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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2024
Jun. 29, 2023
OPERATING ACTIVITIES:    
Net earnings (loss) $ (32,087) $ 4,000
Adjustments to reconcile net loss to net cash used in operating activities:    
Losses on investments in joint ventures 437 202
(Gain) loss on disposition of property, equipment and other assets (20) 777
Impairment charges 472 0
Debt conversion expense 13,908 0
Depreciation and amortization 32,714 31,870
Amortization of debt issuance costs 708 742
Share-based compensation 4,932 3,687
Deferred income taxes (2,077) 780
Other long-term obligations 555 176
Contribution of the Company’s stock to savings and profit-sharing plan 0 1,259
Changes in operating assets and liabilities:    
Accounts receivable (747) 895
Other assets 1,093 (1,796)
Operating leases (314) (522)
Accounts payable 5,704 6,341
Income taxes 240 94
Taxes other than income taxes 50 1,670
Accrued compensation (3,424) (3,634)
Other accrued liabilities (1,267) 785
Total adjustments 52,964 43,326
Net cash provided by operating activities 20,877 47,326
INVESTING ACTIVITIES:    
Capital expenditures (35,283) (15,896)
Proceeds from disposals of property, equipment and other assets 71 46
Capital contribution in joint venture (5,620) 0
Subscription and sale of joint venture interests 1,500 0
Proceeds from sale of trading securities 37 17
Purchase of trading securities (1,148) (514)
Other investing activities (197) (295)
Net cash used in investing activities (40,640) (16,642)
Debt transactions:    
Proceeds from borrowings on revolving credit facility 81,000 38,000
Repayment of borrowings on revolving credit facility (36,000) (38,000)
Principal payments on long-term debt (681) (763)
Repurchase of convertible senior notes (46,481) 0
Proceeds from capped call unwind 5,770 0
Debt issuance costs 0 (50)
Principal payments on finance lease obligations (1,214) (1,201)
Equity transactions:    
Treasury stock transactions, except for stock options (265) (494)
Exercise of stock options 0 93
Dividends paid (4,419) (3,097)
Distributions to noncontrolling interest 0 (824)
Net cash used in financing activities (2,290) (6,336)
Net increase (decrease) in cash, cash equivalents and restricted cash (22,053) 24,348
Cash, cash equivalents and restricted cash at beginning of period 59,838 24,506
Cash, cash equivalents and restricted cash at end of period 37,785 48,854
Supplemental Information:    
Interest paid, net of amounts capitalized 5,643 4,622
Income taxes paid, including interest earned 188 386
Change in accounts payable for additions to property, equipment and other assets $ 4,716 $ 2,096