v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Apr. 03, 2026
Mar. 28, 2025
Cash flows from operating activities:    
Net income $ 21,099 $ 21,208
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,160 13,563
Provision for inventory excess and obsolescence 710 757
Share-based compensation 9,796 7,100
Deferred income taxes (2,877) (2,393)
Loss (gain) on disposal of fixed assets (248) (4,367)
Other 1,039 393
Changes in assets and liabilities which (used)/provided cash, excluding effects from business acquisitions:    
Accounts receivable 9,703 (12,188)
Inventories (6,827) (61)
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets (2,443) 6,098
Accounts payable, income taxes payable, accrued expenses and other current liabilities 13,344 1,685
Other non-current assets and liabilities (5,850) (111)
Net cash provided by operating activities 51,606 31,684
Cash flows from investing activities:    
Purchases of property, plant and equipment (4,138) (4,284)
Proceeds from sale of property, plant and equipment 345 5,537
Net cash (used in) provided by investing activities (3,793) 1,253
Cash flows from financing activities:    
Repayments of debt (8,800) (29,719)
Payments of issuance costs related to tangible equity units (1,293)  
Payments of withholding taxes from share-based awards (6,982) (6,669)
Repurchases of common shares (18,638) (6,157)
Payments of contingent consideration related to acquisitions (4,393) 0
Other financing activities (16) (186)
Net cash used in financing activities (40,122) (42,731)
Effect of exchange rates on cash and cash equivalents 237 1,850
Increase (decrease) in cash and cash equivalents 7,928 (7,944)
Cash and cash equivalents, beginning of the period 380,871 113,989
Cash and cash equivalents, end of the period 388,799 106,045
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,501 5,643
Cash paid for income taxes 4,486 5,296
Income tax refunds received $ 138 $ 105