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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities:    
Net income $ 5,022 $ 14,796
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 8,880 9,129
Stock-based compensation expense 20,373 18,494
Change in deferred income tax provision 822 510
Amortization of right-of-use assets 1,909 1,865
Other non-cash adjustments 103 67
Changes in assets and liabilities:    
Accounts receivable, net (3,485) 5,433
Inventories, net 8,520 3,442
Prepaid expenses and other assets 13,196 (3,598)
Accounts payable (4,494) (1,418)
Accrued liabilities (15,085) (6,657)
Accrued payroll obligations (1,801) (10,422)
Operating lease liabilities, current and long-term portions (2,068) (2,130)
Net cash provided by (used in) operating activities 31,892 29,511
Cash flows from investing activities:    
Capital expenditures (8,616) (3,426)
Cash paid for software and intellectual property licenses (3,462) (4,321)
Net cash provided by (used in) investing activities (12,078) (7,747)
Cash flows from financing activities:    
Restricted stock unit tax withholdings (6,011) (22,719)
Proceeds from issuance of common stock 2,232 545
Repurchase of common stock (25,000) (20,000)
Net cash provided by (used in) financing activities (28,779) (42,174)
Effect of exchange rate change on cash 238 (441)
Net increase (decrease) in cash and cash equivalents (8,727) (20,851)
Beginning cash and cash equivalents 136,291 128,317
Ending cash and cash equivalents 127,564 107,466
Supplemental disclosure of cash flow information and non-cash investing and financing activities:    
Income taxes paid, net of refunds 1,440 1,249
Operating lease payments 2,403 2,099
Accrued purchases of plant and equipment 1,322 3,361
Operating lease right-of-use assets obtained in exchange for lease obligations $ 8,611 $ 4,684