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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 03, 2026
Jun. 27, 2025
Cash flows from operating activities:    
Net income $ 40,111 $ 14,522
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 69,549 62,118
Debt related charges included in interest expense 3,263 3,627
Debt conversion inducement expense 0 46,681
Stock-based compensation 12,045 12,536
Non-cash fixed asset impairment 5,893 0
Non-cash lease expense 4,876 5,000
Non-cash (gains) losses on equity investments 1,426 (173)
Contingent consideration fair value adjustment (1,179) (309)
Other non-cash losses 2,077 3,143
Deferred income taxes 18 3,942
Gain on sale of discontinued operations 0 (46)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 7,959 (41,014)
Inventories (36,751) (14,509)
Prepaid expenses and other assets (2,247) 71
Contract assets (6,762) 1,800
Accounts payable 5,591 11,561
Accrued expenses and other liabilities (11,761) (23,312)
Income taxes (9,678) (10,500)
Net cash provided by operating activities 84,430 75,138
Cash flows from investing activities:    
Acquisition of property, plant and equipment (46,651) (44,219)
Purchase of equity and other investments, net of distributions (14,043) 0
Acquisitions, net of cash acquired 0 (170,872)
Other investing activities 108 97
Net cash used in investing activities (60,586) (214,994)
Cash flows from financing activities:    
Principal payments of long-term debt 0 (657,693)
Proceeds from issuance of convertible notes, net of discount 0 977,500
Proceeds from revolving credit facility 207,600 257,000
Payments of revolving credit facility (157,600) (373,000)
Purchase of capped calls 0 (71,000)
Payment of debt issuance costs (38) (1,266)
Repurchases of common stock (50,000) 0
Proceeds from the exercise of stock options 0 3,644
Tax withholdings related to net share settlements of restricted stock unit awards (10,299) (16,707)
Principal payments on finance leases (4,256) (2,596)
Other financing activities (5,162) 107
Net cash provided by (used in) financing activities (19,755) 115,989
Effect of foreign currency exchange rates on cash and cash equivalents 125 459
Net increase (decrease) in cash and cash equivalents 4,214 (23,408)
Cash and cash equivalents, beginning of period 17,161 46,543
Cash and cash equivalents, end of period $ 21,375 $ 23,135