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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Cash flows from operating activities:    
Net (loss) income $ (7,482) $ 11,465
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,487 18,218
Stock-based compensation 4,117 4,639
Net loss on disposals and impairments of assets 2,500 12
Deferred income taxes (928) (3,252)
Changes in operating assets and liabilities:    
Accounts receivable 5,026 2,717
Inventories 14,529 (2,747)
Income taxes 1,587 8,736
Prepaid expenses and other assets 5,473 (11,056)
Accounts payable (2,765) (574)
Customer prepayments 1,119 (4,639)
Accrued compensation and benefits 30 (593)
Other taxes and withholding (2,060) (711)
Other accruals and liabilities (4,888) (3,634)
Net cash provided by operating activities 33,745 18,581
Cash flows from investing activities:    
Purchases of property and equipment (9,308) (15,556)
Issuance of note receivable (2,942) 0
Net cash used in investing activities (12,250) (15,556)
Cash flows from financing activities:    
Net decrease in short-term borrowings (21,396) (384)
Repurchases of common stock (570) (3,363)
Proceeds from issuance of common stock 0 389
Net cash used in financing activities (21,966) (3,358)
Net decrease in cash and cash equivalents (471) (333)
Cash and cash equivalents, at beginning of period 2,539 1,792
Cash and cash equivalents, at end of period $ 2,068 $ 1,459