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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Cash flows from operating activities:    
Net (loss) income $ (12,533) $ 12,219
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 34,177 36,749
Stock-based compensation 8,109 9,890
Net loss on disposals and impairments of assets 2,500 181
Deferred income taxes (5,144) (8,272)
Changes in operating assets and liabilities:    
Accounts receivable 6,587 1,903
Inventories 19,588 (7,412)
Income taxes 774 1,808
Prepaid expenses and other assets (1,483) (5,824)
Accounts payable (18,464) (10,244)
Customer prepayments (4,625) (14,683)
Accrued compensation and benefits 7,153 7,594
Other taxes and withholding (1,345) (2,074)
Other accruals and liabilities (11,776) (3,115)
Net cash provided by operating activities 23,518 18,720
Cash flows from investing activities:    
Purchases of property and equipment (14,075) (29,899)
Issuance of note receivable (2,942) (435)
Net cash used in investing activities (17,017) (30,334)
Cash flows from financing activities:    
Net (decrease) increase in short-term borrowings (6,408) 14,693
Repurchases of common stock (612) (3,501)
Proceeds from issuance of common stock 0 428
Net cash (used in) provided by financing activities (7,020) 11,620
Net (decrease) increase in cash and cash equivalents (519) 6
Cash and cash equivalents, at beginning of period 2,539 1,792
Cash and cash equivalents, at end of period $ 2,020 $ 1,798