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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2022
Dec. 24, 2021
Dec. 25, 2020
Cash flows from operating activities:      
Net income (loss) $ 27,750 $ (4,923) $ (82,903)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 24,332 21,998 19,774
Amortization of intangible assets 13,913 12,967 13,502
Provision for allowance for doubtful accounts 6,048 (422) 21,372
Non-cash operating lease expense 1,730 1,402 689
Provision (benefit) for deferred income taxes 9,601 (1,845) (18,418)
Amortization of deferred financing fees 1,290 2,299 3,426
Loss on debt extinguishment 14,287 0 0
Stock compensation 13,602 11,479 9,292
Change in fair value of contingent earn-out liabilities 8,505 (1,296) (11,479)
Intangible asset impairment 0 597 24,200
Loss on asset disposal 17 193 151
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable (48,229) (70,777) 77,590
Inventories (49,931) (60,799) 49,050
Prepaid expenses and other current assets (17,603) (2,183) (18,240)
Accounts payable, accrued liabilities and accrued compensation 19,163 71,519 (46,442)
Other assets and liabilities (1,341) (108) 1,317
Net cash provided by (used in) operating activities 23,134 (19,899) 42,881
Cash flows from investing activities:      
Capital expenditures (45,848) (38,801) (7,036)
Cash paid for acquisitions (186,175) (10,190) (60,932)
Net cash used in investing activities (232,023) (48,991) (67,968)
Cash flows from financing activities:      
Payment of debt, finance lease and other financing obligations (331,073) (37,610) (40,432)
Proceeds from the issuance of common stock, net of issuance costs 0 0 85,941
Proceeds from debt issuance 587,500 51,750 0
Payment of deferred financing fees (19,039) (1,450) (856)
Proceeds from exercise of stock options 69 0 0
Surrender of shares to pay withholding taxes (2,674) (1,829) (3,670)
Cash paid for contingent earn-out liabilities (3,788) (83) (2,927)
Borrowings under asset based loan facility and revolving credit facilities 42,220 0 100,000
Payments under asset based loan facility (20,000) (20,000) (60,000)
Net cash provided by (used in ) financing activities 253,215 (9,222) 78,056
Effect of foreign currency on cash and cash equivalents (681) (14) 79
Net change in cash and cash equivalents 43,645 (78,126) 53,048
Cash and cash equivalents at beginning of year 115,155 193,281 140,233
Cash and cash equivalents at end of year $ 158,800 $ 115,155 $ 193,281