Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Operating activities:    
Net (loss) earnings from continuing operations $ (2,361) $ 1,653
Adjustments to reconcile earnings to net cash used in operating activities:    
Depreciation and amortization 4,626 4,038
Amortization of deferred financing fees 174 181
Excess tax benefits from exercise of stock options (33) (37)
Provision for (benefit from) deferred income taxes 1,503 (1,104)
Non-cash stock compensation 496 145
Change in fair value of contingent consideration 125 0
(Gain) loss on disposal or impairment of property and equipment (47) 64
Release of cash held in escrow 3,000 0
Changes in operating assets and liabilities:    
Accounts receivable 2,898 (1,512)
Inventories (5,595) (4,008)
Prepaid expenses and other assets (1,377) (375)
Accounts payable (1,463) 1,476
Accrued expenses (5,312) (4,145)
Income tax receivable (1,811) (522)
Other liabilities 1,022 (73)
Net cash used in operating activities (4,155) (4,219)
Investing activities:    
Purchases of property and equipment, net (5,574) (3,778)
Proceeds from sale of equipment 24 15
Net cash used in investing activities (5,550) (3,763)
Financing activities:    
Proceeds from long-term debt 250,869 239,840
Repayment of long-term debt (241,792) (229,508)
Repurchase of common stock (180) (3,499)
Proceeds from exercise of stock options 840 0
Payment of withholding taxes on exercise of stock options 0 (239)
Excess tax benefits from exercise of stock options 33 37
Net cash provided by financing activities 9,770 6,631
Net increase (decrease) in cash and cash equivalents 65 (1,351)
Cash and cash equivalents at beginning of period 829 1,840
Cash and cash equivalents at end of period 894 489
Supplemental cash flow information:    
Cash paid during the period for interest 2,217 1,622
Cash paid during the period for income taxes, net of refunds received $ 80 $ 1,517