XML 17 R6.htm IDEA: XBRL DOCUMENT v3.23.1
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Apr. 02, 2023
Mar. 27, 2022
Cash flows from operating activities    
Net (loss) income $ (16,466) $ 15,800
(Income) from discontinued operations 0 (1,235)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:    
Depreciation 127 160
Amortization 1,630 739
Gain on sale of discontinued operations 0 (17,273)
Impairment losses 22,545 0
Amortization of deferred financing fees 46 132
Interest expense on contingent consideration payable 22 64
Provision for credit losses 79 51
Share-based compensation 361 211
Deferred income taxes, net of acquired deferred tax liability (5,193) 1,012
Net changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable 3,666 (1,432)
Prepaid expenses (784) (327)
Other current assets 1,247 (202)
Deposits 0 108
Other assets 180 171
Accrued interest (103) 17
Accounts payable (36) 737
Accrued payroll and expenses (3,014) (851)
Other current liabilities 0 (3,336)
Income taxes receivable and payable (310) 4,479
Operating leases (58) (27)
Other long-term liabilities 0 (58)
Net cash provided by (used in) continuing operating activities 3,939 (1,060)
Net cash provided by discontinued operating activities 0 675
Net cash provided by (used in) continuing operating activities 3,939 (385)
Cash flows from investing activities    
Business sold 0 30,313
Capital expenditures (745) (2,051)
Net cash (used in) provided by continuing investing activities (745) 28,262
Net cash used in discontinued investing activities 0 (26)
Net cash (used in) provided by activities (745) 28,236
Cash flows from financing activities    
Net (payments) borrowings under line of credit (646) 1,405
Principal payments on long-term debt (1,000) (26,862)
Payments of dividends (1,618) (1,565)
Issuance of ESPP shares 145 169
Contingent consideration paid 0 (1,110)
Deferred financing costs (5) 0
Net cash provided by (used in) continuing financing activities (3,124) (27,963)
Net cash used in discontinued financing activities 0 0
Net cash used in continuing financing activities (3,124) (27,963)
Net change in cash and cash equivalents 70 (112)
Cash and cash equivalents, beginning of period 0 112
Cash and cash equivalents, end of period 70 0
Supplemental cash flow information:    
Cash paid for interest, net 1,183 300
Cash paid for taxes, net of refunds $ 34 $ 59