XML 45 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Operating activities:    
Net income $ 1,705 $ 3,744
Adjustments to reconcile net income to cash (used in) provided by operating activities:    
Depreciation and amortization 864 612
Excess tax benefit from exercise of stock options (77) (103)
Provision for obsolete inventory 102 174
Provision for warranty 1 0
Provision for doubtful accounts 0 54
Share-based compensation expense 154 208
Deferred income taxes (46) 1,226
Changes in operating assets and liabilities:    
Trade receivables (1,561) 3,964
Inventories (191) 1,353
Other assets (2,031) (1,550)
Accounts payable 1,200 (5,107)
Accrued compensation and vacation (1,406) 825
Other liabilities (317) 622
Cash (used in) provided by operating activities (1,603) 6,022
Investing activities:    
Acquisition of Sabre (6,027) 0
Purchase of property and equipment (1,134) (739)
Cash used in investing activities (7,161) (739)
Financing activities:    
Principal payments on capital lease obligations (189) (178)
Borrowings under revolving credit agreement 0 31,494
Repayment of revolving credit agreement 0 (35,412)
Excess tax benefit from exercise of stock options 77 103
Proceeds from exercise of stock options 17 9
Cash used in financing activities (95) (3,984)
Net (decrease) increase in cash and cash equivalents (8,859) 1,299
Cash and cash equivalents, beginning of period 10,819 502
Cash and cash equivalents, end of period 1,960 1,801
Supplemental cash flow information:    
Interest payments 26 133
Income tax payments, net of refunds $ 135 $ 479