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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Operating activities    
Net income (loss) $ 22,739 $ (33,397)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation of property and equipment 7,263 9,468
Amortization of intangible assets 24,141 25,029
Amortization of debt issuance cost 9,560 6,096
Stock-based compensation 8,018 0
Net undistributed income from unconsolidated ventures (3,533) (2,253)
Deferred income taxes, net (11,229) (1,872)
Other non-cash activities, net 382 35,598
Changes in operating assets and liabilities, net:    
Accounts receivable, net (3,477) 65,752
Accounts payable 15,852 1,310
Accrued expenses 765 12,217
Customer advances and billings in excess of costs 8,923 34,179
Salaries, benefits and payroll taxes 10,975 1,569
Inventories, net 2,291 (2,195)
Prepaid expenses and other current assets (4,409) 1,050
Other current and noncurrent liabilities 71 (17,172)
Investments 2,793 3,314
Other noncurrent assets 5,903 (6,289)
Accrued taxes (4,904) (3,527)
Net cash provided by operating activities 92,124 128,877
Investing activities    
Expenditures for property and equipment (2,628) (8,421)
Other investing activities, net (72) 2,221
Net cash used in investing activities (2,700) (6,200)
Financing activities    
Net contributions from noncontrolling interests 2,095 5,400
Borrowings on long-term debt 60,734 161,409
Repayments on long-term debt (212,184) (246,411)
Payments of debt issuance costs (964) 0
Recapitalization from merger with Gores III 605,713 0
Payment of underwriting and transaction costs (27,267) 0
Distribution to selling stockholders (439,719) 0
Other financing activities, net (292) (742)
Net cash used in financing activities (11,884) (80,344)
Effect of exchange rate changes on cash and cash equivalents (129) (1,486)
Net increase in cash and cash equivalents 77,411 40,847
Cash and cash equivalents at beginning of period 68,035 51,097
Cash and cash equivalents at end of period 145,446 91,944
Supplemental cash flow information    
Cash paid for interest 35,085 40,628
Cash paid for taxes $ 5,304 $ 6,936