Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 28, 2018
Oct. 29, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME (LOSS) $ (32,685) $ 27,132
Loss from discontinued operations, net of income taxes 0 (1,693)
Income (loss) from continuing operations (32,685) 28,825
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:    
Depreciation and amortization 7,209 8,025
Provisions (release) of doubtful accounts and sales allowances (198) 1,039
Unrealized foreign currency exchange loss 27 1,262
Settlement and impairment charges 506 1,694
Amortization of gain on sale leaseback of property (1,944) (1,946)
Gain (loss) from divestitures 266 (51,959)
Deferred income tax provision 24 719
Share-based compensation expense 1,270 2,755
Change in operating assets and liabilities:    
Trade accounts receivable 16,735 5,928
Restricted cash 5,239 (6,673)
Other assets 5,111 6,760
Accounts payable (3,723) 4,475
Accrued expenses and other liabilities (4,107) (11,072)
Income taxes 774 14,737
Net cash provided by (used in) operating activities (5,496) 4,569
CASH FLOWS FROM INVESTING ACTIVITIES:    
Sales of investments 755 884
Purchases of investments (443) (380)
Net proceeds from divestitures 0 81,102
Proceeds from sales of property, equipment and software 19 372
Purchases of property, equipment, and software (3,565) (9,312)
Net cash provided by (used in) investing activities (3,234) 72,666
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of borrowings (124,696) (77,050)
Draw-down on borrowings 124,696 30,000
Debt issuance costs (1,469) (1,190)
Proceeds from exercise of stock options 0 2
Withholding tax payment on vesting of restricted stock awards (271) (52)
Net cash used in financing activities (1,740) (48,290)
Effect of exchange rate changes on cash and cash equivalents (1,844) 1,746
Net increase (decrease) in cash and cash equivalents (12,314) 30,691
Cash and cash equivalents, beginning of year 37,077 6,386
Cash and cash equivalents, end of year 24,763 37,077
Cash paid during the year:    
Interest 2,765 3,840
Income taxes $ 3,341 $ 3,521