Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 29, 2012
Dec. 31, 2011
Operating activities    
Net income (loss) $ (4,456) $ 4,722
Adjustments to reconcile net income (loss) to net cash and cash equivalents (used in) provided by operating activities:    
Depreciation and amortization 1,221 1,303
Impairment charge 1,082 0
Share-based compensation 153 428
Amortization of deferred financing costs 197 193
Amortization of deferred gain (488) (487)
Reversal of deferred income tax valuation allowance 0 (917)
Deferred income taxes 367 1,621
Excess tax benefits related to share-based compensation 0 (53)
Other 38 (4)
Changes in assets and liabilities:    
Accounts receivable 1,178 (2,417)
Inventories 1,182 (1,863)
Other current assets (434) (896)
Other assets 20 224
Accounts payable and accrued expenses 491 (471)
Income taxes payable 0 (7)
Net cash flows provided by operating activities 551 1,376
Investing activities    
Purchases of property and equipment (818) (1,757)
Decrease (increase) in restricted cash 0 701
Proceeds from sale of property and equipment 0 11
Net cash flows used in investing activities (818) (1,045)
Financing activities    
Checks issued in excess of cash in bank 0 (42)
Net borrowings (payments) under line of credit (126) 546
Payments on debt obligations (990) (8,315)
Proceeds from issuance of debt obligations 0 9,400
Payment of deferred financing costs 0 (669)
Proceeds from issuance of Common Stock 86 117
Excess tax benefits related to share-based compensation 0 53
Net cash flows (used in) provided by financing activities (1,030) 1,090
Effect of changes in exchange rate on cash and cash equivalents 70 (85)
Increase (decrease) in cash and cash equivalents (1,227) 1,336
Cash and cash equivalents at beginning of period 4,401 3,065
Cash and cash equivalents at end of period 3,174 4,401
Supplemental disclosures of cash flow information    
Cash payments for interest 935 931
Cash payments (refunds) for income taxes (154) 1,055
Non-cash investing and financing activities    
Equipment acquired under financing obligations and capital leases 159 253
Repayment of debt from trade-in of equipment $ 87 $ 0