v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities:    
Net income $ 22,911 $ 8,560
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 45,499 47,244
Amortization of debt discount and deferred financing costs 674 1,261
Amortization of cloud computing implementation costs 4,636 2,330
Asset impairment 502 3,975
Deferred income tax expense (benefit) (9,800) (5,425)
Stock-based compensation expense 12,335 7,246
(Gains) on change in fair value of derivatives 0 (66)
Inventory adjustments 1,801 2,951
Other (149) 1,218
Changes in operating assets and liabilities:    
Accounts receivable 3,629 24,351
Inventories 2,469 26,000
Operating lease right of use assets and lease liabilities (1,117) (1,722)
Other assets (26,815) 1,248
Accounts payable 11,456 (17,587)
Deferred and unearned revenue 3,609 (6,721)
Other liabilities 14,860 (19,415)
Net cash provided by operating activities 86,500 75,448
Cash flows from investing activities:    
Purchase of property and equipment (32,075) (39,620)
Other (849) 1,577
Net cash used for investing activities (32,924) (38,043)
Cash flows from financing activities:    
Repayments on long-term debt (91,399) (3,750)
Borrowings on long-term debt 15,000 0
Proceeds from issuance of common stock 736 670
Purchase of treasury stock (1,679) (2,775)
Payments on finance lease obligations (1,483) (1,585)
Net cash used for financing activities (78,825) (7,440)
Net change in cash, cash equivalents and restricted cash (25,249) 29,965
Cash, cash equivalents and restricted cash, beginning of year 75,237 151,027
Cash, cash equivalents and restricted cash, end of period (See Note 4) 49,988 180,992
Supplemental cash flow disclosure information:    
Cash paid for interest 10,151 4,196
Cash paid for taxes 16,964 5,084
Capital expenditures accrued at the end of the period 11,952 12,124
Operating cash outflows - operating leases 59,013 55,615
Right of use assets acquired under operating leases $ 27,036 $ 53,664