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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 24,741 $ 14,341
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,316 1,214
Amortization of finite-lived intangibles 1,098 1,231
Amortization of debt issuance costs 38 38
Stock-based compensation 2,563 1,382
Change in the fair value of financial instruments (856) 310
Loss on the disposal of fixed assets 52  
Changes in assets and liabilities:    
Accounts receivable 6,839 (20,078)
Inventories (24,660) (19,068)
Prepaid expenses and other (1,089) 246
Deferred income taxes (46) (58)
Other non-current assets (255) (245)
Accounts payable (4,214) 23,793
Accrued compensation and related benefits 187 2,908
Income taxes payable (2,358) 2,149
Other liabilities 1,723 981
Net cash provided by operating activities 5,079 9,144
Cash flows from investing activities:    
Purchases of equipment and leasehold improvements (5,911) (2,784)
Net cash used for investing activities (5,911) (2,784)
Cash flows from financing activities:    
Proceeds from bank borrowings 10,222 1,000
Proceeds from issuance of common stock 94,330 1,383
Principal payments on bank borrowings (7,873) (4,697)
Employees’ taxes paid upon vesting of restricted stock units (1,862) (1,582)
Net cash provided by (used for) financing activities 94,817 (3,896)
Effect of exchange rate changes on cash and cash equivalents 74 6
Net increase in cash and cash equivalents 94,059 2,470
Cash and cash equivalents at beginning of period 68,306 52,465
Cash and cash equivalents at end of period 162,365 54,935
Supplemental cash flow information:    
Income taxes paid 4,761 2,418
Income tax refunds 5 25
Interest paid 435 551
Non-cash investing and financing activities:    
Restricted stock issued 7,751 7,003
Equipment and leasehold improvements purchased included in accounts payable $ 2,686 $ 658