v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 04, 2026
Mar. 29, 2025
Cash flows from operating activities:    
Net income $ 3,844 $ 4,186
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 554 424
Equity compensation expense from awards issued 1,008 773
Deferred income tax expense 0 (5)
Change in operating right-of-use assets 301 267
Changes in operating assets and liabilities:    
Accounts receivable (3,892) 9,558
Prepaid expenses and other current assets 576 1,787
Net of transit accounts receivable and payable (242) (4,393)
Accounts payable and accrued expenses 710 1,358
Accrued payroll and related costs 1,493 2,665
Operating lease liabilities (274) (241)
Income taxes payable 9 71
Deferred revenue (1,401) 356
Deposits 2 (4)
Total adjustments and changes in operating assets and liabilities (1,174) 12,474
Net cash provided by operating activities 2,670 16,660
Cash flows from investing activities:    
Property and equipment acquired (97) (427)
Net cash used in investing activities (97) (427)
Cash flows from financing activities:    
Net borrowings (repayments) under revolving credit facility 4,128 (11,553)
Issuance of stock for employee stock purchase plan 308 281
Retirement of common shares (17) (939)
Changes in finance lease obligations (235) (184)
Purchase of treasury stock (6,688) (3,188)
Net cash used in financing activities (2,504) (15,583)
(Decrease) increase in cash (301) 452
Cash at beginning of period 2,922 4,729
Cash at end of period 2,621 5,181
Effect of exchange rate changes on cash (370) (198)
Supplemental cash flow information:    
Interest 1,284 740
Income taxes 457 494
Non-cash operating activities:    
Acquisition of right-of-use assets in exchange for lease obligations $ 0 $ 233