v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 28, 2026
Jun. 29, 2025
OPERATING ACTIVITIES:    
Net income $ 4,826 $ 13,680
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation 5,174 4,514
Amortization of intangible assets 6,844 6,882
Amortization of deferred loan costs 912 904
Amortization of right of use assets 3,138 2,642
Loss on sale of assets 28,224 0
Fair value adjustments to warrant liability (1,579) (80)
Fair value adjustments to earn-out liability (1,772) (404)
Fair value adjustments to interest rate collar (2,899) 5,243
Equity compensation 3,296 2,903
Change in deferred taxes 146 (1,595)
Provision for inventory reserves 1,297 2,671
Provision for credit losses 540 169
Change in operating assets and liabilities:    
Accounts receivable (2,737) (14,865)
Inventories 13,913 9,152
Prepaids and other assets (11,969) 4,044
Accounts payable (5,988) (359)
Accrued interest 3,288 0
Accrued and other liabilities (400) (2,864)
Net cash provided by operating activities 44,254 32,637
INVESTING ACTIVITIES:    
Capital expenditures (9,640) (7,808)
Acquisition of license agreement (3,570) (13,090)
Business acquisition, net of cash acquired (2,776) 0
Proceeds from the disposal of assets 9,957 0
Net cash used in investing activities (6,029) (20,898)
FINANCING ACTIVITIES:    
Principal payments on long-term debt (1,643) (3,608)
Payments from stock-based award activities (2,486) (850)
Treasury stock purchase, at cost (2,000) 0
Net cash used in financing activities (6,129) (4,458)
Effect of foreign currency rate fluctuations on cash (307) 474
Net change in cash and cash equivalents 31,789 7,755
Cash and cash equivalents:    
Beginning of period 37,231 56,087
End of period 69,020 63,842
Supplemental disclosures of cash flow information:    
Cash paid for interest 20,432 19,525
Cash paid for income taxes 407,000 4,894
Supplemental non-cash investing activity:    
Deferred purchase consideration for business acquisition included in debt 2,114,000 0
Deferred purchase consideration for business acquisition included in accrued liabilities 351,000 0
Deferred consideration receivable for sale of ADS included in accounts receivable, net 2,646 0
Property and equipment additions included in accounts payable    
Supplemental non-cash investing activity:    
Capital expenditures incurred but not yet paid 1,702,000 1,612
Purchase price of license agreement included in accrued liabilities    
Supplemental non-cash investing activity:    
Capital expenditures incurred but not yet paid $ 0 $ 10,710