XML 24 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 29, 2017
Sep. 30, 2016
Oct. 02, 2015
CASH PROVIDED BY OPERATING ACTIVITIES      
Net income $ 35,157,000 $ 13,501,000 $ 10,616,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 11,804,000 10,654,000 10,846,000
Amortization of intangible assets 1,276,000 1,179,000 856,000
Amortization of deferred financing costs 297,000 122,000 122,000
Impairment losses 0 6,197,000 0
Stock based compensation 1,986,000 1,832,000 1,606,000
Write off of currency translation adjustment (gain) loss 64,000 (249,000) 177,000
Provision for doubtful accounts receivable 876,000 299,000 292,000
Provision for inventory reserves 1,356,000 3,650,000 2,123,000
Deferred income taxes (2,784,000) (2,219,000) (1,485,000)
Change in operating assets and liabilities:      
Accounts receivable, net (5,364,000) 3,390,000 (2,534,000)
Inventories, net (11,413,000) 8,524,000 (17,999,000)
Accounts payable and accrued liabilities 15,901,000 (2,513,000) 10,582,000
Other current assets 193,000 197,000 2,599,000
Other non-current assets 57,000 (246,000) (284,000)
Other long-term liabilities (2,399,000) (622,000) (160,000)
Other, net (657,000) (262,000) 699,000
Cash provided by operating activities 46,350,000 43,434,000 18,056,000
CASH USED FOR INVESTING ACTIVITIES      
Payments for purchase of business 0 (9,152,000) 0
Purchase of short-term investments (46,607,000) 0 0
Capital expenditures (11,613,000) (11,702,000) (10,409,000)
Proceeds from sales of property, plant and equipment 212,000 113,000 15,000
Cash used for investing activities (58,008,000) (20,741,000) (10,394,000)
CASH USED FOR FINANCING ACTIVITIES      
Principal payments on term loans and other long-term debt (7,376,000) (332,000) (360,000)
Common stock transactions 47,000 271,000 202,000
Dividends paid (3,559,000) (3,169,000) (2,966,000)
Purchases of treasury stock (663,000) (1,506,000) (865,000)
Cash used for financing activities (11,551,000) (4,736,000) (3,989,000)
Effect of foreign currency rate changes on cash (275,000) 178,000 (5,307,000)
(Decrease) increase in cash and cash equivalents (23,484,000) 18,135,000 (1,634,000)
CASH AND CASH EQUIVALENTS      
Beginning of period 87,294,000 69,159,000 70,793,000
End of period 63,810,000 87,294,000 69,159,000
Supplemental Disclosure:      
Cash paid for taxes 13,751,000 14,496,000 2,269,000
Cash paid for interest $ 493,000 $ 732,000 $ 754,000