XML 21 R7.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 25, 2021
Dec. 26, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Income (loss) from continuing operations $ 5,153 $ (9,823)
Income (loss) from discontinued operations (3,537) 615
Net income (loss) 1,616 (9,208)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 8,474 9,550
Benefit for deferred income taxes (69) (343)
Net loss (gain) on property, plant and equipment disposals 210 41
Stock-based compensation (credit) expense 477 431
Bad debt expense 451 90
Write-off of deferred financing costs 0 157
Changes in operating assets and liabilities:    
Receivables (7,840) (4,671)
Inventories (14,838) 7,970
Prepaids and other current assets (1,946) (2,173)
Accounts payable and accrued expenses 7,314 4,156
Other operating assets and liabilities (4,025) 2,115
Net Cash Provided by (Used in) Operating Activities, Continuing Operations (6,639) 7,500
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES - DISCONTINUED OPERATIONS (8,770) 6,049
CASH FLOWS FROM INVESTING ACTIVITIES    
Net proceeds from sales of property, plant and equipment 19,475 44
Purchase of property, plant and equipment (4,376) (1,359)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 15,099 (1,315)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES - DISCONTINUED OPERATIONS 141 (401)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings (payments) on revolving credit facility 4,806 (31,341)
Borrowings on notes payable - buildings and other term loans 0 25,000
Payments on notes payable - buildings and other term loans (606) (343)
Borrowings on notes payable - equipment and other 1,565 1,460
Payments on notes payable - equipment and other (3,883) (2,380)
Borrowings on finance leases 0 2,211
Payments on finance leases (3,152) (4,756)
Change in outstanding checks in excess of cash 1,059 2,094
Repurchases of Common Stock (69) (921)
Payments for debt issuance costs 0 (1,706)
NET CASH USED IN FINANCING ACTIVITIES (280) (10,682)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (449) 1,151
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,920 769
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,471 1,920
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 3,141 3,591
Interest paid for financing leases 1,483 1,702
Income taxes paid (received), net 982 (100)
Right-of-use assets obtained in exchange for new operating lease 4,922 653
Equipment purchased under notes payable 0 1,314
Assets acquired in acquisitions, net of cash acquired $ 1,025 $ 0