Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Statements of Cash Flows (Unaudited)

v3.8.0.1
Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Oct. 01, 2017
Oct. 02, 2016
Operations:    
Net Income (Loss) Attributable to Parent $ (6,941) $ 344
Items not involving cash:    
Depreciation 2,789 3,066
Unrealized foreign exchange gain on unsettled forward exchange contracts (1,438) (995)
Impairment of property, plant and equipment 1,601
Gain on disposal of property, plant and equipment (60) (25)
Deferred income taxes (243) (96)
Amortization of deferred financing fees 19 26
Stock-based compensation 273 343
Change in non-cash operating working capital:    
Accounts receivable (541) 6,220
Inventories (543) 2,886
Prepaid expenses and other assets 764 40
Income taxes receivable/payable (144) 20
Accounts payable (2,581) (5,244)
Accrued liabilities 1,179 (742)
Total cash used in operations (5,866) 5,843
Financing:    
Net advance (repayment) of revolving credit facility 3,178 (2,681)
Repayment of long-term debt (1,500) (500)
Principal payment of capital lease obligations (352) (429)
Proceeds from sales leaseback 509
Deferred financing fees (51)
Total cash provided by financing 1,275 (3,101)
Investing:    
Change in restricted cash 268
Purchase of property, plant and equipment (1,314) (1,864)
Proceeds for leasehold improvement 56
Proceeds from sale of property, plant and equipment 281 126
Total cash used in investing (977) (1,470)
Increase (decrease) in cash (5,568) 1,272
Cash, beginning of period 8,503 6,099
Cash, end of the period 2,935 7,371
Supplemental Information    
Property, plant and equipment acquired that was included in accounts payable and accrued liabilities $ 71 $ 36