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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2022
Apr. 02, 2021
Cash flows from operating activities:    
Consolidated net income $ 18,820 $ 11,310
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 14,044 9,849
Provision for inventory excess and obsolescence 397 1,136
Share-based compensation 6,774 6,644
Deferred income taxes (5,140) (968)
Write-off of unamortized deferred financing costs 624  
Contingent consideration adjustments (2,275) 126
Other 240 287
Changes in assets and liabilities which (used)/provided cash, excluding effects from business acquisitions:    
Accounts receivable (8,949) (15,828)
Inventories (14,928) 675
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets 4,040 (4,277)
Accounts payable, income taxes payable, accrued expenses and other current liabilities (38) 13,745
Other non-current assets and liabilities (2,262) 569
Net cash provided by operating activities 11,347 23,268
Cash flows from investing activities:    
Working capital adjustments from business acquisition 820  
Purchases of property, plant and equipment (6,308) (3,268)
Payment of contingent consideration related to acquisition of technology assets (1,470) (2,200)
Other investing activities 137  
Net cash used in investing activities (6,821) (5,468)
Cash flows from financing activities:    
Repayments under term loan and revolving credit facilities (11,640) (1,345)
Payments of debt issuance costs (2,133)  
Payments of withholding taxes from share-based awards (7,733) (18,272)
Payment of contingent consideration related to an acquisition (375) (435)
Purchase of building under finance lease   (8,743)
Other financing activities (148) (140)
Net cash used in financing activities (22,029) (28,935)
Effect of exchange rates on cash and cash equivalents (1,085) (357)
Decrease in cash and cash equivalents (18,588) (11,492)
Cash and cash equivalents, beginning of the period 117,393 125,054
Cash and cash equivalents, end of the period 98,805 113,562
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,737 1,115
Cash paid for income taxes 2,624 1,983
Income tax refunds received $ 128 $ 45