v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands, € in Millions
 6 Months Ended
Jul. 03, 2026
USD ($)
Jun. 27, 2025
USD ($)
Cash flows from operating activities:    
Net income $ 33,640 $ 25,705
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 28,808 29,144
Provision for inventory excess and obsolescence 1,674 1,690
Share-based compensation 19,632 14,598
Deferred income taxes (5,472) (5,174)
Write-off of unamortized deferred financing costs   426
Loss (gain) on disposal of fixed assets (188) (4,089)
Other 2,283 651
Changes in assets and liabilities which (used)/provided cash, excluding effects from business acquisitions:    
Accounts receivable 4,246 (2,251)
Inventories (7,437) (14,257)
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets (4,456) 3,104
Accounts payable, income taxes payable, accrued expenses and other current liabilities 35,260 (3,479)
Other non-current assets and liabilities 8,550 688
Net cash provided by operating activities 116,540 46,756
Cash flows from investing activities:    
Cash paid for business acquisitions, net of working capital adjustments   (63,173)
Purchases of property, plant and equipment (11,605) (7,672)
Proceeds from sale of property, plant and equipment 345 5,537
Net cash used in investing activities (11,260) (65,308)
Cash flows from financing activities:    
Borrowings under revolving credit facilities   72,805
Repayments of debt (18,757) (41,017)
Proceeds from issuance of shares in private placement, net of issuance costs 288,454  
Payments of debt issuance costs (2,280) (3,391)
Payments of issuance costs related to tangible equity units (1,293)  
Payments of withholding taxes from share-based awards (12,402) (7,187)
Repurchases of common shares (18,638) (6,157)
Other financing activities (215) (2,952)
Net cash provided by financing activities 230,476 12,101
Effect of exchange rates on cash and cash equivalents 2,023 2,374
Increase (decrease) in cash and cash equivalents 337,779 (4,077)
Cash and cash equivalents, beginning of the period 380,871 113,989
Cash and cash equivalents, end of the period 718,650 109,912
Supplemental disclosure of cash flow information:    
Cash paid for interest 7,383 12,090
Cash paid for income taxes 10,225 15,090
Income tax refunds received 501 $ 299
Keonn Technologies, S.L    
Cash flows from financing activities:    
Payments of contingent consideration related to acquisitions $ (4,393)