XML 46 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Cash flows from operating activities:    
Net income $ 7,260 $ 2,542
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 12,262 13,385
Stock-based compensation 1,533 1,619
Deferred taxes 40 (924)
Impairment of store assets 296 433
Provision for doubtful accounts 14 740
Trade credit utilization 185 460
Loss on disposal of property and equipment 199 64
Change in assets and liabilities:    
Inventories (3,877) 4,397
Receivables 3,317 3,615
Prepaid expenses and other assets (768) 180
Accounts payable and accrued expenses (16,662) (8,162)
Lease related liabilities (1,018) (5,653)
Gift cards and customer deposits (5,302) (7,904)
Deferred revenue (176) (407)
Net cash (used in) provided by operating activities (2,697) 4,385
Cash flows from investing activities:    
Purchases of property and equipment (11,645) (5,604)
Purchases of other assets and other intangible assets (1,219) (77)
Purchases of short term investments (1,551) $ (899)
Proceeds from sale or maturitiy of short term investments 793
Cash used in investing activities (13,622) $ (6,580)
Cash flows from financing activities:    
Proceeds from the exercise of employee stock options, net of withholding tax payments (479) 1,253
Purchases of Company's common stock (11,084) (3,220)
Net cash used in financing activities (11,563) (1,967)
Effect of exchange rates on cash (361) (52)
Net decrease in cash and cash equivalents (28,243) (4,214)
Cash and cash equivalents, beginning of period 65,389 44,665
Cash and cash equivalents, end of period $ 37,146 $ 40,451