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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Cash flows from operating activities:    
Net income $ 7,714 $ 7,820
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 710 604
Gain on sale of assets 0 (395)
Equity compensation expense from awards issued 1,387 967
Deferred income tax expense 97 108
Change in operating right of use assets 498 462
Changes in operating assets and liabilities:    
Accounts receivable 3,826 (10,839)
Prepaid expenses and other current assets (796) 312
Net of transit accounts receivable and payable (746) 20,828
Accounts payable and accrued expenses 685 (1,013)
Accrued payroll and related costs (1,486) (1,194)
Right of use liabilities (458) (683)
Income taxes payable 187 (147)
Deferred revenue 797 (615)
Deposits 110 2
Total adjustments and changes in operating assets and liabilities 4,437 8,691
Net cash provided by operating activities 12,151 16,511
Cash flows from investing activities:    
Property and equipment acquired (1,067) (559)
Net cash used in investing activities (1,067) (559)
Cash flows from financing activities:    
Borrowings under line of credit 80,607 69,797
Repayments under line of credit (87,541) (63,728)
Issuance of stock for employee stock purchase plan 364 347
Retirement of common shares (1,317) 0
Changes in finance lease obligations (232) (232)
Contingent consideration paid 0 (339)
Common stock repurchase (5,391) (21,060)
Net cash used in financing activities (13,510) (15,215)
Effect of exchange rate changes on cash and cash equivalents (378) 197
(Decrease) increase in cash and cash equivalents (2,804) 934
Cash and cash equivalents at beginning of period 6,284 339
Cash and cash equivalents at end of period 3,480 1,273
Supplemental cash flow information:    
Interest 995 601
Income taxes 3,508 1,821
Non-cash financing activities:    
Right of use assets in exchange for lease obligations 3,264 0
Value of shares issued as contingent consideration $ 0 $ 132