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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 01, 2016
Oct. 03, 2015
Operating Activities:    
Net income $ 8,030 $ 8,747
Depreciation and amortization 4,482 3,812
Loss (gain) on disposal of property and equipment (2,112) 1
Stock-based compensation 230 440
Dividends received from equity method investments 1,060 928
Adjustments necessary to reconcile net income to net cash provided by operating activities (9,778) (8,147)
Net cash provided by operating activities 1,912 5,781
Investing Activities:    
Purchase of property and equipment (2,206) (3,900)
Acquisitions (9,659) (10,300)
Proceeds from sale of property and equipment 2,523 0
Purchase of marketable securities (395) 0
Proceeds from disposal of short-term time deposits 0 1,450
Net cash used in investing activities (9,737) (12,750)
Financing Activities:    
Net increase in notes payable 10,910 11,764
Principal payments on long-term debt (1,644) (1,586)
Proceeds from issuance of long-term debt 5,000 0
Proceeds from exercise of stock options 531 733
Deferred financing fees (83) 0
Cash dividends paid (4,709) (4,511)
Director stock compensation 144 38
Net cash provided by financing activities 10,149 6,438
Net increase (decrease) in cash and cash equivalents 2,324 (531)
Cash and cash equivalents, beginning of period 1,982 3,232
Cash and cash equivalents, end of period 4,306 2,701
Supplemental Cash Flows Information    
Dividends payable 0 3
Non-Cash Transactions    
Note payable for deferred purchase price obligation $ 0 $ 200