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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2018
Dec. 30, 2017
Dec. 31, 2016
Operating Activities:      
Net Income $ 20,442 $ 14,061 $ 11,493
Reconciling adjustments:      
Depreciation and amortization 3,857 3,910 5,244
Provision for doubtful accounts 155 775 1,758
Stock option and restricted stock unit expense 604 522 398
Equity in net income of joint venture investments (121) (1,634) (1,672)
Deferred income taxes 940 (2,947) (375)
Gain on sale of equity method investment (13,020) 0 0
Gain on insurance proceeds received for damage to property (377) 0 0
Gain on bargain purchase 0 (256) 0
Gain on disposals of assets 0 (5) (2,158)
Dividends received from equity method investments 2,323 2,168 1,060
Changes in      
Accounts receivable (1,140) (3,366) 2,709
Inventories (3,359) (468) (6,548)
Prepaids and other assets 194 (507) 950
Accounts payable and accrued expenses (3,992) 1,110 (690)
Net cash provided by operating activities 6,506 13,363 12,169
Investing Activities:      
Purchase of property and equipment (2,818) (2,745) (2,653)
Acquisitions (7,169) (1,450) (9,659)
Proceeds from sale of equity investment 33,705 0 0
Net purchase of marketable securities 0 0 (57)
Insurance proceeds received for damage to property 1,154 0 0
Proceeds from sale of property and equipment 0 5 2,568
Net cash provided by (used in) investing activities 24,872 (4,190) (9,801)
Financing Activities:      
Dividends paid (7,215) (6,607) (6,282)
Proceeds from issuance of long-term debt 28,024 56,713 65,887
Payments on long-term debt (51,145) (59,031) (63,585)
Proceeds from exercise of stock options 54 159 547
Deferred financing fees 0 0 (83)
Tax benefit from settlement of stock compensation 0 0 35
Purchase of stock (10) 0 0
Director stock compensation 166 152 144
Net cash used in financing activities (30,126) (8,614) (3,337)
Increase (Decrease) in Cash and Cash Equivalents 1,252 559 (969)
Cash and Cash Equivalents, beginning of year 1,572 1,013 1,982
Cash and Cash Equivalents, end of year 2,824 1,572 1,013
Supplemental Cash Flows Information      
Interest paid 423 792 866
Income taxes paid 4,844 3,816 3,333
Information regarding the Company's acquisitions in 2018, 2017 and 2016 are as follows:      
Fair value of assets acquired 9,285 2,018 10,597
Cash paid for assets (7,169) (1,450) (9,464)
Consideration of holdback provision 286 0 0
Liabilities assumed $ 2,402 $ 568 $ 1,133