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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 26, 2022
Mar. 27, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Loss from continuing operations $ (3,343) $ (257)
Loss from discontinued operations (14) (1,771)
Net loss (3,357) (2,028)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,050 2,286
Provision for deferred income taxes (50) (64)
Stock-based compensation expense 154 72
Bad debt expense 24 0
Changes in operating assets and liabilities:    
Receivables 1,746 (1,105)
Inventories (3,152) (5,217)
Prepaids and other current assets 1,981 1,463
Accounts payable and accrued expenses (1,950) 8,179
Other operating assets and liabilities (151) (266)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (2,691) 5,091
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES - DISCONTINUED OPERATIONS (1,338) (3,460)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant and equipment (345) (364)
NET CASH USED IN INVESTING ACTIVITIES (345) (364)
NET CASH USED IN INVESTING ACTIVITIES - DISCONTINUED OPERATIONS 0 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Net payments on revolving credit facility (527) (354)
Borrowings on notes payable - buildings 11,000 0
Payments on notes payable - buildings and other term loans (5,538) (140)
Payments on notes payable - equipment and other (578) (910)
Payments on finance leases (363) (781)
Borrowings on finance leases 0 0
Change in outstanding checks in excess of cash 133 578
Repurchases of Common Stock (95) (57)
Payments for debt issuance costs (227) 0
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES 3,805 (1,664)
DECREASE IN CASH AND CASH EQUIVALENTS (569) (397)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,471 1,920
CASH AND CASH EQUIVALENTS AT END OF PERIOD 902 1,523
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 1,010 812
Operating cash flows from financing leases 333 391
Income taxes paid, net of tax refunds 59 79
Accrued purchases of equipment $ 0 $ 238