v3.26.1
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 05, 2026
Jun. 29, 2025
OPERATING ACTIVITIES:    
Net income $ 75,018 $ 45,563
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 19,796 19,230
Share-based compensation expense 9,639 6,917
Deferred income taxes 890 254
Amortization of acquired intangible assets 0 2,606
Other (4,123) 1,111
Working capital changes:    
Accounts receivable (36,530) (14,739)
Inventories (19,327) (12,101)
Prepaid expenses and other current assets (8,772) (4,408)
Accounts payable and accrued expenses 15,297 (2,566)
Cash provided by operating activities 51,888 41,867
INVESTING ACTIVITIES:    
Capital expenditures (22,527) (14,821)
Cash used in investing activities (22,527) (14,821)
FINANCING ACTIVITIES:    
Borrowings of long-term debt 92,763 1,306
Repayments of long-term debt (70,283) (253)
Repurchases of common stock (20,795) (4,286)
Tax withholding payments for share-based compensation (13,990) (7,736)
Dividends paid (3,621) (1,227)
Finance lease payments (1,922) (1,544)
Cash used in financing activities (17,848) (13,740)
Net cash provided by operating, investing and financing activities 11,513 13,306
Effect of exchange rate changes on cash (1,308) 9,169
CASH AND CASH EQUIVALENTS:    
Net increase 10,205 22,475
Balance, beginning of period 71,323 99,226
Balance, end of period $ 81,528 $ 121,701