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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Jan. 02, 2016
Operating activities:      
Net income $ 163,317 $ 67,493 $ 32,779
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 50,880 52,633 53,171
Amortization of deferred financing costs and debt discount 6,112 6,116 6,886
Goodwill impairment 13,323 0 0
Impairment of intangible and long-lived assets 682 615 2,455
Write-off of net assets due to cessation of Spain operations 70 0 0
Share-based compensation expense 14,949 6,527 24,771
Deferred tax (benefit) provision (48,216) 11,093 12,098
Allowance for doubtful accounts (587) 363 (446)
Reserve for inventory obsolescence 7,823 5,109 7,593
Foreign currency exchange rate loss 202 1,270 1,526
Early extinguishment of debt, net 8,969 0 (12,667)
Changes in cash due to:      
Receivables 5,444 (37) 1,571
Inventories (4,504) (9,513) (3,055)
Prepaid expenses (4,359) (14,755) (18,284)
Accounts payable (14,507) 461 (13,930)
Accrued liabilities 4,414 (8,823) (32,418)
Deferred revenue 8,298 1,212 1,256
Other long term assets and liabilities, net 5,683 1,512 1,512
Income taxes 4,281 (2,232) (10,003)
Cash provided by operating activities 222,274 119,044 54,815
Investing activities:      
Capital expenditures (13,732) (5,556) (3,952)
Capitalized software expenditures (26,916) (28,785) (32,307)
Cash paid for acquisitions 0 (2,898) (3,112)
Other items, net (143) (291) (936)
Cash used for investing activities (40,791) (37,530) (40,307)
Financing activities:      
Net borrowings (payments) on revolver 25,000 (48,000) 48,000
Proceeds from new long term debt 1,840,000 0 0
Financing costs and debt discount (53,636) 0 0
Payments on long-term debt (2,018,773) (165,323) (158,113)
Proceeds from the sale of common stock, net of fees 0 0 41,475
Taxes paid related to net share settlement of equity awards (9,548) 0 0
Excess tax benefit of share-based compensation 0 973 0
Proceeds from stock options exercised 5,475 139 95
Payment of dividends 0 (11) (42)
Cash used for financing activities (211,482) (212,222) (68,585)
Effect of exchange rate changes on cash and cash equivalents 4,397 (2,162) (5,609)
Net decrease in cash and cash equivalents (25,602) (132,870) (59,686)
Cash and cash equivalents, beginning of fiscal year 108,656 241,526 301,212
Cash and cash equivalents, end of fiscal year $ 83,054 $ 108,656 $ 241,526