant and equipment disposals (108) (3)
Impairment of assets 0 [1] 655
Gain on purchase of business 0 (10,937)
Stock-based compensation expense 725 611
Excess tax benefits from stock-based compensation (249) (340)
Bad debt expense 59 146
Changes in operating assets and liabilities:    
Receivables (3,646) (5,195)
Inventories (10,198) (3,801)
Other current assets (1,981) 615
Accounts payable and accrued expenses 12,093 1,591
Other operating assets and liabilities (866) (156)
NET CASH USED IN OPERATING ACTIVITIES (188) (3,841)
CASH FLOWS FROM INVESTING ACTIVITIES    
Net proceeds from sales of property, plant and equipment 60 4
Deposits on property, plant and equipment 0 (507)
Purchase of property, plant and equipment (3,171) (5,053)
Net cash paid in business acquisitions 0 (14,077)
NET CASH USED IN INVESTING ACTIVITIES (3,111) (19,633)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings on revolving credit facility 1,519 1,270
Borrowings on mortgage note payable 6,290 0
Payments on mortgage notes payable (339) 0
Payments on notes payable related to acquisitions (508) (469)
Borrowings on notes payable - equipment and other 377 2,055
Payments on notes payable - equipment and other (2,348) (1,791)
Payments on capital leases (1,337) (488)
Change in outstanding checks in excess of cash (298) (1,526)
Proceeds from equity offering, net of issuance costs 0 24,559
Proceeds from exercise of stock options 274 134
Repurchases of Common Stock (529) (475)
Excess tax benefits from stock-based compensation 249 340
Payments for debt issuance costs 0 (84)
NET CASH PROVIDED BY FINANCING ACTIVITIES 3,350 23,525
INCREASE IN CASH AND CASH EQUIVALENTS 51 51
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 394 255
CASH AND CASH EQUIVALENTS AT END OF PERIOD 445 306
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 2,089 1,748
Income taxes paid, net of tax refunds 98 80
Equipment purchased under capital leases 0 3,438
Equipment purchased under notes payable 2,850 0
Deposits utilized on purchased equipment 1,857 0
Assets acquired in acquisitions, net of cash acquired 0 32,803
Liabilities assumed in acquisitions 0 (5,573)
Accrued consideration for working capital adjustment in acquisitions 0 (1,293)
Accrued consideration for holdbacks in acquisition 0 (923)
Deposits on property, plant & equipment financed 0 2,284
Accrued purchases of equipment 424 0
Shortfall of tax benefits from stock-based compensation $ (90) $ (607)
[1] Asset impairments under these plans, when applicable, are classified as "loss on impairments" in the Company's Consolidated Condensed Statements of Operations.