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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Apr. 01, 2018
Mar. 26, 2017
Cash flows from operating activities    
Net income $ 2,465,571 $ 1,301,831
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 165,836 139,591
Amortization 1,129,670 1,231,843
Amortization of deferred financing fees 80,777 24,798
Interest expense on earn out payable 179,378 258,116
Provision for doubtful accounts 197,321 4,254
Stock-based compensation 67,029 77,563
Deferred income taxes 149,257 0
Net changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable 1,492,164 1,916,967
Prepaid expenses (855,638) (66,971)
Other current assets (58,626) 2,096
Deposits (136,263) (40,123)
Accrued interest 35,188 (489)
Accounts payable (1,155,647) 350,484
Accrued expenses (330,490) 754,333
Accrued workers’ compensation (185,333) (284,020)
Other current liabilities (87,552) 0
Accrued taxes 498,088 829,905
Other long-term liabilities (54,959) (28,294)
Net cash provided by operating activities 3,595,771 6,471,884
Cash flows from investing activities    
Capital expenditures (153,904) (327,112)
Net cash used in investing activities (153,904) (327,112)
Cash flows from financing activities    
Net payments under line of credit (632,023) (3,977,445)
Principal payments on long-term debt 612,500 0
Payments of dividends (2,189,844) (2,167,327)
Additional shares of common stock available for issuance in the 2013 Long-Term Incentive Plan (7,500) 0
Net cash used in financing activities (3,441,867) (6,144,772)
Net change in cash and cash equivalents 0 0
Cash and cash equivalents, beginning of period 0 0
Cash and cash equivalents, end of period 0 0
Supplemental cash flow information:    
Cash paid for interest 529,195 240,845
Cash paid for taxes, net of refunds 43,500 0
Non-cash transactions:    
Leasehold improvements funded by landlord incentives $ 214,222 $ 0