Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Apr. 01, 2012
Operations:    
Net earnings $ 1,166 $ 2,435
Depreciation 909 752
Unrealized gain on derivative financial instrument (1,019) (462)
Deferred income taxes (33) (46)
Non-cash interest 91 104
Stock-based compensation 100 101
Change in non-cash operating working capital:    
Accounts receivable (3,697) (4,562)
Inventories (3,988) (2,310)
Prepaid expenses (29) (834)
Income taxes payable 159 (319)
Accounts payable (5,484) (4,015)
Accrued liabilities (191) (425)
(12,016) (9,581)
Financing:    
Increase in revolving debt 14,956 12,136
Repayment of term facility (1,158) (1,235)
Principal payment of capital lease obligations (641) (502)
Proceeds from sales leaseback 988 170
Proceeds from issuance of common stock   193
Payment of contingent consideration (291)  
13,854 10,762
Investing:    
Purchase of property, plant and equipment (657) (1,699)
(657) (1,699)
Increase (decrease) in cash 1,181 (518)
Cash, beginning of period 2,203 2,635
Cash, end of the period 3,384 2,117
Supplemental Information    
Cash interest paid 309 401
Cash taxes paid – net 203 508
Property, plant and equipment acquired through capital lease $ 1,338 $ 570