v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED - USD ($)
$ in Thousands
 3 Months Ended
Apr. 04, 2026
Apr. 05, 2025
Operating Activities:    
Net income (loss) $ (677) $ (17,850)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, amortization and accretion 1,792 3,441
Non-cash lease expense 13,869 14,975
Stock-based compensation 684 593
Decrease in allowance for returns and markdowns (5,793) (4,538)
Other non-cash items 1,808 (485)
Changes in operating assets and liabilities:    
Accounts receivable 27,700 40,505
Inventories (5,576) (328)
Prepaid expenses and other current assets (7,517) (6,709)
Accounts payable (788) (41,123)
Accrued expenses (32,909) (30,462)
Income taxes 1,598 1,006
Operating lease liabilities (15,955) (19,381)
Net cash used in operating activities (21,764) (60,356)
Investing Activities:    
Additions to property, plant and equipment (949) (285)
Decrease in intangible and other assets 290 987
Net cash (used in) provided by investing activities (659) 702
Financing Activities:    
Acquisition of common stock 0 (3)
Distribution of noncontrolling interest earnings 0 (3,920)
Debt borrowings 28,158 39,338
Debt payments (12,742) (25,176)
Debt issuance costs (7,411) 0
Net cash provided by financing activities 8,005 10,239
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (857) 4,087
Net decrease in cash, cash equivalents, and restricted cash (15,275) (45,328)
Cash, cash equivalents, and restricted cash:    
Beginning of period 99,426 126,592
End of period $ 84,151 $ 81,264