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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 25, 2022
Cash flows from operating activities:    
Net income $ 1,401 $ 1,385
Adjustments to reconcile net income to net cash (used in ) provided by operating activities:    
Depreciation and amortization 7,011 5,889
Amortization of intangible assets 4,697 3,356
Provision (benefit) for allowance for doubtful accounts 1,849 (178)
Non-cash operating lease expense 585 802
Provision for deferred income taxes 123 504
Amortization of deferred financing fees 967 539
Stock compensation 5,334 3,043
Change in fair value of contingent earn-out liabilities 372 299
Loss on asset disposal 57 17
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 9,860 10,084
Inventories (20,075) (4,391)
Prepaid expenses and other current assets 1,612 (1,080)
Accounts payable, accrued liabilities and accrued compensation (15,044) (9,830)
Other assets and liabilities (1,010) (156)
Net cash (used in) provided by operating activities (2,261) 10,283
Cash flows from investing activities:    
Capital expenditures (8,696) (14,206)
Cash paid for acquisitions, net of cash acquired (50,937) (28,000)
Net cash used in investing activities (59,633) (42,206)
Cash flows from financing activities:    
Payment of debt, finance lease and other financing obligations (3,378) (1,405)
Payment of deferred financing fees 0 (406)
Surrender of shares to pay withholding taxes (1,763) (2,040)
Net cash used in financing activities (5,141) (3,851)
Effect of foreign currency on cash and cash equivalents (23) 58
Net change in cash and cash equivalents (67,058) (35,716)
Cash and cash equivalents-beginning of period 158,800 115,155
Cash and cash equivalents-end of period $ 91,742 $ 79,439