Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Operating activities    
Net income (loss) $ 1,692 $ 855
Adjustments to reconcile net income (loss) to net cash and cash equivalents (used in) provided by operating activities:    
Depreciation and amortization 676 680
Share-based compensation 140 59
Amortization of deferred gain (244) (243)
Amortization of debt issuance costs 53 77
Other 32 15
Changes in assets and liabilities:    
Accounts receivable 402 (3,082)
Inventories (691) 3,234
Other current assets (189) 42
Other assets (6) (36)
Accounts payable and accrued expenses (57) 1,376
Income taxes payable 270 91
Net cash flows provided by operating activities 2,078 3,068
Investing activities    
Purchases of property and equipment (216) (103)
Decrease (increase) in restricted cash 500 (500)
Proceeds from Sale of Property, Plant, and Equipment 12 9
Net cash flows used in investing activities 296 (594)
Financing activities    
Net payments under line of credit (1,290) (2,501)
Payments on debt obligations (515) (444)
Proceeds from issuance of debt obligations 0 220
Proceeds from issuance of Common Stock 24 0
Payment of debt issuance costs 0 (129)
Net cash flows used in financing activities (1,781) (2,854)
Effect of changes in exchange rate on cash and cash equivalents (7) (135)
Increase (decrease) in cash and cash equivalents 586 (515)
Cash and cash equivalents at beginning of period 1,948 3,174
Cash and cash equivalents at end of period 2,534 2,659
Supplemental disclosures of cash flow information    
Cash payments for interest 390 473
Cash payments for income taxes, net of refunds 910 54
Non-cash investing and financing activities    
Equipment acquired under capital lease and other financing obligations 725 56
Accrued debt issuance costs related to amended credit agreement $ 0 $ 11