v3.25.2
Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities:    
Net (loss) income $ (15,326) $ 4,587
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 7 7
Equity in net loss (income) of National Beef Packing Company, LLC 15,553 (4,099)
Changes in assets and liabilities:    
Accounts receivable (355) (209)
Due from affiliates (284) 57
Other assets 194 570
Accounts payable (19) (7)
Due to affiliates 16 (27)
Accrued compensation and benefits (364) (1,109)
Other accrued expenses and liabilities (42) (22)
Net cash used in operating activities (620) (252)
Cash flows from investing activities:    
Investments in certificates of deposit and treasury securities (37,959) (40,000)
Redemptions of certificates of deposit 20,224 20,000
Net cash used in investing activities (17,735) (20,000)
Cash flows from financing activities:    
Member distributions 0 (9,851)
Net cash used in financing activities 0 (9,851)
Net decrease in cash (18,355) (30,103)
Cash and cash equivalents at beginning of period 39,008 58,481
Cash and cash equivalents at end of period $ 20,653 $ 28,378