XML 28 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jan. 02, 2016
Jan. 03, 2015
Jan. 04, 2014
Cash flows from operating activities:      
Net loss $ (11,576) $ (13,872) $ (40,618)
Adjustments to reconcile net loss to cash provided by (used in) operations:      
Depreciation and amortization 9,741 9,473 9,117
Amortization of debt issuance costs 2,990 3,156 3,184
Gain from sale of assets 0 (5,251) (5,220)
Severance charges 1,432 2,067 5,607
Intraperiod income tax allocation related to pension plan 0 0 (8,894)
Pension expense 730 901 4,591
Share-based compensation 1,827 3,840 6,117
Other (1,968) (148) 748
Changes in operating assets and liabilities:      
Accounts receivable 5,992 5,760 7,168
Inventories 15,886 (18,966) 6,479
Accounts payable 20,796 7,026 (17,585)
Prepaid assets 2,919 (942) (3,062)
Quarterly pension contributions (4,634) (4,676) (472)
Payments on restructuring liability (726) (2,805) (3,057)
Other assets and liabilities (3,482) 2,136 (3,984)
Net cash provided by (used in) operating activities 39,927 (12,301) (39,881)
Cash flows from investing activities:      
Property and equipment investments (1,561) (3,016) (4,912)
Proceeds from disposition of assets 760 7,368 10,365
Net cash (used in) provided by investing activities (801) 4,352 5,453
Payments on capital lease obligations      
Repurchase of shares to satisfy employee tax withholdings (459) (957) (3,192)
Repayments on revolving credit facilities (421,045) (476,473) (560,186)
Borrowings from revolving credit facilities 409,009 494,794 599,968
Principal payments on mortgage (9,523) (9,220) (19,038)
Payments on capital lease obligations (3,743) (2,228) (3,142)
(Decrease) increase in bank overdrafts (9,993) 7,902 (16,007)
Decrease in restricted cash related to the mortgage (3,052) (6,066) 0
Debt financing costs 0 0 (2,900)
Proceeds from stock offering less expenses paid 0 0 38,715
Other (34) (315) 56
Net cash (used in) provided by financing activities (38,840) 7,437 34,274
Increase (decrease) in cash 286 (512) (154)
Cash, beginning of period 4,522 5,034 5,188
Cash, end of period 4,808 4,522 5,034
Supplemental Cash Flow Information      
Net income tax payments during the period 693 210 332
Interest paid during the period 23,775 23,147 24,706
Noncash transactions:      
Equipment under capital leases $ 5,075 $ 1,108 $ 5,069