XML 35 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Cash Flow Statements (Unaudited) (USD $)
 6 Months Ended
Jun. 30, 2013
Jul. 01, 2012
Cash flows from operating activities:    
Net (loss) income $ (7,953,000) $ 9,726,000
Loss from discontinued operations 0 (799,000)
(Loss) income from continuing operations (7,953,000) 10,525,000
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 6,168,000 6,128,000
Gain on sale of marketable securities 0 (537,000)
Stock-based compensation expense 1,002,000 925,000
Deferred revenue recognized (4,000,000) (3,946,000)
Deferred loan costs recognized 39,000 39,000
Gain on sale of assets (1,682,000) (2,625,000)
Provision for excess and obsolete inventory 926,000 610,000
Goodwill impairment 6,900,000 0
Other noncash items 472,000 358,000
Contributions to pension plans (217,000) (446,000)
Change in operating assets and liabilities:    
Accounts receivable (14,375,000) (20,375,000)
Inventory (5,121,000) (6,393,000)
Prepaid expenses and other assets 931,000 (972,000)
Accounts payable 16,101,000 10,777,000
Accrued and other liabilities (144,000) 1,101,000
Net cash used in operating activities (953,000) (4,831,000)
Cash flows from investing activities:    
Capital expenditures, net (1,526,000) (2,430,000)
Proceeds from the sale of assets 2,160,000 4,542,000
Net cash provided by investing activities 634,000 2,112,000
Cash flows from financing activities:    
Net change in debt under revolving credit agreements 1,000,000 4,000,000
Common stock repurchases 0 (46,000)
Indirect repurchase of shares for minimum statutory tax withholdings (554,000) (462,000)
Cash dividends paid (400,000) (397,000)
Net cash provided by financing activities 46,000 3,095,000
Net (decrease) increase in cash and cash equivalents (273,000) 376,000
Cash and cash equivalents at beginning of period 18,664,000 18,173,000
Cash and cash equivalents at end of period $ 18,391,000 $ 18,549,000