Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Statements of Cash Flows (Unaudited)

v3.7.0.1
Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jul. 02, 2017
Jul. 03, 2016
Operations:    
Net Income (Loss) Attributable to Parent $ (6,390) $ 363
Items not involving cash:    
Depreciation 1,950 2,021
Unrealized foreign exchange gain on unsettled forward exchange contracts (1,556) (999)
Impairment of property, plant and equipment 1,601
Gain on disposal of property, plant and equipment (5)
Deferred income taxes (148) (15)
Amortization of deferred financing fees 11 17
Stock-based compensation 196 224
Change in non-cash operating working capital:    
Accounts receivable 1,084 3,386
Inventories (4,421) 1,125
Prepaid expenses and other assets 436 86
Income taxes receivable/payable (151) (51)
Accounts payable 1,687 (4,303)
Accrued liabilities 821 (1,086)
(4,880) 763
Financing:    
Net advances (repayment) of revolving credit facility 2,757 (1,749)
Repayment of long-term debt (1,000) (500)
Principal payment of capital lease obligations (308) (252)
Proceeds from sales leaseback 509
Deferred financing fees (51)
1,398 (1,992)
Investing:    
Change in restricted cash 274
Purchase of property, plant and equipment (914) (1,363)
Proceeds from sale of property, plant and equipment 69
(914) (1,020)
Decrease in cash (4,396) (2,249)
Cash, beginning of period 8,503 6,099
Cash, end of the period 4,107 3,850
Supplemental Information    
Property, plant and equipment acquired that was included in accounts payable and accrued liabilities $ 21 $ 160