v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income $ (16,671) $ 14,757
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 16,222 14,945
Deferred debt issuance cost amortization 73 91
Amortization of operating lease ROU asset 3,278 2,933
Impairment of long-lived assets 0 2,924
Provision for legal settlement 48,803 0
Stock based compensation expense 2,967 1,766
(Gain) loss on sale of property, equipment and lease terminations (2,028) 118
Deferred tax, net 4,361 6,268
Changes in operating assets and liabilities, net of amounts related to acquisitions:    
Trade receivables, net (10,319) 4,721
Inventories (3,057) 5,626
Prepaid expenses and other current assets (13,590) 833
Other long-term assets 636 (1,182)
Accounts payable 14,025 10,807
Accrued expenses and other current liabilities (13,269) (21,860)
Other operating assets and liabilities, net (11,591) (11,657)
Net cash provided by operating activities 19,840 31,090
Cash flows from investing activities    
Payments on acquisitions, net of cash acquired 0 (17,413)
Capital expenditures (5,827) (7,056)
Proceeds from sale of property and equipment 202 1,003
Net cash used in investing activities (5,625) (23,466)
Cash flows from financing activities    
Deferred debt issuance cost 0 (1,021)
Revolving credit facility borrowings 0 80,450
Revolving credit facility payments 0 (78,850)
Term loan payments 0 (11,429)
Payments on finance leases (2,070) (1,630)
Common stock repurchased and retired (14,130) (626)
Taxes paid related to net share settlement of equity awards (710) (293)
Net cash used in financing activities (16,910) (13,399)
Effect of exchange rate changes (5) 613
Net change in cash and restricted cash (2,700) (5,162)
Cash and restricted cash beginning of period 203,407 73,278
Cash and restricted cash end of period 200,707 68,116
Supplemental cash flow information:    
Cash paid for interest 0 617
Cash paid (received) for income taxes, net of refunds (151) 4,954
Non-cash investing and financing activities:    
Property and equipment purchases in accounts payable 223 341
Operating lease assets obtained in exchange for lease obligations 2,597 6,277
Finance lease assets obtained in exchange for lease obligations $ 672 $ 1,929