Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Operating activities:    
Consolidated net earnings (loss) $ 791 $ (1,225)
Adjustments to reconcile net earnings (loss) to net cash used in operating activities:    
Depreciation and amortization 3,161 2,919
Amortization of deferred financing fees 73 78
Benefit from deferred income taxes (278)
Non-cash stock compensation 601 662
Other, net (725) (679)
Gain on disposal of equipment (37)
Changes in operating assets and liabilities, net of effect of acquisition:    
Accounts receivable, net 5,410 (8,794)
Inventories, net (18,208) (11,543)
Prepaid expenses and other assets 70 (504)
Other non-current assets (1,004) (17)
Accounts payable 7,985 13,615
Accrued expenses (3,920) 2,055
Change in net operating lease liabilities 931
Income taxes 16 (377)
Other liabilities (1) 122
Net cash used in operating activities (4,857) (3,966)
Investing activities:    
Purchases of property and equipment, net (3,747) (989)
Cash paid for business (828) (2,000)
Net cash used in investing activities (4,575) (2,989)
Financing activities:    
Proceeds from long-term debt 117,763 114,934
Repayment of long-term debt (105,211) (102,896)
Repayment of capital financing (1,259) (1,158)
Payment of deferred financing fees (1,079)
Repurchase of common stock (1,714)
Payment of withholding taxes on stock awards (954) (2,113)
Net cash provided by financing activities 9,260 7,053
Net (decrease) increase in cash and cash equivalents (172) 98
Cash and cash equivalents at beginning of period 605 460
Cash and cash equivalents at end of period $ 433 $ 558