Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v3.5.0.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Oct. 01, 2016
Oct. 03, 2015
Operating activities:    
Net loss $ (1,676) $ (2,645)
Adjustments to reconcile net loss to net cash and cash equivalents (used in) provided by operating activities:    
Depreciation and amortization 936 968
Share-based compensation 264 265
Deferred tax assets 439 209
Amortization of debt issuance costs 136 81
Other (37) (44)
Changes in assets and liabilities:    
Accounts receivable 2,004 (780)
Inventories 385 (165)
Other assets 108 94
Accounts payable and accrued expenses 301 621
Income taxes receivable/payable 859 (695)
Net cash flows provided (used) by operating activities 3,719 (2,091)
Investing activities:    
Purchases of property and equipment (244) (272)
Proceeds from sale of property and equipment 0 5
Other (22) (552)
Net cash flows provided (used) in investing activities (266) (819)
Financing activities:    
Net advances (payments) under line of credit (2,859) 3,170
Payments on debt obligations (821) (623)
Proceeds from issuance of debt obligations 100 379
Proceeds from issuance of common stock 0 24
Payment of debt issuance costs (125) 0
Net cash flows used in financing activities (3,705) 2,950
Effect of changes in exchange rate on cash and cash equivalents (8) (199)
Decrease in cash and cash equivalents (260) (159)
Cash and cash equivalents at beginning of period 1,969 3,523
Cash and cash equivalents at end of period 1,709 3,364
Supplemental disclosures of cash flow information:    
Cash payments for interest 1,033 612
Cash receipts for income taxes 860 394
Non-cash investing and financing activities:    
Debt issuance costs related to credit agreement renewal $ 63 $ 0