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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2019
Mar. 30, 2018
Operating activities    
Net income $ 7,091 $ 6,111
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 788 403
Amortization of intangible assets 571 406
Loss on disposal of property, plant, and equipment 0 40
Stock-based compensation 1,462 1,415
Amortization of debt issuance costs 99 106
Changes in assets and liabilities:    
Receivables (12,650) (37,042)
Other assets 94 (1,164)
Accounts payable (11,367) 9,497
Deferred taxes (1,090) (827)
Compensation and other employee benefits 6,724 5,788
Other liabilities 1,892 3,630
Net cash used in operating activities (6,386) (11,637)
Investing activities    
Purchases of capital assets and intangibles (9,886) (73)
Acquisition of business, net of cash acquired 0 (37,210)
Net cash used in investing activities (9,886) (37,283)
Financing activities    
Repayments of long-term debt (1,000) (1,000)
Proceeds from revolver 48,000 31,000
Repayments of revolver (48,000) (31,000)
Proceeds from exercise of stock options 602 1,309
Payments of employee withholding taxes on share-based compensation (683) (785)
Net cash used in financing activities (1,081) (476)
Exchange rate effect on cash (618) 690
Net change in cash (17,971) (48,706)
Cash-beginning of year 66,145 77,453
Cash-end of period 48,174 28,747
Supplemental disclosure of cash flow information:    
Interest paid 988 991
Income taxes (refunded) paid (296)  
Income taxes (refunded) paid   198
Non-cash investing activities:    
Purchase of capital assets on account $ (966) $ 0