v3.20.2
Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Operations:    
Net income (loss) $ 2,973 $ (6,991)
Items not involving cash:    
Depreciation of property, plant and equipment 4,767 4,902
Amortization of intangible assets 2,718 5,532
Unrealized foreign exchange gain on unsettled forward exchange contracts (720)  
Write down of property, plant and equipment   261
Deferred income taxes expense (recovery) (15) 14
Amortization of deferred financing fees and debt insurance costs 892 1,300
Stock-based compensation 475 538
Change in fair value of warrant liability 15 (919)
Change in fair value of contingent consideration   (3,050)
Change in non-cash operating working capital:    
Accounts receivable (3,487) 11,778
Unbilled contract assets (16,465) (6,385)
Inventories (3,711) 3,668
Prepaid expenses and other assets 480 (1,095)
Income taxes receivable/payable (63) (116)
Accounts payable 3,678 (9,845)
Accrued liabilities 11,964 (265)
Restructuring liability (1,233) 2,736
Net change in operating lease right of use asset and liability 184 414
Net cash provided by (used in) in operating activities 2,452 2,477
Financing:    
Repayments (borrowing) of revolving credit facility (345) 9,820
Repayment of long-term debt (937) (22,625)
Deferred financing fees (137) (371)
Principal repayments of finance lease obligations (997) (1,199)
Proceeds from issuance of common stock through exercise of stock options   45
Proceeds from issuance of common stock through rights offerings   14,044
Net cash provided by (used in) financing activities (2,416) (286)
Investing:    
Purchase of property, plant and equipment (1,235) (3,191)
Net cash provided by (used in) investing activities (1,235) (3,191)
Decrease in cash (1,199) (1,000)
Cash, beginning of period 1,368 1,601
Cash, end of the period 169 601
Supplemental Information    
Cash interest paid 5,643 6,856
Increase in operating right of use assets 3,707 5,559
Property, plant and equipment acquired through capital lease 1,447 126
Property, plant and equipment acquired that was unpaid in cash and included in accounts payable and accrued liabilities $ 404 $ 418

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