Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows

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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Cash Flows from Operating Activities:    
Net Income $ 20,877 $ 16,219
Adjustments to Reconcile Net Income to Cash Provided By (Used For) Operating Activities:    
Depreciation and Amortization 6,547 4,955
Provisions for Non-Cash Losses on Inventory and Receivables 381 1,057
Stock Compensation Expense 1,048 1,078
Deferred Tax Expense (Benefit) 1,109 (811)
Other (863) 115
Cash Flows from Changes in Operating Assets and Liabilities, net of acquisitions:    
Accounts Receivable 4,804 (9,836)
Inventories (3,668) (6,835)
Accounts Payable 3,790 3,072
Other Current Assets and Liabilities (402) 2,071
Billings in Excess of Recoverable Costs and Accrued Profits on Uncompleted Contracts (188) (61)
Customer Advanced Payments and Deferred Revenue (1,579) 4,455
Income Taxes 1,454 1,014
Supplemental Retirement and Other Liabilities 838 642
Cash Provided By Operating Activities 34,148 17,135
Cash Flows from Investing Activities:    
Acquisition of Business (135,898) (10,619)
Capital Expenditures (4,833) (10,570)
Cash Used For Investing Activities (140,731) (21,189)
Cash Flows from Financing Activities:    
Proceeds from Term Note 190,000 10,000
Payments on Note Payable (7,000) (1,000)
Payments for Long-term Debt (14,294) (8,898)
Debt Acquisition Costs (2,288)  
Acquisition Earnout Payments (81)  
Proceeds from Exercise of Stock Options 408 205
Income Tax Benefit from Exercise of Stock Options 649 391
Cash Provided By Financing Activities 167,394 698
Effect of Exchange Rates on Cash (5) 4
Increase (Decrease) in Cash and Cash Equivalents 60,806 (3,352)
Cash and Cash Equivalents at Beginning of Period 7,380 10,919
Cash and Cash Equivalents at End of Period $ 68,186 $ 7,567