v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 29, 2017
Oct. 30, 2016
Nov. 01, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:      
NET INCOME (LOSS) $ 27,132 $ (14,570) $ (24,620)
Loss from discontinued operations, net of income taxes (1,693) 0 (4,834)
Income (loss) from continuing operations 28,825 (14,570) (19,786)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:      
Depreciation and amortization 8,025 5,969 6,811
Provisions (release) of doubtful accounts and sales allowances 1,039 (154) 532
Unrealized foreign currency exchange (gain) loss 1,262 1,318 (582)
Settlement and impairment charges 1,694 364 6,626
Amortization of gain on sale leaseback of property (1,946) (1,296) 0
Gain from divestitures (51,959) (1,605) (428)
Deferred income tax provision (benefit) 719 (541) 972
Share-based compensation expense 2,755 1,828 2,906
Change in operating assets and liabilities:      
Trade accounts receivable 5,928 5,024 29,864
Restricted cash (6,673) (169) 6,279
Other assets 6,760 (983) 23,375
Net assets held for sale 0 3,584 1,396
Accounts payable 4,475 (6,727) (13,048)
Accrued expenses and other liabilities (11,072) 2,081 (2,731)
Income taxes 14,737 (1,734) 1,138
Net cash provided by (used in) operating activities 4,569 (7,611) 43,324
CASH FLOWS FROM INVESTING ACTIVITIES:      
Sales of investments 884 1,415 1,304
Purchases of investments (380) (387) (645)
Purchase of minority interest 0 (1,446) 0
Net proceeds from divestitures 81,102 36,648 0
Proceeds from sales of property, equipment and software 372 160 465
Purchases of property, equipment, and software (9,312) (17,550) (8,552)
Net cash provided by (used in) investing activities 72,666 18,840 (7,428)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Decrease in cash restricted as collateral for borrowings 0 0 10,436
Repayment of borrowings (77,050) (22,150) (58,506)
Draw-down on borrowings 30,000 19,200 30,000
Repayment of long-term debt 0 (7,295) (832)
Debt issuance costs (1,190) (1,093) (1,426)
Proceeds from exercise of stock options 2 74 531
Purchases of common stock under repurchase program 0 0 (4,262)
Withholding tax payment on vesting of restricted stock awards (52) (122) 0
Net cash used in financing activities (48,290) (11,386) (24,059)
Effect of exchange rate changes on cash and cash equivalents 1,746 (3,645) (924)
CASH FLOWS FROM DISCONTINUED OPERATIONS:      
Cash flow from operating activities 0 0 (3,237)
Cash flow from investing activities 0 0 (4,000)
Net cash used in discontinued operations 0 0 (7,237)
Net increase (decrease) in cash and cash equivalents 30,691 (3,802) 3,676
Cash and cash equivalents, beginning of year 6,386 10,188 6,723
Change in cash from discontinued operations 0 0 (211)
Cash and cash equivalents, end of year 37,077 6,386 10,188
Cash paid during the year:      
Interest 3,840 3,305 3,196
Income taxes 3,521 4,316 3,315
Supplemental disclosure of non-cash investing activity:      
Note receivable in exchange for Computer Systems segment net assets sold $ 0 $ 0 $ 8,363

Source