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
Nov. 01, 2020
Nov. 03, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (33,587) $ (15,186)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Depreciation and amortization 7,981 6,955
Operating lease asset amortization 7,611 0
Release of doubtful accounts and sales allowances (13) (245)
Unrealized foreign currency exchange loss 621 510
Impairment charges 16,913 688
(Gain) loss on dispositions of property, equipment and software (287) 14
Amortization of gain on sale leaseback of property   (1,944)
Deferred income tax benefit (11) (88)
Share-based compensation expense 1,736 499
Change in operating assets and liabilities:    
Trade accounts receivable 14,057 22,472
Other assets 1,209 432
Accounts payable (5,166) 2,839
Accrued expenses and other liabilities 7,897 (9,712)
Income taxes (807) 134
Net cash provided by operating activities 18,154 7,368
CASH FLOWS FROM INVESTING ACTIVITIES:    
Sales of investments 822 391
Purchases of investments (582) (221)
Proceeds from sales of property, equipment and software 399 41
Purchases of property, equipment and software (5,268) (9,053)
Net cash used in investing activities (4,629) (8,842)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of borrowings (15,000) (20,000)
Draw-down on borrowings 20,000 25,000
Debt issuance costs (343) (783)
Withholding tax payment on vesting of restricted stock awards (77) (318)
Net cash provided by financing activities 4,580 3,899
Effect of exchange rate changes on cash, cash equivalents and restricted cash (116) (525)
Net increase in cash, cash equivalents and restricted cash 17,989 1,900
Cash, cash equivalents and restricted cash, beginning of year 38,444 36,544
Cash, cash equivalents and restricted cash, end of year 56,433 38,444
Cash paid during the year:    
Interest 2,297 3,156
Income taxes 1,979 1,194
Current assets:    
Cash and cash equivalents 38,550 28,672
Restricted cash $ 17,883 $ 9,772