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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities:    
Net income $ 20,478 $ 23,166
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 29,623 27,447
(Gain) loss on disposition of fixed assets 264 220
Unrealized (gain) loss in value of equity securities (1,066) (234)
Deferred income taxes (868) (407)
Unrealized (gain) loss in SERP 1,199 (1,306)
Changes in operating assets and liabilities:    
Inventories (5,264) 395
Accounts receivable and prepaid expenses (2,016) (1,857)
Accounts payable and other liabilities (43,074) (20,175)
Income taxes 6,228 7,455
Other (648) (466)
Net cash provided by operating activities 4,856 34,239
Cash flows from investing activities:    
Purchase of property and equipment (33,180) (35,530)
Proceeds from the sale of property and equipment 74 32
Purchase of marketable securities (14,610) (62,814)
Proceeds from the sale and maturities of marketable securities 36,924 26,798
Acquisition of business (7,468)  
Purchase of intangible assets   (419)
Change in SERP investment 157 (1,192)
Net cash used in investing activities (18,103) (73,125)
Cash flows from financing activities:    
Dividends paid (9,145) (9,145)
Net cash used in financing activities (9,145) (9,145)
Net increase (decrease) in cash and cash equivalents (22,392) (48,031)
Cash and cash equivalents at beginning of year 190,323 184,217
Cash and cash equivalents at end of period $ 167,931 $ 136,185