XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities:    
Net income $ 7,971 $ 7,714
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 825 710
Equity compensation expense from awards issued 1,906 1,387
Deferred income tax expense (15) 97
Change in operating right of use assets 539 498
Changes in operating assets and liabilities:    
Accounts receivable and contract assets (5,764) 3,826
Prepaid expenses and other current assets 3,040 (796)
Net of transit accounts receivable and payable (1,671) (746)
Accounts payable and accrued expenses (3,381) 685
Accrued payroll and related costs 429 (1,486)
Operating lease liabilities (535) (458)
Income taxes payable (430) 187
Deferred revenue 5,037 797
Deposits (29) 110
Total adjustments and changes in operating assets and liabilities 811 4,437
Net cash provided by operating activities 8,782 12,151
Cash flows from investing activities:    
Property and equipment acquired (900) (1,067)
Net cash used in investing activities (900) (1,067)
Cash flows from financing activities:    
Net borrowings under line of credit (951) (6,934)
Issuance of stock for employee stock purchase plan 281 364
Payment of taxes on restricted share awards (938) (1,317)
Changes in finance lease obligations (369) (232)
Purchase of treasury stock (5,115) (5,391)
Net cash used in financing activities (7,092) (13,510)
Effect of exchange rate changes on cash and cash equivalents (47) (378)
Increase (decrease) in cash and cash equivalents 743 (2,804)
Cash and cash equivalents at beginning of period 4,729 6,284
Cash and cash equivalents at end of period 5,472 3,480
Supplemental cash flow information:    
Interest 1,367 995
Income taxes 1,406 3,508
Non-cash financing activities:    
Right of use assets in exchange for lease obligations $ 268 $ 3,264