v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Cash Flows from Operating Activities:    
Net income $ 131,322 $ 116,214
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 27,907 27,762
Provision for doubtful accounts 140 654
Provision for deferred income taxes (100) (75)
Provision for stock-based compensation 9,526 8,137
Gain on sale of investment (2,208) 0
Changes in assets and liabilities:    
Accounts receivable (75,170) 41,185
Inventories 150,488 (89,695)
Prepaids and other current assets (24,416) (2,911)
Other assets (2,074) (4,871)
Accounts payable (19,899) (10,649)
Accrued customer rebates and returns (11,849) (1,203)
Accrued compensation and other liabilities 12,714 (24,763)
Cash provided by operating activities 196,381 59,785
Cash Flows from Investing Activities:    
Property, plant, and equipment additions (17,525) (19,435)
Proceeds from sale of investment 7,208 0
Cash used in investing activities (10,317) (19,435)
Cash Flows from Financing Activities:    
Proceeds from issuance of senior notes 450,000 0
Payments of long-term debt (440,625) (6,250)
Proceeds from revolving credit line 15,000 0
Payments of revolving credit line (15,000) (13,960)
Payment of debt issuance costs (9,713) 0
Proceeds from exercise of stock options 627 729
Purchase and cancellation of common stock (97,412) (15,561)
Other stock-related activity (6,352) (5,804)
Cash used in financing activities (103,475) (40,846)
Effect of exchange rate changes on Cash and Cash Equivalents (43) 204
Net Increase (Decrease) in Cash and Cash Equivalents 82,546 (292)
Cash and Cash Equivalents, Beginning of Period 49,436 57,137
Cash and Cash Equivalents, End of Period 131,982 56,845
Supplemental Cash Flow Information    
Cash paid for interest expense 10,685 11,513
Cash paid for income taxes $ 29,502 $ 42,714