Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income (loss) $ 58,648 $ (14,206) $ (23,083)
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:      
Depreciation and amortization 72,125 70,150 67,030
(Gain) loss on dispositions of property and equipment 1,140 364 (405)
Impairment of Long-Lived Assets to be Disposed of 1,569 0 0
Deferred income taxes (85,874) (8,076) (13,216)
Deferred financing and original issue discount amortization 2,530 2,627 2,718
Stock-based compensation expense 2,484 2,280 1,290
Gain (Loss) on Disposition of Assets (638) 1,047 0
Other non-cash interest and change in value of interest rate swap (1,481) (706) 1,629
Changes in operating items:      
Accounts receivable (2,777) 2,485 11,471
Inventories 13,800 23,668 (48,982)
Other assets 517 (2,697) (1,956)
Accounts payable 9,305 (2,280) 1,013
Other accrued liabilities 11,562 2,931 907
Other items, net 0 (94) (593)
Net cash provided by (used for) operating activities 82,910 77,493 (2,177)
Cash flows from investing activities:      
Payments to Acquire Businesses, Gross (47,188) 0 0
Capital expenditures (51,410) (41,355) (28,199)
Proceeds from sale of property and equipment 0 0 2,182
Payments for (Proceeds from) Other Investing Activities (1,500) 0 0
Net cash used for investing activities (100,098) (41,355) (26,017)
Cash flows from financing activities:      
Repayments of senior term loans (5,500) (5,500) (5,500)
Borrowings of revolving credit loans 35,500 16,000 55,000
Repayments of revolving credit loans (16,000) (44,000) (27,000)
Repayments of Long-term Capital Lease Obligations 124 215 158
Repurchase Holdco stock from a former member of management 0 0 (540)
Proceeds from Issuance of Common Stock 500 500 400
Net cash provided by (used for) financing activities 14,376 (33,215) 22,202
Effect of exchange rate changes on cash (1,357) (202) (1,108)
Net increase (decrease) in cash and cash equivalents (4,169) 2,721 (7,100)
Cash and cash equivalents at beginning of period 14,106 11,385  
Cash and cash equivalents at end of period $ 9,937 $ 14,106 $ 11,385