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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 06, 2018
Oct. 07, 2017
Operating Activities:    
Net income $ 16,862 $ 6,602
Depreciation and amortization 3,056 3,167
Gain on disposal of property and equipment 0 (4)
Stock-based compensation 468 391
Gain on sale of equity method investment (13,020) 0
Gain on insurance proceeds received for damage to property (241) 0
Gain on bargain purchase 0 (256)
Dividends received from equity method investments 2,323 2,168
Adjustments necessary to reconcile net income to net cash provided by operating activities (4,464) (3,640)
Net cash provided by operating activities 4,984 8,428
Investing Activities:    
Purchase of property and equipment (1,846) (2,298)
Acquisitions 0 (1,401)
Proceeds from sale of equity investment 33,705 0
Insurance proceeds received for damage to property 1,018 0
Proceeds from sale of property and equipment 0 4
Net cash provided (used) by investing activities 32,877 (3,695)
Financing Activities:    
Proceeds from issuance of long-term debt 21,873 44,495
Payments on long-term debt (44,994) (43,946)
Proceeds from exercise of stock options 54 153
Cash dividends paid (5,410) (4,954)
Director stock compensation 165 152
Net cash used by financing activities (28,312) (4,100)
Net increase in cash and cash equivalents 9,549 633
Cash and cash equivalents, beginning of period 1,572 1,013
Cash and cash equivalents, end of period 11,121 1,646
Non-Cash Transactions    
Note payable for deferred purchase price obligation $ 0 $ 50