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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
OPERATING ACTIVITIES:    
Net income $ 15,579 $ 12,226
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,385 13,378
Share-based compensation 2,154 2,376
Excess tax benefit from share-based compensation 0 (223)
Deferred income taxes 878 (603)
Provision for doubtful accounts 62 82
Lower of cost or market inventory adjustments 2,128 1,112
Loss on asset disposals 716 325
Changes in assets and liabilities:    
Trade receivables (1,784) (2,101)
Merchandise inventories (24,814) (13,308)
Other current assets 7,624 2,990
Other assets 308 (261)
Accounts payable 5,070 12,594
Accrued expenses and other 5,622 9,104
Deferred items and other non-current liabilities 95 1,180
Net cash provided by operating activities 29,023 38,871
INVESTING ACTIVITIES:    
Proceeds from sale of property and equipment 29 36
Purchases of property and equipment (15,640) (20,832)
Net cash used in investing activities (15,611) (20,796)
FINANCING ACTIVITIES:    
Borrowings on line of credit 816 2,087
Repayments on line of credit (816) (2,087)
Proceeds from exercise of stock options 1,141 1,314
Proceeds from sale of common stock pursuant to Associates Stock Buying Plan 296 318
Excess tax benefit from share-based compensation 0 223
Treasury shares acquired (114) (4,766)
Net cash provided by (used in) financing activities 1,323 (2,911)
Effect of exchange rate changes on cash 76 31
NET INCREASE IN CASH 14,811 15,195
CASH AT BEGINNING OF PERIOD 45,675 48,408
CASH AT END OF PERIOD 60,486 63,603
Other cash flow information:    
Cash paid for interest 220 227
Cash paid for income taxes, net of refunds of $80 and $1,391 44 2,067
Non-cash investing activities    
Property and equipment additions in accounts payable $ 836 $ 1,326