XML 16 R7.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 24, 2023
Jun. 25, 2022
Cash Flows from Operating Activities:    
Net Income $ 2,949 $ 3,072
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Net Loss on Disposal of Property and Equipment 8 10
Deferred Income Taxes 44 (23)
Depreciation and Amortization 2,790 2,641
Provision for Accounts Receivable and Inventory Reserves 138 88
Stock-Based Compensation Expense 930 828
Changes in Assets and Liabilities, net of acquisitions:    
Accounts Receivable and Other Receivables 3,115 1,578
Inventory 1,950 (2,118)
Prepaid Expenses and Other Current Assets 531 432
Accounts Payable (4,315) (1,218)
Accrued Compensation and Other Current Liabilities (1,203) (3,247)
Income Taxes Payable 599 0
Net Cash Provided by Operating Activities 7,536 2,043
Cash Flows from Investing Activities:    
Purchases of Property and Equipment (2,767) (2,399)
Proceeds from Sale of Property and Equipment 0 10
Business Acquisitions, net of cash acquired (2,869) (4,040)
Net Cash Used in Investing Activities (5,636) (6,429)
Cash Flows from Financing Activities:    
(Repayments of) Proceeds from Revolving Credit Facility, net (204) 3,816
Repayments of Term Loan (553) (490)
Issuance of Common Stock 199 221
Repurchase of Common Stock (301) (437)
Net Cash (Used in) Provided by Financing Activities (859) 3,110
Effect of Exchange Rate Changes on Cash (423) 323
Net Increase (Decrease) in Cash 618 (953)
Cash at Beginning of Period 1,531 1,396
Cash at End of Period 2,149 443
Supplemental Disclosure of Cash Flow Activity:    
Interest 816 322
Income Taxes, net 107 117
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Common stock issued for acquisitions 6,831 145
Assets acquired and liabilities assumed in business combinations:    
Accrued holdback consideration related to Alliance acquisition $ 0 $ 518