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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2025
Jun. 28, 2024
Cash flows from operating activities:    
Net income $ 4,804 $ 17,479
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 2,059 1,883
Amortization expense 376  
Amortization of debt issuance costs 45 36
Non-cash stock based compensation expense 19,394 5,449
(Reversal) provision for doubtful accounts (150) 184
Loss on foreign currency translation 776 94
Deferred income tax expense 838 1,491
Changes in assets and liabilities, net of acquisition:    
Increase in accounts receivable and contract assets (5,208) (6,172)
Increase in prepaid expenses and other assets (4,039) (2,074)
Decrease in accounts payable (1,738) (3,267)
Decrease in accrued expenses and other liabilities (5,272) (1,685)
Increase in contract liabilities 1,281 1,211
(Decrease) increase in income tax payable (3,323) 1,882
Net cash provided by operating activities 9,843 16,511
Cash flows from investing activities:    
Purchases of property and equipment (3,454) (1,832)
Cash consideration paid for acquisition (767)  
Net cash used in investing activities (4,221) (1,832)
Cash flows from financing activities:    
Debt proceeds 10,000  
Repayments of debt   (6,000)
Debt issuance costs (5)  
Proceeds from ESPP 670 535
Taxes paid to satisfy employee withholding tax obligations (5,603) (3,925)
Dividends paid (6,342) (6,032)
Repurchase of common stock (10,521) (1,055)
Net cash used in financing activities (11,801) (16,477)
Effect of exchange rate on cash (45) (13)
Net decrease in cash (6,224) (1,811)
Cash at beginning of period 16,366 20,956
Cash at end of period 10,142 19,145
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 8,782 1,949
Cash paid for interest 577 1,149
Supplemental disclosure of non-cash flow financing activities:    
Dividend declared during the quarter and paid the following quarter $ 3,302 $ 3,037