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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Cash flows from operating activities:    
Net income $ 3,952 $ 3,837
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 332 316
Gain on sale of assets 0 (395)
Equity compensation expense from awards issued 635 496
Deferred income tax expense 49 51
Change in operating right of use assets 234 235
Changes in operating assets and liabilities:    
Accounts receivable (2,802) (8,035)
Prepaid expenses and other current assets 120 960
Net of transit accounts receivable and payable (219) 1,472
Accounts payable and accrued expenses 1,345 (1,667)
Accrued payroll and related costs 976 2,404
Right of use liabilities (304) (348)
Income taxes payable (451) (141)
Deferred revenue 1,633 (310)
Deposits 24 11
Total adjustments and changes in operating assets and liabilities 2,474 (4,669)
Net cash provided by (used in) operating activities 6,426 (832)
Cash flows from investing activities:    
Property and equipment acquired (669) (332)
Net cash used in investing activities (669) (332)
Cash flows from financing activities:    
Borrowings under line of credit 34,738 32,807
Repayments under line of credit (43,383) (22,438)
Issuance of stock for employee stock purchase plan 364 347
Retirement of common shares (1,317) 0
Changes in finance lease obligations (116) (116)
Common stock repurchase 0 (8,184)
Net cash (used in) provided by financing activities (9,714) 2,416
Effect of exchange rate changes on cash and cash equivalents (228) 234
(Decrease) increase in cash and cash equivalents (4,185) 1,486
Cash and cash equivalents at beginning of period 6,284 339
Cash and cash equivalents at end of period 2,099 1,825
Supplemental cash flow information:    
Interest 473 187
Income taxes 541 131
Non-cash financing activities:    
Right of use assets obtained in exchange for lease obligations $ 602 $ 0