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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Cash flows from operating activities:    
Net income $ 42,040 $ 142,605
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 49,342 44,786
Stock-based compensation 8,585 19,701
Net loss (gain) on disposals and impairments of assets 274 (20)
Deferred income taxes (6,955) 291
Changes in operating assets and liabilities:    
Accounts receivable (1,029) (1,517)
Inventories (11,080) (4,767)
Income taxes 4,530 5,615
Prepaid expenses and other assets 20,082 (13,879)
Accounts payable 28,889 51,543
Customer prepayments (34,225) 35,785
Accrued compensation and benefits (23,735) (12,725)
Other taxes and withholding 4,744 7,636
Other accruals and liabilities (1,340) 17,630
Net cash provided by operating activities 80,122 292,684
Cash flows from investing activities:    
Purchases of property and equipment (52,808) (49,370)
Proceeds from sales of property and equipment 49 257
Net cash used in investing activities (52,759) (49,113)
Cash flows from financing activities:    
Repurchases of common stock (64,141) (381,496)
Net increase in short-term borrowings 34,781 132,222
Proceeds from issuance of common stock 998 3,847
Debt issuance costs (42) (557)
Net cash used in financing activities (28,404) (245,984)
Net decrease in cash and cash equivalents (1,041) (2,413)
Cash and cash equivalents, at beginning of period 2,389 4,243
Cash and cash equivalents, at end of period $ 1,348 $ 1,830