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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 27, 2015
Sep. 28, 2014
Cash flows from operating activities:    
Net income $ 10,909 $ 4,918
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,196 2,192
Stock-based compensation 1,670 1,085
Other non-cash items 123 108
Changes in assets and liabilities:    
Accounts receivable 9,784 (5,636)
Advance billings 1,801 761
Inventories (4,909) (5,589)
Prepaid expenses and other assets 3,185 (1,462)
Accounts payable (8,554) (14,145)
Accrued compensation and benefits and other current liabilities 963 2,510
Deferred revenues (2,961) (3,127)
Other liabilities 98 (138)
Net cash provided by (used in) operating activities 14,305 (18,523)
Cash flows from investing activities:    
Purchases of property and equipment (1,114) (738)
Other 167 80
Net cash used in investing activities (947) (658)
Cash flows from financing activities:    
Repayment of revolving credit facility 0 (14,000)
Proceeds from issuance of common stock, net 1,483 31,972
Net cash provided by financing activities 1,483 17,972
Effect of exchange rate changes on cash and cash equivalents (902) (920)
Net increase (decrease) in cash and cash equivalents 13,939 (2,129)
Cash and cash equivalents, beginning of period 22,760 14,578
Cash and cash equivalents, end of period 36,699 12,449
Supplemental disclosure of non-cash transactions:    
Transfer of inventories into property and equipment $ 1,988 $ 0