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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Cash Flows from Operating Activities:    
Net income $ 24,390 $ 15,564
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 13,801 11,885
Amortization of deferred financing fees 1,133 1,456
Stock‑based compensation 8,286 7,108
Deferred income taxes 6,310 2,717
Impairment of long‑lived assets 97 598
Gain on disposal of long-lived assets   (20)
Changes in operating assets and liabilities:    
Accounts receivable, net (15,945) 1,658
Inventory (36,225) 25,685
Other current assets (5,516) (4,277)
Accounts payable and accrued expenses 17,367 28,415
Taxes payable (4,655) (8,956)
Other 723 1,798
Net cash provided by operating activities 9,766 83,631
Cash Flows from Investing Activities:    
Purchases of property and equipment (16,786) (7,067)
Purchases of intangibles, net (13,214) (7,724)
Proceeds from sale of long-lived assets   165
Net cash used in investing activities (30,000) (14,626)
Cash Flows from Financing Activities:    
Repayments of long-term debt (23,750) (49,275)
Cash paid for repurchase of common stock   (1,967)
Proceeds from employee stock transactions 2,064 53
Taxes paid in connection with exercise of stock options   (57)
Payments of dividends   (96)
Net cash used in financing activities (21,686) (51,342)
Effect of exchange rate changes on cash (108) 29
Net (decrease) increase in cash (42,028) 17,692
Cash, beginning of period 80,051 53,650
Cash, end of period 38,023 71,342
Supplemental disclosure of cash flow information    
Change in accrual for property and equipment 150 903
Accrued dividends $ 319 $ 1,118