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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Operating activities    
Net earnings $ 6,684 $ 4,943
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 3,823 3,522
Loss (gain) on sale of property and equipment 7 (1)
Reclassification of foreign currency translation adjustment related to disposal of subsidiary 191 0
Share-based compensation expense 497 366
Inventory write-offs for obsolescence 396 613
Deferred income taxes 25 (116)
Other (1,229) (1,659)
Net changes in operating assets and liabilities:    
Accounts receivable, net (1,546) 753
Inventories, net (3,755) (3,089)
Prepaid expenses and other current assets (2,367) 366
Trade accounts payable (358) 526
Other current liabilities (2,641) (601)
Net cash (used in) provided by operating activities (273) 5,623
Investing activities    
Capital expenditures (4,303) (5,746)
Proceeds from sale of property and equipment 10 3
Net cash used in investing activities (4,293) (5,743)
Financing activities    
Principal payments on long-term debt 0 (18)
Distributions to noncontrolling interests (246) (111)
Payments of employee taxes on certain share-based arrangements (435) (846)
Net cash used in financing activities (681) (975)
Effect of exchange rate changes on cash and cash equivalents (907) (1,189)
Decrease in cash and cash equivalents (6,154) (2,284)
Cash and cash equivalents at beginning of period 84,335 98,438
Cash and cash equivalents at end of period 78,181 96,154
Supplemental disclosure of investing transactions:    
Capital expenditures purchased (2,085) (4,150)
Capital expenditures accrued but not yet paid $ 850 $ 965