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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Cash flows provided by operating activities:    
Net income $ 78,375 $ 51,550
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 32,584 26,089
Impairment of assets 2,355 243
Loss on disposal of property, plant and equipment 39 104
Change in ROU assets 3,649 1,789
Credit loss expense 375 (1)
Stock-based compensation expense 7,103 5,810
Deferred income taxes 12,407 6,283
Changes in operating assets and liabilities:    
Accounts receivable (45,326) (35,346)
Inventories (12,795) (14,942)
Prepaid expenses, income tax receivable and other current assets (4,784) (6,855)
Other assets (10,231) (4,107)
Accounts payable 19,560 26,320
Accrued expenses and other current liabilities 20,803 (101)
Change in operating lease liability (80) (1,391)
Other liabilities (23) 85
Net cash provided by operating activities 104,011 55,530
Cash flows used in investing activities:    
Purchases of property, plant and equipment (60,072) (44,578)
Proceeds from disposal of property, plant and equipment 45 179
Investment in Dogfish Head, net of cash acquired 0 (158,402)
Other investing activities 260 (188)
Net cash used in investing activities (59,767) (202,989)
Cash flows provided by financing activities:    
Proceeds from exercise of stock options and sale of investment shares 8,010 4,692
Net cash paid on note payable and finance leases (649) (115)
Cash borrowed on line of credit 100,000 86,000
Cash paid on line of credit (100,000) (48,500)
Payment of tax withholdings on stock-based payment awards and investment shares (1,559)  
Net cash provided by (used in) financing activities 5,802 42,077
Change in cash and cash equivalents 50,046 (105,382)
Cash and cash equivalents at beginning of year 36,670 108,399
Cash and cash equivalents at end of period 86,716 3,017
Supplemental disclosure of cash flow information:    
Income taxes paid 2,929 207
Cash paid for amounts included in measurement of lease liabilities    
Operating cash flows from operating leases 4,532 1,916
Operating cash flows from finance leases 75 52
Financing cash flows from finance leases 581 7
Right-of-use assets obtained in exchange for operating lease obligations 11,311 38,524
Right-of-use assets obtained in exchange for finance lease obligations 3,856 2,837
Change in purchase of property, plant and equipment in accounts payable and accrued expenses $ 4,920 $ 1,484