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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 07, 2017
Oct. 01, 2016
Operating Activities:    
Net income $ 6,602 $ 8,030
Depreciation and amortization 3,167 4,482
Gain on disposal of property and equipment (4) (2,112)
Stock-based compensation 391 230
Gain on bargain purchase (256) 0
Dividends received from equity method investments 2,168 1,060
Adjustments necessary to reconcile net income to net cash provided by operating activities (3,640) (9,778)
Net cash provided by operating activities 8,428 1,912
Investing Activities:    
Purchase of property and equipment (2,298) (2,206)
Acquisitions (1,401) (9,659)
Proceeds from sale of property and equipment 4 2,523
Purchase of marketable securities 0 (395)
Net cash used by investing activities (3,695) (9,737)
Financing Activities:    
Proceeds from issuance of long-term debt 44,495 54,076
Payments on long-term debt (43,946) (39,810)
Proceeds from exercise of stock options 153 531
Deferred financing fees 0 (83)
Cash dividends paid (4,954) (4,709)
Director stock compensation 152 144
Net cash provided by (used by) financing activities (4,100) 10,149
Net increase in cash and cash equivalents 633 2,324
Cash and cash equivalents, beginning of period 1,013 1,982
Cash and cash equivalents, end of period 1,646 4,306
Non-Cash Transactions    
Note payable for deferred purchase price obligation $ 50 $ 0