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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net (loss) income $ (15,669) $ 9,901
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 50,379 55,196
Stock-based compensation 9,541 10,872
Net loss on disposals and impairments of assets 2,457 464
Deferred income taxes (7,014) (13,433)
Changes in operating assets and liabilities:    
Accounts receivable 9,833 7,374
Inventories 22,394 (2,190)
Income taxes 1,708 3,571
Prepaid expenses and other assets (8,012) (5,903)
Accounts payable 4,980 5,199
Customer prepayments (5,629) (27,279)
Accrued compensation and benefits 788 (6,923)
Other taxes and withholding (1,157) 5
Other accruals and liabilities (13,775) (5,038)
Net cash provided by operating activities 50,824 31,816
Cash flows from investing activities:    
Purchases of property and equipment (17,218) (48,022)
Issuance of note receivable (2,942) (1,317)
Proceeds from sales of property and equipment 156 10
Net cash used in investing activities (20,004) (49,329)
Cash flows from financing activities:    
Net (decrease) increase in short-term borrowings (31,039) 20,334
Repurchases of common stock (728) (3,711)
Proceeds from issuance of common stock 0 428
Debt issuance costs 0 (424)
Net cash (used in) provided by financing activities (31,767) 16,627
Net decrease in cash and cash equivalents (947) (886)
Cash and cash equivalents, at beginning of period 2,539 1,792
Cash and cash equivalents, at end of period $ 1,592 $ 906