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CONDENSED CONSOLIDATED STATEMENTS of CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jul. 02, 2021
Jun. 26, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 2,215 $ 4,826
Non-cash adjustments:    
Stock-based compensation 650 526
Depreciation and amortization 3,685 2,442
Change in reserve for doubtful accounts (56) 94
Change in inventory reserve and warranty reserve 467 1,226
Gain on sale of property, plant and equipment (30)  
Deferred tax (income) expense (96) 1,751
Amortization of deferred gain (86) (86)
Changes in operating assets and liabilities:    
Accounts receivable (1,505) (2,796)
Unbilled contract revenue (4,540) (988)
Inventories (2,705) (3,818)
Federal income tax receivable   (517)
Other current assets 79 68
Other long-term assets 180 (330)
Accounts payable (4,682) (1,188)
Change in book overdraft position   (107)
Accrued expenses (2,631) (557)
Customer deposits (2,205) 7,210
Net change in lease right-of-use assets and liabilities 14  
Other long-term liabilities 114  
Net cash flows (used in)/provided by operating activities (11,132) 7,756
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (11,591) (3,067)
Proceeds from disposal of property, plant and equipment 668  
Proceeds received from capital grants 1,500  
Net cash flows used in investing activities (9,423) (3,067)
CASH FLOWS FROM FINANCING ACTIVITIES    
Advances from revolving credit facility 84,121 55,523
Repayments of revolving credit facility (71,041) (56,505)
Borrowings under other loan agreements 8,699 0
Repayments under other loan agreements (6,603) (3,904)
Payments under finance lease (944) (284)
Proceeds received from lease financing obligation 6,521 415
Debt issuance costs (98) (84)
Proceeds from exercise of stock options 95 161
Proceeds from employee stock plan purchases 94 87
Cash paid for taxes upon vesting of restricted stock (485) (98)
Net cash flows provided by/(used in) financing activities 20,359 (4,689)
Net cash change for the period (196) 0
Cash, beginning of period 312 0
Cash, end of period 116 0
Supplemental cash flow information    
Interest paid 1,526 1,094
Income taxes paid 239 20
Non-cash transactions:    
Property, plant and equipment purchases included in accounts payable $ 150 $ 90