v3.26.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 03, 2026
Sep. 27, 2025
Operating activities    
Net income $ 32,956 $ 51,126
Adjustments to reconcile net income to net cash provided by operating activities net of assets/liabilities acquired:    
Depreciation and amortization 68,844 57,870
Other 3,676 67
Changes in operating assets and liabilities, net of assets acquired:    
Accounts receivable (70,275) (19,747)
Accounts payable and accrued expenses (3,439) 1,379
Self-insurance accruals (20,025) 157
Prepaid expenses (12,170) (8,086)
Mitigation bank credit inventory 2,986 (665)
Refundable income taxes 4,472 (451)
Other, net 5,650 (7,178)
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities, Total (20,281) 23,346
Net cash provided by operating activities 12,675 74,472
Capital expenditures:    
Equipment (86,776) (64,102)
Land and buildings 9,983 27,536
Purchases of businesses, net of cash acquired and debt incurred (12,430) (6,077)
Proceeds from sales of property and equipment 3,667 6,279
Purchases of marketable securities (49,443) (37,283)
Proceeds from sale of marketable securities 43,024 37,925
Net cash used in investing activities (111,941) (90,794)
Financing activities    
Revolving credit facility borrowings 668,656 507,213
Revolving credit facility payments (489,717) (598,114)
Purchase of common shares for treasury (71,484) (60,479)
Sale of common shares from treasury 31,158 36,875
Dividends (3,556) (3,296)
Proceeds from notes payable 46,491 208,333
Payments of notes payable (59,353) (64,147)
Payments of finance leases 10,320 5,803
Net cash provided by financing activities 111,875 20,582
Effect of exchange rate changes on cash (47) 140
Increase in cash 12,562 4,400
Cash, beginning of period 12,397 17,471
Cash, end of period 24,959 21,871
Supplemental cash flow information follows:    
Interest paid 24,968 21,545
Income taxes paid $ 1,976 $ 15,129