v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED - USD ($)
$ in Thousands
 6 Months Ended
Jul. 04, 2026
Jul. 05, 2025
Operating Activities:    
Net income (loss) $ (11,272) $ (19,951)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation, amortization and accretion 4,785 6,412
Non-cash lease expense 27,731 28,656
Stock-based compensation 2,333 1,193
Decrease in allowance for returns and markdowns (7,193) (6,489)
Net gain on disposal of assets (1,067) (12,502)
Gain on sale of subsidiary (752) 0
Property, plant and equipment and other long-lived asset impairment losses 743 79
Other non-cash items 6,383 565
Changes in operating assets and liabilities:    
Accounts receivable 31,690 47,676
Inventories (29,232) 9,132
Prepaid expenses and other current assets 5,762 (959)
Accounts payable (78) (38,543)
Accrued expenses (31,063) (35,412)
Income taxes 1,081 4,479
Operating lease liabilities (30,808) (35,269)
Net cash (used in) provided by operating activities (30,957) (50,933)
Investing Activities:    
Additions to property, plant and equipment (1,818) (1,089)
Decrease in intangible and other assets 715 610
Proceeds from the sale of property, plant and equipment 738 21,416
Net proceeds from the sale of subsidiary 2,321 0
Net cash provided by investing activities 1,956 20,937
Financing Activities:    
Acquisition of common stock (1,067) (132)
Distribution of noncontrolling interest earnings 0 (4,299)
Debt borrowings 36,128 75,816
Debt payments (14,905) (62,676)
Debt issuance costs (7,411) 0
Net cash provided by financing activities 12,745 8,709
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 1,463 8,084
Net decrease in cash, cash equivalents, and restricted cash (14,793) (13,203)
Cash, cash equivalents, and restricted cash:    
Beginning of period 99,426 126,592
End of period $ 84,633 $ 113,389