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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2025
Dec. 29, 2023
Cash Flows From Operating Activities    
Net (loss) income $ (124,748) $ (2,286)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 6,130 2,062
Depreciation and amortization 15,132 17,121
Equity in loss (earnings) of unconsolidated joint ventures 4,728 (10,354)
Return on investments in unconsolidated joint ventures 694 14,682
ERP pre-implementation asset impairment 10,428  
Gain on sale of assets (20,725) (31,834)
Other, net 3,858 (47)
Changes in operating assets and liabilities:    
Accounts receivable, net 11,190 2,251
Due from unconsolidated joint ventures 0 313
Contract assets 104,139 (9,334)
Accounts payable (35,114) 13,747
Contract liabilities (13,260) (47,940)
Accrued expenses 9,940 (26,861)
Accrued salaries, wages and benefits 2,039 (8,975)
Other assets and liabilities 4,310 (645)
Net cash used in operating activities (21,259) (88,100)
Cash Flows From Investing Activities    
Purchases of property, plant and equipment (10,477) (7,042)
Proceeds from sale of assets 31,774 35,975
Unconsolidated joint venture equity contributions (6,460) (23,170)
Return of investments in unconsolidated joint ventures 204 16,287
Net cash provided by investing activities 15,041 22,050
Cash Flows From Financing Activities    
Net borrowings on Credit Agreement 9,496 0
Net (repayments of) borrowings on Revolving Credit Facility (29,915) 29,915
Proceeds from IPO   25,025
Payments of IPO costs   (5,961)
Other, net (1,478) (1,104)
Net cash (used in) provided by financing activities (21,897) 47,875
Net (decrease) increase in cash, cash equivalents and restricted cash (28,115) (18,175)
Cash, cash equivalents and restricted cash, beginning of period 63,910 82,085
Cash, cash equivalents and restricted cash, end of period 35,795 63,910
Reconciliation of cash, cash equivalents and restricted cash to the Condensed Consolidated Balance Sheets    
Cash and cash equivalents 33,730 62,939
Restricted cash 2,065 971
Total cash, cash equivalents and restricted cash $ 35,795 $ 63,910