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
 3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Cash Flows From Operating Activities:    
Net Income $ 3,294 $ 11,587
Adjustments to Reconcile Net Income to Cash Provided By Operating Activities:    
Depreciation and Amortization 9,841 6,298
Provisions for Non-Cash Losses on Inventory and Receivables 564 535
Stock Compensation Expense 931 656
Deferred Tax Benefit (1,128) (516)
Other (467) (291)
Cash Flows from Changes in Operating Assets and Liabilities:    
Accounts Receivable (20,868) (3,268)
Inventories (18,204) (5,957)
Accounts Payable 19,418 4,397
Accrued Expenses (3,194) (8,477)
Other Current Assets and Liabilities (3,474) (942)
Customer Advanced Payments and Deferred Revenue 10,482 (2,072)
Income Taxes 1,303 4,038
Supplemental Retirement and Other Liabilities 448 382
Cash (Used For) Provided By Operating Activities (1,054) 6,370
Cash Flows From Investing Activities:    
Capital Expenditures (4,346) (2,767)
Cash Used For Investing Activities (4,346) (2,767)
Cash Flows From Financing Activities:    
Proceeds from Long-term Debt 15,000 0
Payments for Long-term Debt (10,705) (6,657)
Purchase of Outstanding Shares for Treasury 0 (4,413)
Debt Acquisition Costs (516) 0
Proceeds from Exercise of Stock Options 160 295
Cash Provided By (Used For) Financing Activities 3,939 (10,775)
Effect of Exchange Rates on Cash (66) 34
Decrease in Cash and Cash Equivalents (1,527) (7,138)
Cash and Cash Equivalents at Beginning of Period 17,914 17,901
Cash and Cash Equivalents at End of Period $ 16,387 $ 10,763