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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Operating activities    
Net earnings (loss) $ 25,595 $ (4,462)
Items not affecting cash:    
Depreciation and amortization 8,302 8,141
Amortization of debt issuance costs 655 608
Deferred income taxes 7,327 (1,286)
Stock-based compensation (163) 2,171
Unrealized loss on derivative contracts 112 1,521
Gain on sale of business (45,579) 0
Fair value of contingent consideration   (2,416)
Impairment of long-lived assets   339
Other (62) 1
Changes in non-cash working capital 4,801 2,889
Net cash flows from operations 988 7,506
Investing activities    
Net proceeds from sale of business 64,876  
Purchases of property, plant and equipment (7,974) (6,735)
Proceeds from sale of assets   700
Net cash flows from investing activities 56,902 (6,035)
Financing activities    
Increase (decrease) under line of credit facilities (54,661) 309
Borrowings under long-term debt 1,852  
Repayment of long-term debt (723) (522)
Payment of cash dividends on Series A Preferred Stock (1,700) (1,700)
Proceeds from the exercise of stock options and employee share purchases 228 149
Payment of debt issuance costs (314)  
Other 221 (40)
Net cash flows from financing activities (55,097) (1,804)
Foreign exchange gain (loss) on cash held in a foreign currency (58) 29
Increase (decrease) in cash and cash equivalents in the period 2,735 (304)
Cash and cash equivalents - beginning of the period 3,280 3,228
Cash and cash equivalents - end of the period 6,015 2,924
Non-cash financing activity    
Accrued cash dividends on Series A Preferred Stock $ (1,700) $ (1,700)