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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Cash Flows from Operating Activities    
Net Income $ 8,099 $ 6,695
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and amortization 7,768 6,922
Non-cash operating lease cost 1,842 736
Stock-based compensation expense 1,590 3,133
Deferred income taxes 93 606
(Recovery of) provision for credit losses (307) 18
Other 139 122
Changes in Assets and Liabilities:    
Accounts receivable (10,236) (3,117)
Contract assets (10,766) (19,881)
Inventories (8,857) (9,064)
Production cost of contracts (371) (488)
Other assets 504 (369)
Accounts payable 8,540 8,192
Contract liabilities (4,236) (4,007)
Operating lease liabilities (1,615) (784)
Accrued and other liabilities (11,038) (12,069)
Net Cash Used in Operating Activities (18,851) (23,355)
Cash Flows from Investing Activities    
Purchases of property and equipment (4,825) (4,542)
Proceeds from sale of assets 51 0
Net Cash Used in Investing Activities (4,774) (4,542)
Cash Flows from Financing Activities    
Borrowings from senior secured revolving credit facility 0 20,000
Repayments of senior secured revolving credit facility 0 (25,000)
Repayments of term loans (31,750) (2,676)
Repayments of other debt (83) (84)
Net cash paid upon issuance of common stock under stock plans (1,598) (3,837)
Net Cash Used in Financing Activities (33,431) (11,597)
Net Decrease in Cash and Cash Equivalents (57,056) (39,494)
Cash and Cash Equivalents at Beginning of Period 76,316 56,466
Cash and Cash Equivalents at End of Period $ 19,260 $ 16,972