XML 32 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 30, 2013
Mar. 31, 2012
Cash Flows from Operating Activities    
Net Income $ 3,707 $ 2,390
Adjustments to Reconcile Net Income to Net Cash Used in Operating Activities    
Depreciation and amortization 7,033 6,804
Stock-based compensation expense 693 566
Deferred income tax benefit (2,040) (844)
Income tax benefit from stock-based compensation 100 114
Recovery of doubtful accounts (157) (36)
Other decrease 246 408
Changes in Assets and Liabilities    
Accounts receivable decrease 1,066 1,487
Unbilled receivables (increase) decrease 212 (27)
Inventories increase (1,084) (2,789)
Production cost of contracts increase (2,559) (1,340)
Other assets decrease 1,244 3,913
Accounts payable decrease (2,097) (3,520)
Accrued and other liabilities decrease (12,486) (11,919)
Net Cash Used in Operating Activities (6,122) (4,793)
Cash Flows from Investing Activities    
Purchases of property and equipment (2,612) (4,917)
Proceeds from the sales of assets 5 3
Net Cash Used in Investing Activities (2,607) (4,914)
Cash Flows from Financing Activities    
Repayments of term loan and other debt (7,506) (491)
Deferred financing cost paid (181)  
Net cash effect of exercise related to stock options (127) (39)
Net Cash Used in Financing Activities (7,814) (530)
Net Decrease in Cash and Cash Equivalents (16,543) (10,237)
Cash and Cash Equivalents at Beginning of Period 46,537 41,449
Cash and Cash Equivalents at End of Period $ 29,994 $ 31,212