XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.3
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Oct. 01, 2023
Sep. 25, 2022
Cash flows from operating activities    
Net (loss) income $ (11,222) $ 23,629
(Income) from discontinued operations 0 (1,235)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:    
Depreciation 343 463
Amortization 5,386 2,503
Gain on sale of discontinued operations 0 (17,266)
Impairment losses 22,545 0
Loss on disposal of property and equipment 0 (2)
Amortization of deferred financing fees 145 156
Interest expense on contingent consideration payable 468 106
Provision for credit losses 658 216
Share-based compensation 844 865
Deferred income taxes, net of acquired deferred tax liability (5,092) 1,215
Net changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable 1,795 (16,447)
Prepaid expenses 313 768
Other current assets 3,179 (257)
Deposits (84) 1,067
Other assets 543 562
Accrued interest 23 158
Accounts payable (337) 187
Accrued payroll and expenses (4,251) 404
Other current liabilities (1,000) (2,352)
Income taxes receivable and payable 938 (165)
Operating leases (100) (78)
Other long-term liabilities 0 (58)
Net cash provided by (used in) continuing operating activities 15,094 (5,557)
Net cash used in discontinued operating activities 0 (2,274)
Net cash provided by (used in) operating activities 15,094 (7,831)
Cash flows from investing activities    
Businesses acquired, net of cash received 6,740 0
Business sold 0 30,313
Capital expenditures (2,019) (4,680)
Net cash (used in) provided by continuing investing activities (8,759) 25,633
Net cash used in discontinued investing activities 0 (26)
Net cash (used in) provided by activities (8,759) 25,607
Cash flows from financing activities    
Net borrowings under line of credit 4,282 14,314
Principal payments on long-term debt (5,000) (26,863)
Payments of dividends (4,874) (4,712)
Issuance of ESPP shares 412 537
Issuance of shares under the 2013 Long-Term Incentive Plan and Form S-3 registration statement costs, net of exercises 19 (1)
Contingent consideration paid (1,110) (1,110)
Debt issuance costs (64) (53)
Net cash provided by (used in) continuing financing activities (6,335) (17,888)
Net change in cash and cash equivalents 0 (112)
Cash and cash equivalents, beginning of period 0 112
Cash and cash equivalents, end of period 0 0
Supplemental cash flow information:    
Cash paid for interest, net 3,573 113
Cash paid for taxes, net of refunds $ 569 $ 6,572