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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jan. 01, 2021
Jan. 03, 2020
Dec. 28, 2018
Cash flows from operating activities:      
Net income $ 5,913,000 $ 14,048,000 $ 4,968,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property, plant, and equipment 3,060,000 3,665,000 2,430,000
Amortization of intangibles 35,000 34,000 34,000
Deferred income taxes (849,000) (3,481,000) 441,000
Change in net pension liability 656,000 359,000 231,000
Loss on disposal of property and equipment 213,000 14,000 10,000
Stock-based compensation expense 12,146,000 10,547,000 6,762,000
Provision for sales returns and bad debts 835,000 275,000 905,000
Inventory provision 1,706,000 1,580,000 1,473,000
Changes in working capital:      
Accounts receivable (3,974,000) (4,502,000) (6,040,000)
Inventories (1,390,000) (950,000) (4,194,000)
Prepayments, deposits, and other current assets (3,753,000) (1,313,000) (598,000)
Accounts payable (812,000) 1,084,000 243,000
Other current liabilities 7,165,000 4,435,000 6,102,000
Net cash provided by operating activities 20,951,000 25,795,000 12,767,000
Cash flows from investing activities:      
Acquisition of property and equipment (8,404,000) (10,095,000) (2,245,000)
Acquisition of patents and licenses   (83,000)  
Net cash used in investing activities (8,404,000) (10,178,000) (2,245,000)
Cash flows from financing activities:      
Proceeds from public offering of stock     72,150,000
Repayment of finance lease obligations (561,000) (1,294,000) (1,907,000)
Repayment on line of credit (515,000) (2,018,000) (747,000)
Repurchase of employee common stock for taxes withheld     (54,000)
Proceeds from the exercise of stock options 20,646,000 3,459,000 5,195,000
Proceeds from vested restricted stock 1,000 2,000 2,000
Net cash provided by financing activities 19,571,000 149,000 74,639,000
Effect of exchange rate changes on cash, cash equivalents and restricted cash 367,000 203,000 197,000
Increase in cash, cash equivalents and restricted cash 32,485,000 15,969,000 85,358,000
Cash, cash equivalents and restricted cash, at beginning of year 119,968,000 103,999,000 18,641,000
Cash, cash equivalents and restricted cash, at end of year $ 152,453,000 $ 119,968,000 $ 103,999,000