Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Statements of Cash Flows (Unaudited)

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Interim Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 28, 2014
Sep. 29, 2013
Sep. 28, 2014
Sep. 29, 2013
Operations:        
Net earnings (loss) $ (588) $ 619 $ (1,660) $ (4,217)
Depreciation 1,028 901 3,135 2,818
Unrealized (gain) loss on derivative financial instrument (note 10) 753 (139) (136) 965
Loss (gain) on sale of property, plant and equipment 23   23 (101)
Deferred income taxes 34   32 (16)
Non-cash interest 137 101 377 286
Stock-based compensation 63 (41) 168 140
Contingent consideration       250
Change in non-cash operating working capital:        
Accounts receivable 2,164 (7,317) 2,477 (3,346)
Inventories 1,955 102 (465) 5,790
Prepaid expenses 347 131 567 813
Income taxes receivable/payable 8 (162) (343) (143)
Accounts payable (5,446) 4,795 (3,077) (6,389)
Accrued liabilities 115 (1,817) (153) (2,127)
593 (2,827) 945 (5,277)
Financing:        
Increase (decrease) in revolving debt (3) 5,328 1,525 12,574
Repayment of term facility   (1,158)   (3,473)
Principal payment of capital lease obligations (560) (623) (1,574) (1,767)
Proceeds from sales leaseback       988
Payment of contingent consideration   (234)   (798)
Payment of financing fees (100) (50) (200) (100)
Proceeds from issuance of common stock       11
(663) 3,263 (249) 7,435
Investing:        
Purchase of property, plant and equipment (339) (899) (1,181) (2,241)
Proceeds from sale of property, plant and equipment 20   30 406
(319) (899) (1,151) (1,835)
Increase (decrease) in cash (389) (463) (455) 323
Cash, beginning of period 3,229 2,989 3,295 2,203
Cash, end of the period 2,840 2,526 2,840 2,526
Supplemental Information        
Cash interest paid 367 325 1,028 990
Cash taxes paid – net 175 185 931 914
Property, plant and equipment acquired through capital lease     1,703 1,356
Non-cash capital expenditures included in accounts payable or accrued liabilities $ 220 $ 75 $ 220 $ 75