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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Operating activities    
Net earnings $ 4,811 $ 2,879
Net loss from discontinued operations 0 (917)
Earnings from continuing operations 4,811 3,796
Items not affecting cash:    
Depreciation and amortization 9,726 8,576
Amortization of debt issuance costs 249 229
Stock-based compensation 1,543 4,645
Gain on sale of smoothie bowls product line 0 (1,800)
Other (97) (97)
Changes in operating assets and liabilities, net of divestitures 6,049 (7,947)
Net cash provided by operating activities of continuing operations 22,281 7,402
Net cash used in operating activities of discontinued operations 0 (2,133)
Net cash provided by operating activities 22,281 5,269
Investing activities    
Additions to property, plant and equipment (12,735) (7,548)
Addition to intangible assets (2,419) 0
Proceeds from sale of smoothie bowls product line 0 3,336
Net cash used in investing activities of continuing operations (15,154) (4,212)
Net cash provided by investing activities of discontinued operations 0 6,300
Net cash provided by (used in) investing activities (15,154) 2,088
Financing activities    
Increase (decrease) in borrowings under revolving credit facilities (1,437) 250
Repayment of long-term debt (12,115) (4,782)
Borrowings of long-term debt 8,485 0
Proceeds from notes payable 41,750 33,424
Repayment of notes payable (43,088) (34,373)
Proceeds from the exercise of stock options and employee share purchases 368 314
Payment of withholding taxes on stock-based awards (361) (86)
Payment of cash dividends on preferred stock 0 (305)
Net cash used in financing activities of continuing operations (6,398) (5,558)
Increase in cash, cash equivalents and restricted cash in the period 729 1,799
Cash, cash equivalents and restricted cash, beginning of the period 9,012 8,754
Cash, cash equivalents and restricted cash, end of the period $ 9,741 $ 10,553