Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Cash Flows

v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Jan. 01, 2011
Jan. 02, 2010
Cash flows from operating activities      
Net earnings $ 50,752 $ 45,651 $ 33,556
Adjustments to reconcile net earnings to net cash provided by operating activities      
Depreciation and amortization 8,474 7,916 7,069
(Gain) loss on sale of property and equipment 45 94 (149)
Equity-based compensation expense 10,549 10,406 8,925
Excess tax benefits from equity-based payment arrangements (48) (2,449) (11)
Deferred income taxes (1,599) 3,194 (2,296)
Changes in operating assets and liabilities:      
Inventories, net (3,209) (4,982) (299)
Prepaid expenses and other assets 4,024 (5,218) 1,685
Accounts payable 1,502 (1,981) (1,138)
Other liabilities (382) 13,477 (14,873)
Total adjustments 19,356 20,457 (1,087)
Net cash provided by operating activities 70,108 66,108 32,469
Cash flows from investing activities      
Acquisitions, net of cash acquired   (42,694)  
Receipts on notes receivable     245
Increase in notes receivable     (151)
Proceeds from sale of property and equipment 34 33 837
Purchases of property and equipment (10,643) (4,192) (4,128)
Net cash used in investing activities (10,609) (46,853) (3,197)
Cash flows from financing activities      
Proceeds from equity awards exercised 39 12,005 131
Excess tax benefits from equity-based payment arrangements 48 2,449 11
Repurchase of common stock (33,459) (17,031) (1,654)
Borrowings on line of credit   31,150 57,020
Payments on line of credit   (38,150) (85,010)
Net cash used in financing activities (33,372) (9,577) (29,502)
Effect of exchange rate changes on cash and cash equivalents 4 886 607
Net increase in cash and cash equivalents 26,131 10,564 377
Cash and cash equivalents, beginning of period 24,222 13,658 13,281
Cash and cash equivalents, end of period 50,353 24,222 13,658
Supplemental disclosures of cash flow information      
Interest 10 99 552
Income taxes 24,539 21,628 22,817
Non-cash financing activities      
Common stock issued in connection with acquisitions   $ 17,716