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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 01, 2023
Jun. 25, 2022
Cash flows provided by operating activities:    
Net income $ 49,079 $ 51,394
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 43,602 39,909
Impairment of brewery assets 2,016 121
Gain on disposal of property, plant, and equipment (195) (39)
Change in right-of-use assets 3,844 3,990
Stock-based compensation expense 8,266 7,730
Deferred income taxes (1,177) 2,557
Other non-cash (income) expense (88) 54
Changes in operating assets and liabilities:    
Accounts receivable (60,307) (64,469)
Inventories (9,376) (13,014)
Prepaid expenses, income tax receivable, and other current assets 1,041 46,715
Third-party production prepayments 14,512 14,067
Other assets (5,995) 295
Accounts payable 38,872 48,337
Accrued expenses, other current liabilities and other liabilities 21,354 (13,275)
Operating lease liabilities (4,311) (2,866)
Net cash provided by operating activities 101,137 121,506
Cash flows used in investing activities:    
Purchases of property, plant and equipment (34,809) (50,804)
Proceeds from disposal of property, plant and equipment 195 506
Net cash used in investing activities (34,614) (50,298)
Cash flows (used in) provided by financing activities:    
Repurchases of Class A common stock (45,887)  
Proceeds from exercise of stock options and sale of investment shares 9,466 4,610
Cash paid on finance leases (797) (870)
Line of credit borrowings   30,000
Line of credit repayments   (30,000)
Payment of tax withholding on stock-based payment awards and investment shares (2,110) (3,468)
Net cash (used in) provided by financing activities (39,328) 272
Change in cash and cash equivalents and restricted cash 27,195 71,480
Cash and cash equivalents and restricted cash at beginning of year 180,560 66,321
Cash and cash equivalents at end of period 207,755 137,801
Supplemental disclosure of cash flow information:    
Income tax payments / (refunds), net 1,398 (43,621)
Cash paid for amounts included in measurement of lease liabilities    
Operating cash flows from operating leases 5,214 3,895
Operating cash flows from finance leases 57 42
Financing cash flows from finance leases 796 796
Right-of-use-assets obtained in exchange for finance lease obligations 2,824  
Change in purchase of property, plant and equipment in accounts payable and accrued expenses $ 3,693 $ 107