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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Operating activities      
Net loss $ (17,393) $ (178,789) $ (6,433)
Net loss from discontinued operations (5,919) (153,608) (8,722)
Net earnings (loss) from continuing operations (11,474) (25,181) 2,289
Items not affecting cash:      
Depreciation and amortization 36,497 31,039 23,047
Amortization of debt issuance costs 914 1,398 1,601
Deferred income taxes (180) 3,978 (296)
Stock-based compensation 11,190 12,432 13,830
Gain on sale of smoothie bowls product line (1,800) 0 0
Gain on sale of property, plant and equipment (244) 0 0
Loss on extinguishment of debt 0 1,584 0
Other (275) 707 3,825
Changes in operating assets and liabilities, net of divestitures 17,711 (22,382) (13,550)
Net cash provided by operating activities of continuing operations 52,339 3,575 30,746
Net cash provided by (used in) operating activities of discontinued operations (2,310) 11,269 29,829
Net cash provided by operating activities 50,029 14,844 60,575
Investing activities      
Additions to property, plant and equipment (31,928) (46,125) (125,139)
Proceeds from sale of smoothie bowls product line 6,336 0 0
Proceeds from sale of property, plant and equipment 612 0 4,182
Cash settlement of foreign currency forward contract 0 (394) 0
Net cash used in investing activities of continuing operations (24,980) (46,519) (120,957)
Net cash provided by investing activities of discontinued operations 6,300 90,551 14,133
Net cash provided by (used in) investing activities (18,680) 44,032 (106,824)
Financing activities      
Increase (decrease) in borrowings under revolving credit facilities 2,187 (15,863) 29,640
Borrowings of long-term debt 1,446 199,855 90,907
Repayment of long-term debt (26,953) (95,303) (20,085)
Repayment of asset-based credit facilities 0 (141,880) 0
Payment of debt issuance costs 0 (3,297) (735)
Proceeds from notes payable 129,662 102,043 0
Repayment of notes payable (136,148) (84,447) 0
Proceeds from the exercise of stock options and employee share purchases 1,935 1,882 1,628
Payment of withholding taxes on stock-based awards (2,915) (9,404) (1,629)
Payment of cash dividends on preferred stock (305) (1,732) (2,436)
Payment of common share issuance costs 0 (191) 0
Payment of preferred stock issuance costs 0 0 (756)
Net cash provided by (used in) financing activities of continuing operations (31,091) (48,337) 96,534
Net cash used in financing activities of discontinued operations 0 (2,464) (49,833)
Net cash provided by (used in) financing activities (31,091) (50,801) 46,701
Increase in cash, cash equivalents and restricted cash in the period 258 8,075 452
Cash, cash equivalents and restricted cash, beginning of the year 8,754 679 227
Cash, cash equivalents and restricted cash, end of the year $ 9,012 $ 8,754 $ 679