Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.7.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Operating activities:    
Net income $ 3,942 $ 4,116
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 4,866 4,745
Amortization of deferred financing fees 170 250
Excess tax benefits from stock awards (106) (89)
Provision for deferred income taxes 1,446 1,283
Gain on sale of Junkfood assets (1,295) 0
Non-cash stock compensation 768 952
Change in fair value of contingent consideration (200) (300)
Loss on disposal of equipment 1 28
Changes in operating assets and liabilities:    
Accounts receivable, net 4,011 2,543
Inventories, net (19,930) (15,287)
Prepaid expenses and other assets (421) (2,469)
Other non-current assets (165) 266
Accounts payable 12,447 2,659
Accrued expenses (5,622) (4,319)
Income taxes (136) 130
Other liabilities 69 139
Net cash used in operating activities (155) (5,353)
Investing activities:    
Purchases of property and equipment, net (3,712) (4,996)
Proceeds from sale of Junkfood assets 25,000 0
Proceeds from sale of fixed assets 0 21
Net cash provided by (used in) investing activities 21,288 (4,975)
Financing activities:    
Proceeds from long-term debt 221,510 237,765
Repayment of long-term debt (239,930) (224,950)
Repayment of capital financing (274) (153)
Repurchase of common stock (1,714) (1,818)
Payment of withholding taxes on stock awards (542) (163)
Excess tax benefits from stock awards 106 89
Net cash (used in) provided by financing activities (20,844) 10,770
Net increase in cash and cash equivalents 289 442
Cash and cash equivalents at beginning of period 397 300
Cash and cash equivalents at end of period 686 742
Supplemental cash flow information:    
Cash paid during the period for interest 2,379 2,104
Cash paid during the period for income taxes, net of refunds received 140 75
Non-cash financing activity - capital lease agreements $ 1,619 $ 1,374