XML 17 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Cash Flows from Operating Activities    
Net Income $ 2,600 $ 2,115
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Depreciation and amortization 5,981 5,782
Property and equipment impairment due to restructuring 1,077 0
Stock-based compensation expense 1,090 1,822
Deferred income taxes (206) 532
(Recovery of) provision for doubtful accounts (143) 26
Other 8,810 (1,860)
Changes in Assets and Liabilities:    
Accounts receivable 9,292 4,590
Contract assets (78,163) 0
Inventories 36,229 (7,305)
Production cost of contracts (55) 45
Other assets 412 610
Accounts payable 12,213 6,465
Contract liabilities 15,723 0
Accrued and other liabilities (4,524) 415
Net Cash Provided by Operating Activities 10,336 13,237
Cash Flows from Investing Activities    
Purchases of property and equipment (3,341) (6,797)
Proceeds from sale of assets 41 3
Net Cash Used in Investing Activities (3,300) (6,794)
Cash Flows from Financing Activities    
Borrowings from senior secured revolving credit facility 76,700 55,600
Repayments of senior secured revolving credit facility (83,300) (55,600)
Repayments of term loan 0 (5,000)
Repayments of other debt 0 (3)
Net cash paid upon issuance of common stock under stock plans (789) (1,758)
Net Cash Used in Financing Activities (7,389) (6,761)
Net Decrease in Cash and Cash Equivalents (353) (318)
Cash and Cash Equivalents at Beginning of Period 2,150 7,432
Cash and Cash Equivalents at End of Period $ 1,797 $ 7,114