v3.25.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities:    
Net loss $ (8,937) $ (36,301)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 33,554 34,552
Amortization of operating lease right-of-use assets 9,937 9,480
Amortization of deferred debt financing costs and bond discount 3,155 3,208
Deferred income taxes (18,503) (15,158)
Impairment of goodwill   70,580
Impairment of property, plant and equipment 2,994  
Loss on sales of assets and property, plant and equipment 13,549 258
Gain on extinguishment of debt (2,073)  
Share-based compensation expense 6,554 4,395
Changes in assets and liabilities:    
Trade accounts receivable 32,385 468
Inventories (25,991) 3,136
Prepaid expenses and other current assets 3,757 (787)
Income tax receivable/payable, net 9,459 (4,001)
Other assets (1,624) (2,646)
Trade accounts payable 37,625 4,472
Accrued expenses (24,407) (26,326)
Other liabilities (866) 1,080
Net cash provided by operating activities 70,568 46,410
Cash flows from investing activities:    
Capital expenditures (16,756) (13,747)
Proceeds from sales of assets and property, plant and equipment 10,811 (422)
Net cash used in investing activities (5,945) (14,169)
Cash flows from financing activities:    
Redemptions and repurchases of senior notes (18,617) (21,315)
Repayments of borrowings under term loan facility (2,250) (685)
Repayments of borrowings under revolving credit facility (75,000) (60,000)
Borrowings under revolving credit facility 65,000 80,000
Dividends paid (30,199) (29,958)
Payments of tax withholding on behalf of employees for net share settlement of share-based compensation (737) (615)
Net cash used in financing activities (61,803) (32,573)
Effect of exchange rate fluctuations on cash and cash equivalents 681 (439)
Net increase (decrease) in cash and cash equivalents 3,501 (771)
Cash and cash equivalents at beginning of period 50,583 41,094
Cash and cash equivalents at end of period 54,084 40,323
Supplemental disclosures of cash flow information:    
Cash interest payments 72,977 71,254
Cash income tax payments 5,052 10,044
Non-cash investing and financing transactions:    
Dividends declared and not yet paid 15,203 15,041
Accruals related to purchases of property, plant and equipment 1,938 1,798
Right-of-use assets obtained in exchange for new operating lease liabilities $ 914 $ 2,709