XML 20 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Interim Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Apr. 28, 2012
Apr. 30, 2011
Reconciliation of net loss to cash flows (used in) provided by operating activities:    
Net loss $ (4,692) $ 662
Adjustments for items not requiring (providing) cash:    
Depreciation and amortization 2,219 4,016
Amortization of prepaid debt fees 97 155
Stock-based compensation expense (31) 254
Loss on disposition of property and equipment 36 0
Deferred income tax provision 0 (406)
Pension, supplemental retirement plan and profit sharing expense 119 539
Other 0 (58)
Increase (decrease) in cash flow from operating assets and liabilities:    
Accounts receivable 1,205 (3,028)
Inventories (76) (594)
Prepaid expenses and other current assets (552) 135
Accounts payable (955) 1,550
Contribution to pension plan (1,114) (513)
Accrued expenses and other liabilities (1,730) (1,498)
Deferred lease fees 371 (1,139)
Income taxes payable 467 (1,318)
Deferred revenues and related costs 1,003 3,502
Other 0 (101)
Cash flows (used in) provided by operating activities (3,633) 2,158
Cash flows provided by (used in) financing activities:    
Borrowings under revolving credit facility 21,348 39,000
Repayments on revolving credit facility (19,260) (35,000)
Cash dividends 0 (1,751)
Purchase of treasury stock 0 (1,087)
Surrender of employee shares for taxes (18) (690)
Other 0 222
Cash flows provided by (used in) financing activities 2,070 694
Cash flows (used in) provided by investing activities:    
Additions to property and equipment (1,296) (2,097)
Other 0 57
Cash flows used in investing activities (1,296) (2,040)
Effect of exchange rate changes on cash and cash equivalents 149 (44)
Net decrease in cash and cash equivalents (2,710) 768
Cash and cash equivalents at beginning of period 8,524  
Cash and cash equivalents at end of period 5,814 6,131
Supplemental cash flow information:    
Interest paid 729 433
Income taxes paid, net (79) 2,122
Supplemental non-cash financing activities:    
Issuance of treasury stock under the Employee Profit Sharing Plan 0 752
Issuance of common stock, restricted stock and stock options to employees and directors $ 28 $ 994