v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Oct. 03, 2026
Sep. 27, 2025
Cash flows from operating activities:    
Net income $ 155,905 $ 27,578
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation of property, plant, and equipment 36,698 37,797
Amortization of intangible assets 2,825 2,781
Provision for excess and obsolete inventory, net 6,581 3,912
Amortization of debt issuance costs 1,723 1,253
Stock-based compensation expense 10,951 18,667
Unrealized foreign currency exchange loss (gain), net 394 (393)
Provision for credit losses 3,657 6,864
Unrealized gain on investments (1,589) (1,477)
Pension plan settlement 0 8,777
Deferred income taxes expense 4,317 879
Other operating items, net (620) 21
Effect of changes in operating assets and liabilities:    
Accounts receivable (54,436) (48,893)
Finished goods inventories (51,836) (153,621)
Prepaid expenses and other assets (14,448) (25,509)
Accounts payable and other liabilities 1,689 (14,946)
Net cash provided by (used in) operating activities 101,811 (136,310)
Cash flows from investing activities:    
Capital expenditures (29,663) (42,662)
Purchases of short-term investments (75,000) 0
Net cash used in investing activities (104,663) (42,662)
Cash flows from financing activities:    
Dividends paid (27,465) (47,247)
Withholdings from vesting of restricted stock (3,817) (4,489)
Other 0 (370)
Net cash used in financing activities (31,282) (52,106)
Net effect of exchange rate changes on cash and cash equivalents (1,984) 2,342
Net decrease in cash and cash equivalents (36,118) (228,736)
Cash and cash equivalents, beginning of period 487,075 412,926
Cash and cash equivalents, end of period $ 450,957 $ 184,190