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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Cash flows from operating activities:    
Net income (loss) $ (34,091) $ 27,686
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 46,734 41,234
Amortization of debt discount and deferred financing costs 2,717 892
Asset impairment 13,766 3,872
Deferred income tax expense (benefit) (13,686) 8,239
Stock based compensation expense 5,445 4,717
Losses (gains) on change in fair value of derivatives 4,871 0
Inventory adjustments 2,883 2,043
Credit loss expense 432 3,865
Other 1,373 1,592
Changes in operating assets and liabilities:    
Accounts receivable (14,408) (10,567)
Inventories 6,814 8,319
Other assets 3,444 11,391
Accounts payable 11,630 3,458
Deferred revenue (6,338) 5,804
Other liabilities 39,834 6,734
Net cash provided by operating activities 71,420 119,279
Cash flows from investing activities:    
Purchase of property and equipment (25,796) (52,103)
Other 265 315
Net cash used for investing activities (25,531) (51,788)
Cash flows from financing activities:    
Borrowings on long-term debt, net of discounts 548,769 0
Repayments on long-term debt (369,269) (2,500)
Proceeds from exercise of stock options 5,998 2,066
Purchase of treasury stock (74) 0
Payments of debt issuance costs (12,400) 0
Payments on finance lease obligations (1,587) (1,190)
Net cash provided by (used for) financing activities 171,437 (1,624)
Net change in cash, cash equivalents and restricted cash 217,326 65,867
Cash, cash equivalents and restricted cash, beginning of year 40,307 17,998
Cash, cash equivalents and restricted cash, end of period 257,633 83,865
Supplemental cash flow disclosure information:    
Cash paid for interest 13,810 17,438
Capital expenditures accrued at the end of the period 11,265 22,033
Right of use assets acquired under finance leases 1,257 9,763
Right of use assets acquired under operating leases $ 35,870 $ 58,528