v3.19.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Operating activities:    
Consolidated net earnings $ 7,868 $ 1,230
Adjustments to consolidated net earnings attributable to net cash provided by operating activities:    
Depreciation 9,953 8,736
Amortization of intangibles 1,811 1,253
Amortization of deferred financing fees 312 306
(Benefit from) provision for deferred income taxes (384) 5,760
Non-cash stock compensation 1,856 2,575
Loss on disposal of equipment 289 130
Other, net (2,292) (2,398)
Changes in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable, net (12,824) 1,466
Inventories, net (2,997) 715
Prepaid expenses and other current assets 878 (208)
Other non-current assets (71) 53
Accounts payable 1,951 (1,904)
Accrued expenses 3,670 (994)
Income taxes (594) 4,573
Other liabilities 2 (55)
Net cash provided by operating activities 9,428 21,238
Investing activities:    
Purchases of property and equipment (6,063) (5,769)
Proceeds from sale of property and equipment 30 5,779
Proceeds from sale of business 1,946
Investment in capital stock (500)
Investment by non-controlling member 200
Cash paid for business (5,424) (16,602)
Net cash used in investing activities (11,457) (14,946)
Financing activities:    
Proceeds from long-term debt 452,055 459,385
Repayment of long-term debt (440,130) (453,579)
Payment of capital financing (4,338) (2,325)
Payment of contingent consideration (564)
Repurchase of common stock (2,736) (8,940)
Payment of withholding taxes on stock awards (2,113) (945)
Net cash provided by (used in) financing activities 2,174 (6,404)
Net increase (decrease) in cash and cash equivalents 145 (112)
Cash and cash equivalents at beginning of period 460 572
Cash and cash equivalents at end of period 605 460
Supplemental cash flow information:    
Cash paid during the period for interest 7,064 5,052
Cash paid during the period for income taxes, net of refunds received 890 260
Non-cash financing activity—seller financing 5,000
Non-cash financing activity—capital lease agreements $ 11,406 $ 6,840

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