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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Operating activities    
Net earnings $ 6,982 $ 6,684
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 3,858 3,823
Gain on sale of property and equipment 0 7
Reclassification of foreign currency translation adjustment related to disposal of subsidiary 0 191
Share-based compensation expense 681 497
Inventory write-offs for obsolescence 425 396
Deferred income taxes 383 25
Foreign currency impacts and other items (1,022) (844)
Net changes in operating assets and liabilities:    
Accounts receivable 1,201 (1,546)
Inventories (2,854) (3,755)
Prepaid expenses and other current assets 1,260 (2,367)
Trade accounts payable (1,713) (358)
Other current liabilities (695) (2,641)
Other non current assets and liabilities, net (201) (131)
Accrued pension and other postretirement costs, net 138 (254)
Net cash provided by (used in) operating activities 8,443 (273)
Investing activities    
Capital expenditures (3,501) (4,303)
Proceeds from sale of property and equipment 0 10
Net cash used in investing activities (3,501) (4,293)
Financing activities    
Distributions to noncontrolling interests (20) (246)
Payments of employee taxes on certain share-based arrangements (825) (435)
Net cash used in financing activities (845) (681)
Effect of exchange rate changes on cash and cash equivalents 622 (907)
Increase (decrease) in cash and cash equivalents 4,719 (6,154)
Cash and cash equivalents at beginning of period 88,562 84,335
Cash and cash equivalents at end of period 93,281 78,181
Supplemental disclosure of investing transactions:    
Capital expenditures accrued but not yet paid $ 806 $ 850