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
 3 Months Ended
Mar. 31, 2012
Apr. 02, 2011
Operating activities    
Net income (loss) $ (77) $ 737
Adjustments to reconcile net income (loss) to net cash and cash equivalents provided by operating activities:    
Depreciation and amortization 303 365
Share-based compensation 36 99
Amortization of deferred gain (122) (122)
Amortization of debt issuance costs 49 46
Other 3 15
Changes in assets and liabilities:    
Accounts receivable 1,298 (1,903)
Inventories (1,807) 1,993
Other current assets (231) (495)
Other assets (37) 28
Accounts payable and accrued expenses 2,412 1,179
Income taxes payable   304
Net cash flows provided by operating activities 1,827 2,246
Investing activities    
Purchases of property and equipment (350) (927)
Decrease in restricted cash   352
Proceeds from sale of property and equipment   4
Net cash flows used in investing activities (350) (571)
Financing activities    
Checks issued in excess of cash in bank   (42)
Net payments under line of credit (1,725) (1,810)
Payments on debt obligations (257) (7,578)
Proceeds from issuance of debt obligations   9,400
Proceeds from issuance of Common Stock 82  
Payment of debt issuance costs   (604)
Excess tax benefits related to share-based compensation   36
Net cash flows used in financing activities (1,900) (598)
Effect of changes in exchange rate on cash and cash equivalents 58 67
Increase (decrease) in cash and cash equivalents (365) 1,144
Cash and cash equivalents at beginning of period 4,401 3,065
Cash and cash equivalents at end of period 4,036 4,209
Supplemental disclosures of cash flow information    
Cash payments for interest 203 268
Cash payments for income taxes $ 123 $ 105