Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Operating activities    
Net income (loss) $ (2,645) $ 1,455
Adjustments to reconcile net income (loss) to net cash and cash equivalents (used in) provided by operating activities:    
Depreciation and amortization 968 1,014
Share-based compensation 265 262
Amortization of deferred gain 0 (365)
Amortization of debt issuance costs 81 79
Deferred tax assets 209 (493)
Other (44) 32
Changes in assets and liabilities:    
Accounts receivable (780) 560
Inventories (165) 134
Other current assets 94 (773)
Accounts payable and accrued expenses 621 1,618
Income taxes receivable/payable (695) 145
Net cash flows (used in) provided by operating activities (2,091) 3,668
Investing activities    
Purchases of property and equipment (272) (299)
(Increase) decrease in restricted cash (500) 500
Proceeds from Sale of Property, Plant, and Equipment 5 12
Payments for (Proceeds from) Other Investing Activities (52) 0
Net cash flows used in investing activities (819) 213
Financing activities    
Net proceeds (payments) under line of credit 3,170 (2,077)
Payments on debt obligations (623) (792)
Proceeds from issuance of debt obligations 379 0
Proceeds from issuance of Common Stock 24 24
Net cash flows provided by (used in) financing activities 2,950 (2,845)
Effect of changes in exchange rate on cash and cash equivalents (199) (101)
Increase (decrease) in cash and cash equivalents (159) 935
Cash and cash equivalents at beginning of period 3,523 1,948
Cash and cash equivalents at end of period 3,364 2,883
Supplemental disclosures of cash flow information    
Cash payments for interest 612 556
Cash payments (receipts) for income taxes (394) 1,352
Non-cash investing and financing activities    
Equipment acquired under capital lease and other financing obligations $ 0 $ 725