v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 26, 2026
Sep. 27, 2025
Cash flows from operating activities:    
Net income $ 22,679 $ 38,707
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 112,990 105,280
Deferred income taxes (4,056) 9,791
Deferred financing and original issue discount amortization 1,397 3,767
Stock-based compensation expense 11,727 10,739
Loss on debt restructuring, net of third party fees paid 1,488 0
Gain on acquisition, net of deferred taxes (5,214) 0
Gain on disposal of property and equipment 112 (135)
Change in fair value of contingent consideration (489) (500)
Changes in operating items:    
Accounts receivable, net (38,772) (34,721)
Inventories, net 62,269 (53,925)
Other assets (12,183) (19,691)
Accounts payable 3,563 22,575
Accrued salaries and wages (19,648) (1,217)
Other accrued expenses 2,484 (6,381)
Net cash provided by operating activities 138,347 74,289
Cash flows from investing activities:    
Acquisition of business, net of cash received (314,503) 0
Capital expenditures (51,390) (55,347)
Other investing activities (145) (154)
Net cash used for investing activities (366,038) (55,501)
Cash flows from financing activities:    
Repayments of senior term loans (636,960) (6,384)
Borrowings on senior term loans 935,000 0
Financing fees 3,751 0
Borrowings on revolving credit loans 203,645 109,000
Repayments of revolving credit loans (230,617) (122,000)
Principal payments under finance lease obligations (4,963) (4,156)
Proceeds from exercise of stock options 2,392 1,177
Repurchases of common stock (28,351) (3,165)
Payments of contingent consideration (207) (199)
Other financing activities (587) 142
Net cash provided by (used for) financing activities 235,601 (25,585)
Effect of exchange rate changes on cash (108) 18
Net increase (decrease) in cash and cash equivalents 7,802 (6,779)
Cash and cash equivalents at beginning of period 27,276 44,510
Cash and cash equivalents at end of period 35,078 37,731
Supplemental disclosure of cash flow information:    
Interest paid 38,304 39,928
Income taxes paid 12,345 9,859
Capital expenditures in accounts payable $ 1,419 $ 644