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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2016
Jul. 04, 2015
Cash flows from operating activities:    
Net income $ 8,829 $ 13,432
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 4,540 3,242
Amortization 2,878 1,683
Provision for (recovery on) allowance for doubtful accounts 25 (230)
Stock-based compensation 1,147 932
Amortization and write-off of deferred financing costs and debt discount 5,201 479
Derivative financial instruments   126
Deferred income taxes   50
Excess tax benefits on stock-based compensation (464) (3,544)
(Gain) loss on disposal of assets (6) 9
Change in operating assets and liabilities (net of the effect of the acquisition):    
Accounts receivable (11,904) (12,526)
Inventories (566) (3,512)
Prepaid expenses, other current and other assets 2,927 (1,085)
Accounts payable, accrued and other liabilities 10,991 10,706
Net cash provided by operating activities 23,598 9,762
Cash flows from investing activities:    
Purchases of property, plant and equipment (8,176) (8,844)
Business acquisition (100,259)  
Proceeds from sale of equipment 6  
Net cash used in investing activities (108,429) (8,844)
Cash flows from financing activities:    
Payments of long-term debt (198,850) (1,000)
Proceeds from issuance of long-term debt 261,030  
Payments of financing costs (7,178)  
Purchases of treasury stock (2,776) (4)
Proceeds from exercise of stock options 152 1,576
Proceeds from issuance of common stock under employee stock purchase plan 17  
Excess tax benefits on stock-based compensation 464 3,544
Other (15) (16)
Net cash provided by financing activities 52,844 4,100
Net (decrease) increase in cash and cash equivalents (31,987) 5,018
Cash and cash equivalents at beginning of period 61,493 42,469
Cash and cash equivalents at end of period 29,506 47,487
Non-cash activity:    
Earn-out contingency in accrued liabilities 3,000  
Property, plant and equipment additions in accounts payable $ 428 $ 273