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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 03, 2022
Apr. 04, 2021
Cash Flows from Operating Activities    
Net income (loss) $ 2,043 $ (1,375)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 841 725
Noncash lease expense 789  
Amortization of debt discount and debt issuance costs 40 671
Interest expense capitalized to principal of long-term debt and revolving line of credit   703
Equity-based compensation expense 5,758 1,913
Deferred income taxes (554) (1,407)
Changes in operating assets and liabilities:    
Accounts receivable (2,213) (2,907)
Inventories (19,892) (5,939)
Asset for recovery (2,928) (3,083)
Income tax (receivable) payable 1,636 3,557
Prepaid and other current assets (499) (643)
Accounts payable 7,136 7,364
Accrued expenses and other current liabilities 28,554 17,324
Operating lease liabilities 7  
Other noncurrent liabilities (470) (249)
Net cash provided by operating activities 20,248 16,654
Cash Flows from Investing Activities    
Capitalized software development costs (600) (254)
Purchases of property and equipment (976) (169)
Other (78)  
Net cash used in investing activities (1,654) (423)
Cash Flows from Financing Activities    
Repayments on revolving line of credit (10,000) (8,580)
Repayment of long-term debt   (2,532)
Proceeds from the issuance of redeemable preferred stock, net of issuance costs   1,427
Payment of offering costs related to Initial Public Offering (542)  
Other (21) (7)
Net cash used in financing activities (10,563) (9,692)
Net increase in cash, cash equivalents and restricted cash 8,031 6,539
Cash, cash equivalents and restricted cash at beginning of period 11,908 16,059
Cash, cash equivalents and restricted cash at end of period 19,939 22,598
Supplemental Disclosure    
Cash refunded for income taxes, net of income tax taxes paid (20) (1,949)
Cash paid for interest 164 2,480
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Addition of right-of-use assets, including prepaid rent, net of deferred rent recorded upon adoption of ASC 842 28,018  
Addition of lease liabilities recorded upon adoption of ASC 842 28,599  
Assets acquired under finance lease obligations 3,763  
Purchases of property and equipment included in accounts payable and accrued expenses 99 32
Shares withheld for withholding tax on restricted stock units 265  
Offering costs included in accrued expenses $ 290  
Debt issuance costs included in accrued expenses   917
Paid-in-kind interest added to principal balance of long-term debt and revolving line of credit   $ 703