XML 17 R7.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 26, 2024
Sep. 28, 2023
OPERATING ACTIVITIES:    
Net earnings (loss) $ (8,773) $ 16,234
Adjustments to reconcile net loss to net cash used in operating activities:    
Losses on investments in joint ventures 446 127
Distribution from joint venture 0 200
(Gain) loss on disposition of property, equipment and other assets 95 1,019
Impairment charges 472 684
Debt conversion expense 15,318 0
Depreciation and amortization 49,988 51,028
Amortization of debt issuance costs 918 1,109
Share-based compensation 7,157 5,000
Deferred income taxes 2,496 6,586
Other long-term obligations 1,293 904
Contribution of the Company’s stock to savings and profit-sharing plan 0 1,259
Changes in operating assets and liabilities:    
Accounts receivable (3,851) 59
Other assets (175) (3,043)
Operating leases (541) (663)
Accounts payable (2,934) (4,389)
Income taxes 1,060 (241)
Taxes other than income taxes (855) 1,061
Accrued compensation (5,212) (6,195)
Other accrued liabilities (5,528) (2,097)
Total adjustments 60,147 52,408
Net cash provided by operating activities 51,374 68,642
INVESTING ACTIVITIES:    
Capital expenditures (53,770) (25,836)
Proceeds from disposals of property, equipment and other assets 151 67
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) (839)
Other investing activities 453 (291)
Net cash used in investing activities (58,397) (26,882)
Debt transactions:    
Proceeds from borrowings on revolving credit facility 81,000 38,000
Repayment of borrowings on revolving credit facility (81,000) (38,000)
Proceeds from issuance of long-term debt 100,000 0
Principal payments on long-term debt (11,024) (11,097)
Repayment of borrowing on insurance policy 0 (6,700)
Repurchase of convertible senior notes (102,525) 0
Proceeds from capped call unwind 13,230 0
Debt issuance costs (1,083) (82)
Principal payments on finance lease obligations (1,842) (1,904)
Equity transactions:    
Treasury stock transactions, except for stock options (9,911) (526)
Exercise of stock options 0 222
Dividends paid (6,615) (5,273)
Distributions to noncontrolling interest 0 (824)
Net cash used in financing activities (19,770) (26,184)
Net increase (decrease) in cash, cash equivalents and restricted cash (26,793) 15,576
Cash, cash equivalents and restricted cash at beginning of period 59,838 24,506
Cash, cash equivalents and restricted cash at end of period 33,045 40,082
Supplemental Information:    
Interest paid, net of amounts capitalized 8,630 9,542
Income taxes paid, including interest earned (201) (788)
Change in accounts payable for additions to property, equipment and other assets $ 4,834 $ 1,550