XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Operating Activities    
Net (loss) income $ (9,458) $ 15,348
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation and amortization 11,143 11,137
Stock-based compensation 2,415 2,152
Excess and obsolescence inventory reserve 40 (467)
Inventory and other asset write-off 17,002
Loss on disposal of assets 185
Deferred income taxes (2,440) (2,751)
Changes in operating assets and liabilities:    
Trade receivables 5,340 3,745
Inventories 10,247 6,945
Trade accounts payable and accrued expenses (3,194) (2,770)
Contract liabilities with customers 91 (149)
Employee compensation and benefits (1,123) (8,469)
Product liability 355 (305)
Prepaid expenses, other assets and other liabilities (4,726) 1,669
Cash provided by operating activities 25,877 26,085
Investing Activities    
Property, plant and equipment additions (6,746) (10,414)
Purchases of short-term investments (63,793) (76,409)
Proceeds from maturities of short-term investments 81,165 80,404
Cash provided by (used for) investing activities 10,626 (6,419)
Financing Activities    
Remittance of taxes withheld from employees related to share-based compensation (178) (624)
Repurchase of common stock (16,148) (20,276)
Dividends paid (6,933) (6,787)
Cash used for financing activities (23,259) (27,687)
Increase (decrease) in cash and cash equivalents 13,244 (8,021)
Cash and cash equivalents at beginning of period 10,028 15,174
Cash and cash equivalents at end of period $ 23,272 $ 7,153