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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Cash flows used in operating activities:    
Net income (loss) $ 12,597 $ (8,956)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 23,404 21,915
Impairment of brewery assets 335 484
Gain on sale of property, plant, and equipment (23) (195)
Change in right-of-use assets 1,915 1,921
Stock-based compensation expense 7,127 4,073
Deferred income taxes (11) (430)
Other non-cash expense (income) 99 (55)
Changes in operating assets and liabilities:    
Accounts receivable (6,304) (23,372)
Inventories (29,342) (3,002)
Prepaid expenses, income tax receivable, and other assets (4,241) (16,972)
Third-party production prepayments 2,919 6,362
Accounts payable 11,352 15,258
Accrued expenses and other liabilities (22,356) (12,758)
Operating lease liabilities (2,355) (2,095)
Net cash used in operating activities (4,884) (17,822)
Cash flows used in investing activities:    
Cash paid for note receivable (20,000)  
Purchases of property, plant and equipment (15,737) (17,312)
Proceeds from disposal of property, plant and equipment 23 195
Net cash used in investing activities (35,714) (17,117)
Cash flows used in financing activities:    
Repurchases and retirement of Class A common stock (49,967) (21,096)
Proceeds from exercise of stock options and sale of investment shares 479 442
Cash paid on finance leases (557) (414)
Payment of tax withholding on stock-based payment awards and investment shares (2,404) (1,993)
Net cash used in financing activities (52,449) (23,061)
Change in cash and cash equivalents (93,047) (58,000)
Cash and cash equivalents at beginning of period 298,491 180,560
Cash and cash equivalents at end of period 205,444 122,560
Supplemental disclosure of cash flow information:    
Income tax refunds, net of payments 21 1,744
Cash paid for amounts included in measurement of lease liabilities    
Operating cash outflows from operating leases 2,737 2,560
Operating cash outflows from finance leases 286 9
Financing cash outflows from finance leases 337 413
Right-of-use-assets obtained in exchange for finance lease obligations 2,017  
(Decrease) increase in accounts payable and accrued expenses for purchases of property, plant, and equipment $ (1,456) $ 358