v2.3.0.15
Statement of Cash Flows (USD $)
In Thousands
3 Months Ended9 Months Ended
Oct. 01, 2011
Oct. 02, 2010
Oct. 01, 2011
Oct. 02, 2010
Operating Activities    
Earnings$ 3,510$ 34,710$ 14,371$ 60,357
Earnings (loss) from discontinued operations(312)34,251(917)48,580
Earnings from continuing operations3,82245915,28811,777
Items not affecting cash    
Depreciation and amortization4,9124,11014,60812,350
Unrealized loss (gain) on foreign exchange(991)829(22)(589)
Deferred income taxes1,102(2,227)5,527(179)
Stock-based compensation5554471,5361,867
Goodwill impairment01,65401,654
Impairment of long-lived assets07,50507,895
Loss (gain) on sale of property, plant and equipment5840(3,240)0
Unrealized loss (gain) on derivative instrument646(681)(3,272)328
Other375(1,450)309(592)
Changes in non-cash working capital6489,670(31,699)(8,648)
Net cash flows from operations - continuing operations11,65320,316(965)25,863
Net cash flows from operations - discontinued operations(914)(5,100)(1,718)(8,403)
[NetCashProvidedByUsedInOperatingActivities]10,73915,216(2,683)17,460
Investing activities    
Acquisition of companies, net of cash acquired(2,500)0(2,500)0
Purchases of property, plant and equipment, net(6,092)(4,707)(15,313)(13,283)
Proceeds from sale of property, plant and equipment002,7730
Payment of deferred purchase consideration000(721)
Purchases of patents, trademarks and other intangible assets0(37)(90)(400)
Other411116(30)38
Cash from investing activities - continuing operations(8,181)(4,628)(15,160)(14,366)
Cash from investing activities - discontinued operations(308)(12,485)(308)52,298
[NetCashProvidedByUsedInInvestingActivities](8,489)(17,113)(15,468)37,932
Financing activities    
Increase (decrease) in line of credit facilities4,759(4,329)33,186(39,125)
Borrowings under long term debt1,87501,91292
Proceeds from issuance of common shares242338989850
Repayment of long-term debt(6,697)(12,188)(13,423)(16,327)
Financing costs  1860
Other(19)(44)802(755)
Cash from financing activities - continuing operations160(16,223)23,280(55,265)
Foreign exchange gain (loss) on cash held in a foreign currency(457)725(246)98
Increase (decrease) in cash and cash equivalents during the period1,953(17,395)4,883225
Discontinued operations cash activity included above:    
Add: Balance included at beginning of period21217,97430818,967
Cash and cash equivalents - beginning of the period5,36120,3652,3351,752
Cash and cash equivalents - end of the period$ 7,526$ 20,944$ 7,526$ 20,944