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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 01, 2017
Jul. 02, 2016
OPERATING ACTIVITIES:    
Net income $ 13,950 $ 12,471
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,648 10,987
Share-based compensation 1,550 1,449
Realized cumulative foreign currency translation adjustment 580 0
Deferred income taxes 1,124 973
Provision for doubtful accounts 63 100
Lower of cost or market inventory adjustments 1,136 1,119
Loss on asset disposals 82 166
Changes in assets and liabilities:    
Trade receivables (3,990) (3,607)
Merchandise inventories (32,438) (31,901)
Other current assets (902) 3,656
Other assets (66) (392)
Accounts payable 41,083 51,999
Accrued payroll (77) (4,627)
Accrued expenses and other 11,760 9,737
Deferred items and other non-current liabilities 375 193
Net cash provided by operating activities 45,878 52,323
INVESTING ACTIVITIES:    
Proceeds from sale of property and equipment 19 23
Purchases of property and equipment (7,845) (11,111)
Net cash used in investing activities (7,826) (11,088)
FINANCING ACTIVITIES:    
Borrowings on line of credit 345 820
Repayments on line of credit (317) (820)
Cash dividend paid (1,262) 0
Proceeds from exercise of stock options 250 0
Proceeds from sale of common stock pursuant to Associates Stock Buying Plan 310 287
Treasury shares acquired (236) (125)
Net cash provided by (used in) financing activities (910) 162
Effect of exchange rate changes on cash (12) (5)
NET INCREASE IN CASH 37,130 41,392
CASH AT BEGINNING OF PERIOD 76,141 48,159
CASH AT END OF PERIOD 113,271 89,551
Other cash flow information:    
Cash paid for interest 141 156
Cash paid for income taxes, net of refunds of $30 and $2,947 161 (2,753)
Non-cash investing activities    
Property and equipment additions in accounts payable $ 1,542 $ 570