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Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Sep. 29, 2012
Oct. 01, 2011
Operating Activities        
Earnings $ 6,253 $ 3,510 $ 21,225 $ 14,371
Earnings (loss) from discontinued operations 112 (362) 1,193 (1,986)
Earnings from continuing operations 6,141 3,872 20,032 16,357
Items not affecting cash        
Depreciation and amortization 5,155 4,497 14,946 13,354
Unrealized (gain) loss on foreign exchange (76) (991) (169) (22)
Deferred income taxes (639) 1,114 3,077 5,835
Stock-based compensation 713 555 2,041 1,536
Loss (gain) on sale of property, plant and equipment 0 584 0 (3,240)
Unrealized loss (gain) on derivative instrument (3,075) 646 (1,178) (3,272)
Other 508 375 1,217 310
Changes in non-cash working capital, net of business acquired 7,462 990 (1,921) (31,903)
Net cash flows from operations - continuing operations 16,189 11,642 38,045 (1,045)
Net cash flows from operations - discontinued operations 313 (903) (3) (1,638)
16,502 10,739 38,042 (2,683)
Investing activities        
Acquisition of businesses, net of cash acquired (11,644) (2,500) (29,174) (2,500)
Purchases of property, plant and equipment (5,709) (6,082) (17,623) (15,256)
Proceeds from sale of property, plant and equipment 0 0 0 2,773
Payment of contingent consideration (61) 0 (388) 0
Purchases of intangible assets (56) 0 (81) (67)
Other 122 411 (84) (30)
Net cash flows from investing activities - continuing operations (17,348) (8,171) (47,350) (15,080)
Net cash flows from investing activities - discontinued operations 0 (318) 12,134 (388)
(17,348) (8,489) (35,216) (15,468)
Financing activities        
Increase under line of credit facilities 56,959 4,759 46,434 33,186
Repayment of line of credit facilities (45,295) 0 (45,296) 0
Borrowings under long term debt 15,234 1,875 34,607 1,912
Repayment of long-term debt (24,136) (6,697) (34,959) (13,423)
Financing costs (1,315) 0 (2,490) (186)
Proceeds from issuance of common shares 257 242 680 989
Other 53 (19) 24 802
Net cash flows from financing activities - continuing operations 1,757 160 (1,000) 23,280
Foreign exchange gain (loss) on cash held in a foreign currency 29 (457) (17) (246)
Increase (decrease) in cash and cash equivalents during the period 940 1,953 1,809 4,883
Discontinued operations cash activity included above:        
Add: Balance included at beginning of period 0 212 0 308
Cash and cash equivalents - beginning of the period 3,247 5,361 2,378 2,335
Cash and cash equivalents - end of the period $ 4,187 $ 7,526 $ 4,187 $ 7,526