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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 01, 2016
Oct. 03, 2015
OPERATING ACTIVITIES:    
Net income $ 16,324 $ 15,579
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 16,466 15,385
Share-based compensation 2,065 2,154
Deferred income taxes 799 878
Provision for doubtful accounts 115 62
Lower of cost or market inventory adjustments 1,962 2,128
Loss on asset disposals 193 716
Changes in assets and liabilities:    
Trade receivables (1,850) (1,784)
Merchandise inventories (10,788) (24,814)
Other current assets 6,776 7,624
Other assets (525) 308
Accounts payable 28,853 5,070
Accrued payroll (7,371) 2,861
Accrued expenses and other 7,101 2,761
Deferred items and other non-current liabilities 257 95
Net cash provided by operating activities 60,377 29,023
INVESTING ACTIVITIES:    
Proceeds from sale of property and equipment 27 29
Purchases of property and equipment (14,800) (15,640)
Net cash used in investing activities (14,773) (15,611)
FINANCING ACTIVITIES:    
Borrowings on line of credit 951 816
Repayments on line of credit (927) (816)
Proceeds from exercise of stock options 0 1,141
Proceeds from sale of common stock pursuant to Associates Stock Buying Plan 287 296
Treasury shares acquired (149) (114)
Net cash provided by financing activities 162 1,323
Effect of exchange rate changes on cash (4) 76
NET INCREASE IN CASH 45,762 14,811
CASH AT BEGINNING OF PERIOD 48,159 45,675
CASH AT END OF PERIOD 93,921 60,486
Other cash flow information:    
Cash paid for interest 225 220
Cash (refunded) paid for income taxes, net of refunds of $2,947 and $80 (1,587) 44
Non-cash investing activities    
Property and equipment additions in accounts payable $ 1,842 $ 836