XML 31 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Operating activities:    
Net income $ 36 $ 1,274
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 389 307
Change in fair value of earn-out liability (129) 303
Stock-based compensation cost recognized 725 722
Provision for doubtful accounts 36 49
Deferred income taxes 2  
Changes in operating assets and liabilities:    
Accounts receivable 565 (282)
Inventories (2,065) 1,001
Prepaid expenses and other current assets (156) 28
Other long-term assets 37 65
Accounts payable 801 (436)
Accrued compensation (552) (389)
Accrued expenses (180) (73)
Accrued warranty 59 70
Deferred revenue 32 42
Other long-term liabilities 46 (21)
Net cash (used in) provided by operating activities (354) 2,660
Investing activities:    
Acquisition of property and equipment (731) (472)
Payment on earn-out liability (328) (361)
Net cash used in investing activities (1,059) (833)
Financing activities:    
Proceeds from stock option exercises 747 1,182
Repurchase of common stock (1,543) (3,411)
Repurchase of vested stock options (275)  
Taxes paid related to net share settlements of equity awards (606)  
Net cash used in financing activities (1,677) (2,229)
Net decrease in cash and cash equivalents (3,090) (402)
Cash and cash equivalents, beginning of period 13,303 [1] 13,444
Cash and cash equivalents, end of period 10,213 13,042
Cash paid during the period for:    
Income taxes $ 33 $ 47
[1] Derived from the audited consolidated financial statements included in the Annual Report on Form 10-K filed with the SEC for the year ended January 3, 2015.