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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 25, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Income (loss) from continuing operations $ (33,415) $ 5,153
Loss from discontinued operations (1,664) (3,537)
Net income (loss) (35,079) 1,616
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 7,624 8,474
Benefit for deferred income taxes (31) (69)
Net loss on property, plant and equipment disposals 1,003 210
Stock-based compensation expense 766 477
Bad debt expense 62 451
Changes in operating assets and liabilities:    
Receivables 15,223 (7,840)
Inventories (960) (14,838)
Prepaid and other current assets (242) (1,946)
Accounts payable and accrued expenses (9,647) 7,314
Other operating assets and liabilities 2,121 (4,025)
NET CASH USED IN OPERATING ACTIVITIES (17,496) (6,639)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES - DISCONTINUED OPERATIONS 817 (8,770)
CASH FLOWS FROM INVESTING ACTIVITIES    
Net proceeds from sales of property, plant and equipment 88 19,475
Purchase of property, plant and equipment (4,579) (4,376)
Investment in joint venture, net of capital distributions (50) 0
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (4,541) 15,099
NET CASH PROVIDED BY INVESTING ACTIVITIES - DISCONTINUED OPERATIONS 240 141
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings on revolving credit facility 18,636 4,806
Borrowings on notes payable - buildings and other term loans 11,000 0
Payments on notes payable - buildings and other term loans (5,965) (606)
Borrowings on notes payable - equipment and other 1,657 1,565
Payments on notes payable - equipment and other (1,922) (3,883)
Payments on finance leases (1,127) (3,152)
Change in outstanding checks in excess of cash (1,443) 1,059
Repurchases of Common Stock (737) (69)
Payments for debt issuance costs (227) 0
NET CASH PROVIDED BY (USED) IN FINANCING ACTIVITIES 19,872 (280)
DECREASE IN CASH AND CASH EQUIVALENTS (1,108) (449)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,471 1,920
CASH AND CASH EQUIVALENTS AT END OF PERIOD 363 1,471
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 3,409 3,141
Interest paid for financing leases 1,344 1,483
Income taxes paid, net of refunds 6 982
Right-of-use assets obtained in exchange for new operating lease 911 4,922
Escrow funds retained by seller in divestiture 0 1,025
Receivable on sale of equipment $ 350 $ 0