XML 21 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Jan. 02, 2016
Cash flows from operating activities:      
Net income $ 39,839 $ 23,747 $ 23,552
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 13,051 9,577 7,008
Amortization 6,477 6,096 3,413
Provision for (recovery on) allowance for doubtful accounts 576 81 (131)
Stock-based compensation 1,948 1,769 1,774
Amortization and write-offs of deferred financing costs 4,642 6,779 1,014
Derivative financial instruments     126
Deferred income taxes (9,066) 6,277 5,993
Excess tax benefits on stock-based compensation   (1,872) (3,840)
Fair value adjustment to contingent consideration   (3,000)  
(Gain) loss on disposal of assets (452) (45) 10
Amortization of advance vendor consideration (628)    
Change in operating assets and liabilities (net of the effects of the acquisitions):      
Accounts receivable (17,922) (7,069) (7,263)
Inventories (7,305) (152) (3,083)
Prepaid expenses and other current assets (1,024) 2,215 (1,786)
Accounts payable and accrued liabilities 18,889 1,962 5,669
Net cash provided by operating activities 49,025 46,365 32,456
Cash flows from investing activities:      
Purchases of property, plant and equipment (17,818) (17,694) (17,391)
Business acquisitions   (101,338)  
Proceeds from disposals of assets 3,089 45  
Net cash used in investing activities (14,729) (118,987) (17,391)
Cash flows from financing activities:      
Payments of long-term debt (40,132) (203,525) (2,000)
Proceeds from issuance of long-term debt   261,030  
Payments of financing costs   (7,178)  
Purchases and retirements of treasury stock (284) (2,847) (44)
Proceeds from exercise of stock options 941 981 2,192
Proceeds from issuance of common stock under ESPP 29 36  
Excess tax benefits on stock-based compensation   1,872 3,840
Other (31) (30) (29)
Net cash (used in) provided by financing activities (39,477) 50,339 3,959
Net (decrease) increase in cash and cash equivalents (5,181) (22,283) 19,024
Cash and cash equivalents at beginning of year 39,210 61,493 42,469
Cash and cash equivalents at end of year 34,029 39,210 61,493
Supplemental cash flow information:      
Interest paid 16,329 16,015 11,502
Income tax payments, net of refunds 46 2,231 6,808
Non-cashactivity:      
Financed purchase of software license 590    
Contingent consideration reversed out of accrued liabilities   3,000  
Portion of USI purchase price held-back by PGTI   85  
Property, plant and equipment additions in accounts payable $ 111 $ 251 $ 723