Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v2.4.0.8
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 29, 2013
Sep. 30, 2012
Sep. 29, 2013
Sep. 30, 2012
Operations:        
Net earnings (loss) $ 619 $ 1,322 $ (4,217) $ 6,555
Depreciation 901 786 2,818 2,310
Unrealized (gain) loss on derivative financial instrument (note 11) (139) (1,119) 965 (1,126)
Gain on sale of property, plant and equipment     (101)  
Deferred income taxes   (33) (16) (46)
Non-cash interest 101 98 286 303
Stock-based compensation (41) 55 140 257
Contingent consideration     250 (650)
Change in non-cash operating working capital:        
Accounts receivable (7,317) (2,169) (3,346) (4,111)
Inventories 102 4,396 5,790 (3,656)
Prepaid expenses 131 867 813 (507)
Income taxes receivable/payable (162) (266) (143) (525)
Accounts payable 4,870 (5,528) (6,314) (3,851)
Accrued liabilities (1,817) (925) (2,127) (1,585)
(2,752) (2,516) (5,202) (6,632)
Financing:        
Increase in revolving debt 5,328 2,150 12,574 12,784
Repayment of term facility (1,158)   (3,473) (2,161)
Principal payment of capital lease obligations (623) (391) (1,767) (1,295)
Proceeds from sales leaseback     988 170
Payment of contingent consideration (234) (171) (798) (742)
Payment of financing fees (50)   (100)  
Proceeds from issuance of common stock   27 11 220
3,263 1,615 7,435 8,976
Investing:        
Purchase of property, plant and equipment (974) (513) (2,316) (4,024)
Proceeds from sale of property, plant and equipment     406  
(974) (513) (1,910) (4,024)
Increase (decrease) in cash (463) (1,414) 323 (1,680)
Cash, beginning of period 2,989 2,369 2,203 2,635
Cash, end of the period 2,526 955 2,526 955
Supplemental Information        
Cash interest paid 325 422 990 1,218
Cash taxes paid – net 185 205 914 833
Property, plant and equipment acquired through capital lease     $ 1,356 $ 1,048