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, unless otherwise specified
 9 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Operating activities    
Net income (loss) $ 2,197 $ 2,117
Adjustments to reconcile net income (loss) to net cash and cash equivalents (used in) provided by operating activities:    
Depreciation and amortization 1,014 1,017
Share-based compensation 262 160
Amortization of deferred gain (365) (365)
Amortization of debt issuance costs 79 105
Other 32 16
Changes in assets and liabilities:    
Accounts receivable 560 (4,541)
Inventories 134 2,025
Other current assets (771) 118
Other assets (2) (38)
Accounts payable and accrued expenses 383 3,353
Income taxes payable 145 229
Net cash flows provided by operating activities 3,668 4,196
Investing activities    
Purchases of property and equipment (299) (357)
Decrease (increase) in restricted cash 500 (500)
Proceeds from Sale of Property, Plant, and Equipment 12 10
Net cash flows used in investing activities 213 (847)
Financing activities    
Net payments under line of credit (2,077) (3,736)
Payments on debt obligations (792) (687)
Proceeds from issuance of debt obligations 0 220
Proceeds from issuance of Common Stock 24 36
Payment of debt issuance costs 0 (129)
Net cash flows used in financing activities (2,845) (4,296)
Effect of changes in exchange rate on cash and cash equivalents (101) (96)
Increase (decrease) in cash and cash equivalents 935 (1,043)
Cash and cash equivalents at beginning of period 1,948 3,174
Cash and cash equivalents at end of period 2,883 2,131
Supplemental disclosures of cash flow information    
Cash payments for interest 556 712
Cash payments for income taxes, net of refunds 1,352 (110)
Non-cash investing and financing activities    
Equipment acquired under capital lease and other financing obligations 725 78
Accrued debt issuance costs related to amended credit agreement $ 0 $ 0