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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Dec. 26, 2015
Operating Activities:      
Net Income $ 14,061 $ 11,493 $ 11,606
Reconciling adjustments:      
Depreciation and amortization 3,910 5,244 5,218
Provision for doubtful accounts 775 1,758 159
Stock option and restricted stock unit expense 522 398 719
Equity in net income of joint venture investments (1,634) (1,672) (2,993)
Deferred income taxes (2,947) (375) 1,696
Gain on bargain purchase (256) 0 0
Loss (gain) on disposals of assets (5) (2,158) 1
Dividends received from equity method investments 2,168 1,060 928
Changes in      
Accounts receivable (3,366) 2,709 (6,053)
Inventories (468) (6,548) (1,121)
Prepaids and other assets (507) 950 2,887
Accounts payable and accrued expenses 1,110 (690) 2,416
Net cash provided by operating activities 13,363 12,169 15,463
Investing Activities:      
Purchase of property and equipment (2,745) (2,653) (5,067)
Acquisitions (1,450) (9,659) (10,678)
Net sale of short-term time deposits 0 0 1,450
Net purchase of marketable securities 0 (57) 0
Proceeds from insurance for involuntary conversion 0 0 0
Proceeds from sale of property and equipment 5 2,568 0
Net cash used in investing activities (4,190) (9,801) (14,295)
Financing Activities:      
Dividends paid (6,607) (6,282) (6,072)
Proceeds from issuance of long-term debt 56,713 65,887 62,127
Net decrease in notes payable 0 0 (2,699)
Proceeds from exercise of stock options 159 547 937
Payments on long-term debt (59,031) (63,585) (57,436)
Deferred financing fees 0 (83) 0
Tax benefit from settlement of stock compensation 0 35 701
Tax withholding for equity awards 0 0 (79)
Director stock compensation 152 144 103
Net cash used in financing activities (8,614) (3,337) (2,418)
Increase (Decrease) in Cash and Cash Equivalents 559 (969) (1,250)
Cash and Cash Equivalents, beginning of year 1,013 1,982 3,232
Cash and Cash Equivalents, end of year 1,572 1,013 1,982
Supplemental Cash Flows Information      
Interest paid 792 866 465
Income taxes paid 3,816 3,333 108
Dividends payable 0 0 4
Information regarding the Company’s acquisitions in 2017, 2016 and 2015 are as follows:      
Fair value of assets acquired 2,018 10,597 13,269
Cash paid for assets 1,450 9,464 10,678
Note payable for deferred purchase price obligation 0 0 200
Liabilities assumed $ 568 $ 1,133 $ 2,391