Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v3.5.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Oct. 01, 2016
Oct. 03, 2015
Sep. 27, 2014
Operating activities:      
Net earnings (loss) $ 8,964 $ 8,093 $ (960)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation 8,295 8,204 8,156
Amortization of intangibles 1,330 1,338 1,337
Amortization of deferred financing fees 413 517 362
Excess tax benefits from stock awards and option exercises (89) (2) (27)
Provision for (benefit from) deferred income taxes 2,048 786 (6,382)
(Benefit from) provision for allowances on accounts receivable, net (1,007) (175) 201
Non-cash stock compensation 1,852 1,390 229
Change in fair value of contingent consideration (600) (500) 200
Loss on disposal of equipment 108 29 126
Fixed asset impairment charge 607 0 913
Gain on sale of The Game assets before transaction costs 0 (8,114) 0
Changes in operating assets and liabilities, net of effect of acquisitions:      
Accounts receivable 140 6,236 (296)
Inventories, net (15,662) 7,730 3,002
Prepaid expenses and other current assets (1,302) 376 (747)
Other non-current assets (346) (308) 198
Accounts payable (2,217) (4,370) 4,698
Accrued expenses (420) 158 2,503
Income taxes (84) 1,447 (101)
Other liabilities 170 (528) 561
Net cash provided by operating activities 2,200 22,307 13,973
Investing activities:      
Purchases of property and equipment (12,315) (7,773) (8,894)
Proceeds from sale of property and equipment 1,861 470 71
Proceeds from sale of The Game assets 0 14,913 0
Cash paid for businesses, net of cash acquired (313) 0 0
Net cash (used in) provided by investing activities (10,767) 7,610 (8,823)
Financing activities:      
Proceeds from long-term debt 488,093 497,364 493,360
Repayment of long-term debt (474,510) (525,125) (498,121)
Payment of capital financing (350) (150) 0
Payment of financing fees (1,018) (42) (384)
Repurchase of common stock (3,477) (2,023) (1,180)
Proceeds from exercise of stock options 0 59 931
Payment of withholding taxes on stock awards and option exercises (163) (314) 0
Excess tax benefits from stock awards and option exercises 89 2 27
Net cash provided by (used in) financing activities 8,664 (30,229) (5,367)
Net increase (decrease) in cash and cash equivalents 97 (312) (217)
Cash and cash equivalents at beginning of period 300 612 829
Cash and cash equivalents at end of period 397 300 612
Supplemental cash flow information:      
Cash paid during the period for interest 4,273 4,803 4,698
Cash paid (received) during the period for income taxes, net of refunds received 308 (328) 255
Non-cash financing activity—shortfall to excess tax benefit pool 0 673 0
Non-cash financing activity—capital lease agreement 781 0 778
Accrued capital expenditures $ 1,615 $ 0 $ 0