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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 26, 2015
Sep. 27, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Income (loss) from continuing operations $ (1,780) $ 4,303
Loss from discontinued operations (118) (505)
Net income (loss) (1,898) 3,798
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities, net of acquisitions:    
Depreciation and amortization - continuing operations 10,954 9,533
Depreciation and amortization - discontinued operations 0 48
Provision (benefit) for deferred income taxes (1,403) 2,681
Net gain on property, plant and equipment disposals (187) (18)
Impairment of assets 0 [1] 759
Gain on purchase of business 0 (11,110)
Stock-based compensation expense 1,071 900
Excess tax benefits from stock-based compensation (287) (367)
Bad debt expense 110 325
Changes in operating assets and liabilities:    
Receivables (3,301) (7,686)
Inventories (10,649) (2,974)
Other current assets (649) 1,627
Accounts payable and accrued expenses 9,876 1,902
Other operating assets and liabilities (863) (495)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 2,774 (1,077)
CASH FLOWS FROM INVESTING ACTIVITIES    
Net proceeds from sales of property, plant and equipment 66 369
Deposits on property, plant and equipment 0 (119)
Purchase of property, plant and equipment (5,266) (6,753)
Proceeds from sale of equity investment 0 870
Net cash paid in business acquisitions 0 (17,657)
NET CASH USED IN INVESTING ACTIVITIES (5,200) (23,290)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings on revolving credit facility 1,182 4,331
Borrowings on notes payable - buildings 6,290 0
Payments on notes payable - buildings (522) 0
Payments on notes payable related to acquisitions (1,572) (1,513)
Borrowings on notes payable - equipment and other 998 2,195
Payments on notes payable - equipment and other (3,370) (2,072)
Payments on capital leases (2,050) (966)
Change in outstanding checks in excess of cash 1,278 (1,848)
Proceeds from equity offering, net of issuance costs 0 24,559
Proceeds from exercise of stock options 274 145
Repurchases of Common Stock (584) (518)
Excess tax benefits from stock-based compensation 287 367
Payments for debt issuance costs 0 (84)
NET CASH PROVIDED BY FINANCING ACTIVITIES 2,211 24,596
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (215) 229
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 394 255
CASH AND CASH EQUIVALENTS AT END OF PERIOD 179 484
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 3,246 2,799
Income taxes paid, net of tax refunds 104 325
Equipment purchased under capital leases 87 8,709
Equipment purchased under notes payable 2,850 0
Deposits utilized on purchased equipment, net 1,857 0
Assets acquired in acquisitions, net of cash acquired 0 36,349
Liabilities assumed in acquisitions 0 (6,397)
Accrued consideration for working capital adjustment in acquisitions 0 (298)
Accrued consideration for holdbacks in acquisition 0 (887)
Deposits on property, plant & equipment financed 0 3,977
Shortfall of tax benefits from stock-based compensation (93) (607)
Note receivable on sale of equipment $ 93 $ 0
[1] Asset impairments under these plans, when applicable, are classified as "loss on impairments" in the Company's Consolidated Condensed Statements of Operations.