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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Operating activities    
Net earnings $ 17,564 $ 9,006
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Impairment of goodwill and indefinite-lived intangibles 0 1,223
Depreciation and amortization 7,622 7,108
Loss (gain) on sale of property and equipment (178) 44
Reclassification of foreign currency translation adjustment related to disposal of subsidiary 191 0
Share-based compensation expense 1,024 942
Inventory write-offs for obsolescence 866 1,135
Deferred income taxes 1,116 (1,110)
Other (3,485) (1,820)
Net changes in operating assets and liabilities:    
Accounts receivable, net (3,434) (776)
Inventories, net (10,739) (7,744)
Prepaid expenses and other current assets 254 314
Trade accounts payable 14 1,715
Other current liabilities (2,059) 2,341
Net cash provided by operating activities 8,756 12,378
Investing activities    
Capital expenditures (8,815) (8,309)
Proceeds from sale of property and equipment 380 16
Purchase of business, net of cash acquired 0 (47,216)
Net cash used in investing activities (8,435) (55,509)
Financing activities    
Principal payments on long-term debt 0 (18)
Proceeds from revolving facility 0 20,000
Distributions to noncontrolling interests (284) (167)
Payments of employee taxes on certain share-based arrangements (435) (846)
Net cash (used in) provided by financing activities (719) 18,969
Effect of exchange rate changes on cash and cash equivalents (4,508) (820)
Decrease in cash and cash equivalents (4,906) (24,982)
Cash and cash equivalents at beginning of period 84,335 98,438
Cash and cash equivalents at end of period 79,429 73,456
Supplemental disclosure of investing transactions:    
Capital expenditures purchased (8,432) (6,353)
Capital expenditures accrued but not yet paid $ 2,684 $ 606