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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash Flows from Operating Activities:    
Net income $ 16,609 $ 15,855
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization 13,152 11,474
Amortization of deferred financing fees 161 163
Stock-based compensation 10,144 8,497
Deferred income taxes 5,708 (7)
Impairment of long-lived assets 0 2,025
Other (3,612) 3,117
Changes in operating assets and liabilities:    
Accounts receivable 170 (9,480)
Inventory (20,220) (11,090)
Other current assets (11,960) (10,425)
Accounts payable and accrued expenses (63,009) (106,536)
Taxes payable (27,783) (8,032)
Other 344 765
Net cash used in operating activities (80,296) (103,674)
Cash Flows from Investing Activities:    
Purchases of property and equipment (8,901) (10,644)
Business acquisition, net of cash acquired 0 (36,164)
Additions of intangibles, net (6,609) (11,197)
Net cash used in investing activities (15,510) (58,005)
Cash Flows from Financing Activities:    
Repayments of long-term debt (1,055) (1,055)
Taxes paid in connection with employee stock transactions (1,542) (1,174)
Payments of finance lease obligations (3,874) (586)
Repurchase of common stock 0 (100,000)
Net cash used in financing activities (6,471) (102,815)
Effect of exchange rate changes on cash 2,524 (555)
Net decrease in cash (99,753) (265,049)
Cash, beginning of period 358,795 438,960
Cash, end of period $ 259,042 $ 173,911