Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
|
8 Months Ended |
Jul. 10, 2015 |
Jul. 11, 2014 |
| Cash flows from operating activities: |
|
|
| Net income (loss) |
$ 4,524,000
|
$ (3,429,000)
|
| Income or charges not affecting cash and cash equivalents: |
|
|
| Depreciation |
2,095,000
|
1,772,000
|
| Provision for losses on accounts receivable |
20,000
|
64,000
|
| Provision for promotional allowances |
85,000
|
1,515,000
|
| Gain on sale of property, plant and equipment |
(122,000)
|
(79,000)
|
| Accounts receivable |
877,000
|
107,000
|
| Inventories |
4,969,000
|
(1,132,000)
|
| Prepaid expenses and other current assets |
(139,000)
|
274,000
|
| Other non-current assets |
(165,000)
|
(409,000)
|
| Accounts payable |
(999,000)
|
(139,000)
|
| Accrued payroll, advertising and other expenses |
43,000
|
(1,507,000)
|
| Non-current liabilities |
(691,000)
|
(1,209,000)
|
| Net cash provided by (used in) operating activities |
10,497,000
|
(4,172,000)
|
| Cash used in investing activities: |
|
|
| Proceeds from sale of property, plant and equipment |
47,000
|
90,000
|
| Additions to property, plant and equipment |
(549,000)
|
(2,986,000)
|
| Net cash used in investing activities |
(502,000)
|
(2,896,000)
|
| Cash used in financing activities: |
|
|
| Shares repurchased |
(204,000)
|
(140,000)
|
| Payment of capital lease obligations |
(127,000)
|
(142,000)
|
| Net cash used in financing activities |
(331,000)
|
(282,000)
|
| Net increase (decrease) in cash and cash equivalents |
9,664,000
|
(7,350,000)
|
| Cash and cash equivalents at beginning of period |
192,000
|
8,325,000
|
| Cash and cash equivalents at end of period |
9,856,000
|
975,000
|
| Supplemental cash flow information: |
|
|
| Cash paid for income taxes |
45,000
|
0
|
| Returned OTR (over-the-road) tractors originally financed by capital lease obligation |
$ (656,000)
|
$ 0
|