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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2021
Dec. 29, 2019
Dec. 30, 2018
OPERATING ACTIVITIES:      
Net income (loss) $ (71,929) $ 79,200 $ 50,253
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 45,920 44,932 39,084
Stock compensation amortization expense (benefit) (502) 8,691 14,496
Loss on disposal of fixed assets 4,996 0 8,569
Enactment of U.S. Tax Cuts and Jobs Act benefit 0 0 (6,739)
Bad debt expense 3,843 1,206 222
Deferred income taxes and other (20,794) (9,497) (11,709)
Amortization of acquired intangible assets 5,457 5,903 5,387
Amortization of acquired inventory step-up 0 0 26,666
Goodwill and intangible asset impairment charge 121,258 0 0
Working capital changes:      
Accounts receivable 40,090 (930) (10,113)
Inventories 38,667 2,573 (18,784)
Prepaid expenses and other current assets 12,967 (9,691) (15,501)
Accounts payable and accrued expenses (60,903) 19,381 9,936
Cash provided by operating activities 119,070 141,768 91,767
INVESTING ACTIVITIES:      
Capital expenditures (62,949) (74,647) (54,857)
Cash paid for business, net of cash acquired 0 0 (400,697)
Other 1,260 425 (131)
Cash used in investing activities (61,689) (74,222) (455,685)
FINANCING ACTIVITIES:      
Revolving loan borrowing 110,000 90,000 17,000
Revolving loan repayments (131,024) (87,664) (64,504)
Term loan borrowing 0 0 462,847
Term loan repayments (304,425) (24,028) (14,162)
Proceeds from issuance of Senior Notes due 2028 300,000 0 0
Repurchase of common stock 0 (25,154) (14,485)
Dividends paid (5,565) (15,358) (15,471)
Tax withholding payments for share-based compensation (1,511) (3,278) (1,187)
Debt issuance costs (7,896) 0 (8,806)
Payments for debt extinguishment costs (660) 0 0
Proceeds from issuance of common stock 93 60 294
Finance lease payments (1,727) (1,255) 0
Cash provided by (used in) financing activities (42,715) (66,677) 361,526
Net cash provided by (used in) operating, investing and financing activities 14,666 869 (2,392)
Effect of exchange rate changes on cash 7,086 (557) (3,656)
CASH AND CASH EQUIVALENTS:      
Net increase (decrease) 21,752 312 (6,048)
Balance, beginning of year 81,301 80,989 87,037
Balance, end of year $ 103,053 $ 81,301 $ 80,989