v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities:      
Net income $ 4,310 $ 7,115 $ 31,828
Adjustments to reconcile net income to net cash (used in) provided by operations:      
Depreciation and amortization 9,790 19,344 19,553
Amortization of debt discount and issuance costs 300 662 660
Insurance recoveries in excess of carrying values of property & equipment (2,400) (2,443) 0
Provision for deferred income taxes   (1,637) (421)
Amortization of deferred gains from real estate   (1,967) (1,968)
Share-based compensation   4,863 3,755
Changes in operating assets and liabilities:      
Accounts receivable   (52,900) (45,127)
Inventories   (35,575) (13,935)
Accounts payable   7,014 20,123
Other current assets   (2,707) (9,612)
Other assets and liabilities   (2,435) (188)
Net cash (used in) provided by operating activities   (60,666) 4,668
Cash flows from investing activities:      
Disbursements for property and equipment   (15,539) (11,901)
Proceeds from asset sales and insurance recoveries   2,605 274
Net cash used in investing activities   (12,934) (11,627)
Cash flows from financing activities:      
Common stock repurchases   (35,386) (14,529)
Repurchase of shares to satisfy employee tax withholdings   (1,770) (2,452)
Principal payments on finance lease liabilities (3,832) (8,101) (6,411)
Net cash used in financing activities   (45,257) (23,392)
Net change in cash and cash equivalents   (118,857) (30,351)
Cash and cash equivalents at beginning of period   505,622 521,743
Cash and cash equivalents at end of period 386,765 386,765 491,392
Supplemental cash flow information:      
Interest paid during the period   23,364 22,266
Net income tax payments   3,549 22,093
Non-cash investing and financing activities:      
Property and equipment acquired under finance leases $ 4,801 32,887 11,150
Property and equipment investments funded through accounts payable, net   823 1,562
Obligation for shares repurchases not yet settled   $ 0 $ 556