Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Operating activities:    
Net loss $ (9,952) $ (607)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,433 2,415
Amortization of deferred financing fees 76 78
Provision for deferred income taxes 2,346 (194)
Non-cash stock compensation 437 369
Change in fair value of contingent consideration (300) (100)
Loss on disposal of equipment 0 5
Changes in operating assets and liabilities:    
Accounts receivable, net (3,453) 15,448
Inventories, net 46 (14,791)
Prepaid expenses and other assets (1,252) (770)
Other non-current assets 61 0
Accounts payable (1,902) 3,063
Accrued expenses (4,290) (5,264)
Income taxes 8,007 (150)
Other liabilities (71) 44
Net cash used in operating activities (7,814) (454)
Investing activities:    
Purchases of property and equipment, net (2,162) (1,883)
Proceeds from sale of Junkfood assets 1,000 0
Proceeds from sale of fixed assets 1 0
Net cash used in investing activities (1,161) (1,883)
Financing activities:    
Proceeds from long-term debt 119,529 115,707
Repayment of long-term debt (106,424) (111,749)
Repayment of capital financing (257) (101)
Repurchase of common stock (2,897) (965)
Payment of withholding taxes on stock awards (945) (542)
Net cash provided by financing activities 9,006 2,350
Net increase in cash and cash equivalents 31 13
Cash and cash equivalents at beginning of period 572 397
Cash and cash equivalents at end of period 603 410
Supplemental cash flow information:    
Cash paid during the period for interest 1,094 1,209
Cash paid during the period for income taxes 19 94
Non-cash financing activity - capital lease agreements $ 3,050 $ 1,619