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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Cash flows from operating activities:    
Net income (loss) $ 2,263 $ (6,937)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 614 661
Change in fair value of contingent consideration 52 72
Equity compensation expense 710 236
Provision for losses on accounts receivable (150) 7,855
Deferred income tax expense (benefit) 723 (2,847)
Changes in assets and liabilities:    
Accounts receivable (929) 12,227
Prepaid expenses and other current assets 1,957 1,786
Net of transit accounts receivable and payable (123) 907
Accounts payable and accrued expenses 1,906 2,739
Accrued payroll and related costs (212) 950
Right of use assets 412 1,166
Right of use liabilities (857) (1,163)
Income taxes payable (249) 131
Total adjustments 3,854 24,720
Net cash provided by operating activities 6,117 17,783
Cash flows from investing activities:    
Property and equipment acquired (141) (151)
Decrease in deposits 5 40
Net cash used in investing activities (136) (111)
Cash flows from financing activities:    
Borrowings under line of credit 50,261 33,266
Repayments under line of credit (52,465) (50,664)
Issuance of stock for employee stock purchase plan 61 140
Proceeds received on stock subscription 210 0
Changes in finance lease obligations (143) (161)
Contingent consideration paid (494) (345)
Common stock repurchase (2,644) 0
Net cash used in financing activities (5,214) (17,764)
Effect of exchange rate changes on cash and cash equivalents (102) (123)
Increase (decrease) in cash and cash equivalents 665 (215)
Cash and cash equivalents at beginning of period 734 1,847
Cash and cash equivalents at end of period 1,399 1,632
Supplemental cash flow information:    
Interest 255 741
Income taxes 370 59
Non-cash financing activities:    
Equity awards issued 406 256
Note payable for purchase of treasury stock $ 0 $ 2,230