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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Cash Flows from Operating Activities    
Net Income $ 8,362 $ 10,593
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Depreciation and amortization 18,635 17,149
Property and equipment impairment due to restructuring 5,784 0
Stock-based compensation expense 3,414 4,264
Deferred income taxes 3,446 (164)
Provision for doubtful accounts 344 125
Other 9,275 (2,217)
Changes in Assets and Liabilities:    
Accounts receivable 10,771 (1,427)
Contract assets (88,066) 0
Inventories 22,909 (15,529)
Production cost of contracts (1,447) (599)
Other assets 3,709 458
Accounts payable 22,610 13,801
Contract liabilities 15,108 0
Accrued and other liabilities (1,452) 903
Net Cash Provided by Operating Activities 33,402 27,357
Cash Flows from Investing Activities    
Purchases of property and equipment (12,796) (24,599)
Proceeds from sale of assets 117 3
Insurance recoveries related to property and equipment 0 288
Payments for acquisition of Lightning Diversion Systems, LLC, net of cash acquired 0 (59,178)
Payments for acquisition of Certified Thermoplastics Co., LLC, net of cash acquired (30,711) 0
Net Cash Used in Investing Activities (43,390) (83,486)
Cash Flows from Financing Activities    
Borrowings from senior secured revolving credit facility 239,700 320,500
Repayments of senior secured revolving credit facility (227,100) (255,800)
Repayments of term loan 0 (10,000)
Repayments of other debt 0 (3)
Net cash paid upon issuance of common stock under stock plans (1,189) (2,311)
Net Cash Provided by Financing Activities 11,411 52,386
Net Increase (Decrease) in Cash and Cash Equivalents 1,423 (3,743)
Cash and Cash Equivalents at Beginning of Period 2,150 7,432
Cash and Cash Equivalents at End of Period $ 3,573 $ 3,689