XML 42 R7.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Cash flows from operating activities:    
Net income $ 2,077 $ 3,220
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 650 548
Stock-based compensation expense 611 368
Provision for allowance for doubtful accounts 621 456
Deferred income tax expense 250 865
Changes in assets and liabilities:    
Accounts receivable (3,445) (4,036)
Prepaid expenses and other current assets (175) (1,876)
Net of transit accounts receivable and payable (1,785) 2,535
Accounts payable and accrued expenses (923) 1,830
Accrued payroll and related costs 73 49
Income taxes payable (429) (52)
Total adjustments (4,552) 687
Net cash (used in) provided by operating activities (2,475) 3,907
Cash flows from investing activities:    
Property and equipment acquired (994) (1,349)
Decrease (increase) in deposits 18 (58)
Net cash used in investing activities (976) (1,407)
Cash flows from financing activities:    
Issuance of stock for employee stock purchase plan 179 155
Exercise of stock options 19 248
Contingent consideration paid (90) (313)
Net cash provided by financing activities 108 90
Effect of exchange rate changes on cash and cash equivalents (422) (296)
(Decrease) increase in cash and cash equivalents (3,765) 2,294
Cash and cash equivalents at beginning of period 6,411 9,317
Cash and cash equivalents at end of period 2,646 11,611
Supplemental cash flow information:    
Interest 222 35
Income taxes $ 729 $ 1,155