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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Dec. 28, 2019
Cash flows from operating activities:      
Net income $ 153,746 $ 139,189 $ 81,845
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 60,394 61,563 61,866
Stock-based compensation 23,214 21,813 16,657
Net loss (gain) on disposals and impairments of assets 37 247 (430)
Deferred income taxes 446 (3,566) (1,014)
Changes in operating assets and liabilities:      
Accounts receivable 6,153 (11,893) 4,817
Inventories (24,282) 5,703 (2,183)
Income taxes (3,066) 1,057 3,066
Prepaid expenses and other assets (13,836) (13,717) (13,959)
Accounts payable 54,405 (16,755) 10,661
Customer prepayments 57,482 37,769 7,182
Accrued compensation and benefits (24,790) 36,825 12,920
Other taxes and withholding 1,814 111 725
Other accruals and liabilities 8,293 21,315 7,007
Net cash provided by operating activities 300,010 279,661 189,160
Cash flows from investing activities:      
Purchases of property and equipment (66,900) (37,100) (59,239)
Proceeds from sales of property and equipment 257 55 2,615
Purchase of intangible assets 0 (1,973) 0
Net cash used in investing activities (66,643) (39,018) (56,624)
Cash flows from financing activities:      
Repurchases of common stock (382,376) (235,644) (165,079)
Net increase (decrease) in short-term borrowings 145,473 (11,639) 26,357
Proceeds from issuance of common stock 4,441 9,602 7,190
Debt issuance costs (2,759) (312) (1,023)
Net cash used in financing activities (235,221) (237,993) (132,555)
Net (decrease) increase in cash and cash equivalents (1,854) 2,650 (19)
Cash and cash equivalents, at beginning of period 4,243 1,593 1,612
Cash and cash equivalents, at end of period 2,389 4,243 1,593
Non-cash financing transactions:      
Change in unsettled repurchases of common stock 0 (493) (9,506)
Supplemental Disclosure of Cash Flow Information      
Income taxes paid, net of refunds 36,305 38,698 17,182
Interest paid 5,438 9,053 10,656
Purchases of property and equipment included in accounts payable $ 13,968 $ 5,015 $ 5,725