v3.10.0.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2018
Oct. 01, 2017
Operating activities:    
Net income $ 2,073 $ 1,243
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant and equipment 293 96
Amortization of intangibles 414 429
Deferred income taxes 105 102
Reserve for unrecognized tax benefits 105 64
Stock-based compensation 197 277
Changes in assets and liabilities:    
Accounts receivable 1,840 2,797
Inventories 8 17
Prepaid expenses (10) 732
Other assets 1
Accounts payable 2,532 (73)
Accrued liabilities (425) 997
Net cash provided by operating activities 7,133 6,681
Investing activities:    
Capital expenditures for property, plant and equipment (406) (98)
Payment for acquisition, net of liabilities assumed (8,725)
Net cash used in investing activities (406) (8,823)
Financing activities:    
Repayments under revolving line of credit (29,924)
Borrowings under revolving line of credit 24,843
Purchase of treasury stock (95) (56)
Payments on capital leases (845)
Dividends paid (1,612) (1,607)
Net cash used in financing activities (6,788) (2,508)
Net decrease in cash and cash equivalents (61) (4,650)
Cash and cash equivalents at beginning of period 215 7,892
Cash and cash equivalents at end of period 154 3,242
Supplemental cash flow information:    
Income taxes paid 637 1,055
Interest paid 142 2
Noncash financing activities:    
Property, plant and equipment purchased but unpaid (15)
Dividends declared but unpaid (808) (807)
Compensation paid as common stock $ 116

Source