XML 22 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Cash flows from operating activities:    
Net income $ 2,010 $ 1,758
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,757 1,569
Increase in contingent consideration 781 285
Goodwill impairment 3,478 0
Share-based compensation expense 770 901
Provision for losses on accounts receivable 210 616
Deferred income tax (benefit) expense (2,336) 463
Changes in assets and liabilities:    
Accounts receivable (459) 5,427
Transit accounts receivable 1,330 3,220
Prepaid expenses and other current assets (293) 1,228
Accounts payable and accrued expenses (318) (290)
Transit accounts payable (2,160) (2,254)
Accrued payroll and related costs 483 (1,473)
Income taxes payable (182) 185
Total adjustments 3,061 9,877
Net cash provided by operating activities 5,071 11,635
Cash flows from investing activities:    
Property and equipment acquired (1,040) (846)
Decrease in deposits 15
Cash payments for business acquired, net of cash acquired (763) 0
Net cash used in investing activities (1,803) (831)
Cash flows from financing activities:    
Borrowings under line of credit 92,918 83,605
Repayments on line of credit (79,950) (90,294)
Sale of stock for employee stock purchase plan 394 368
Exercise of stock options 65 15
Common stock repurchases (365) (4,257)
Dividends paid to shareholders (12,194) 0
Contingent consideration paid (1,694) (993)
Net cash used in financing activities (826) (11,556)
Effect of exchange rate changes on cash and cash equivalents 130 46
Increase (decrease) in cash and cash equivalents 2,572 (706)
Cash and cash equivalents at beginning of period 279 985
Cash and cash equivalents at end of period 2,851 279
Supplemental cash flow information:    
Interest 500 464
Income taxes 522 927
Non-cash investing activities:    
Non-cash consideration for business acquisitions 1,896 695
Non-cash financing activities:    
Dividend declared but unpaid on unvested restricted share units 87 0
Vesting of restricted share units $ 1,294 $ 473