XML 19 R8.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 02, 2019
May 27, 2018
Cash flows from operating activities:    
Net earnings from continuing operations $ 2,714 $ 816
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 366 432
Stock-based compensation 124 201
Deferred income taxes 97
Amortization of bond premium (56) 22
Changes in operating assets and liabilities (470) (3,063)
Net cash provided by (used in) operating activities - continuing operations 2,775 (1,592)
Net cash (used in) provided by operating activities - discontinued operations (127) 1,333
Net cash provided by (used in) operating activities 2,648 (259)
Cash flows from investing activities:    
Purchase of property, plant and equipment (1,860) (10)
Purchases of marketable securities (34,046) (2,484)
Proceeds from sales and maturities of marketable securities 14,196 3,091
Net cash (used in) provided by investing activities - continuing operations (21,710) 597
Net cash used in investing activities - discontinued operations (3)
Net cash (used in) provided by investing activities (21,710) 594
Cash flows from financing activities:    
Dividends paid (2,049) (2,023)
Proceeds from exercise of stock options 71 47
Net cash used in financing activities - continuing operations (1,978) (1,976)
Net cash used in financing activities - discontinued operations
Net cash used in financing activities (1,978) (1,976)
Decrease in cash and cash equivalents before effect of exchange rate changes - continuing operations (20,913) (2,971)
(Decrease) increase in cash and cash equivalents before effect of exchange rate changes - discontinued operations (127) 1,330
Decrease in cash and cash equivalents before effect of exchange rate changes (21,040) (1,641)
Effect of exchange rate changes on cash and cash equivalents - continuing operations (98)
Effect of exchange rate changes on cash and cash equivalents - discontinued operations 122
Effect of exchange rate changes on cash and cash equivalents 24
Decrease in cash and cash equivalents: (21,040) (1,617)
Cash and cash equivalents, beginning of period 71,007 18,254
Cash and cash equivalents, end of period 49,967 16,637
Supplemental cash flow information:    
Cash paid during the period for income taxes, net of refunds $ 2,442