XML 22 R8.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Dec. 30, 2023
Operating activities:      
Net loss $ (39,122) $ (34,404)  
Adjustments to reconcile net loss to net cash from operating activities:      
Depreciation 17,674 17,360  
Amortization of acquisition intangibles 4,103 4,186  
Other amortization 3,299 2,805  
Loss on extinguishment of debt 0 8,466  
Gain on classification of assets held for sale 0 (2,139)  
Amortization of debt issuance costs and debt discount 2,544 1,973  
Other (2,381) 5,202  
Changes in assets and liabilities:      
Accounts receivable (3,294) 51,643  
Inventories (59,379) 7,861  
Other assets (7,554) (10,761)  
Accounts payable 103,065 43,171  
Accrued pension and postretirement benefits 181 1,479  
Accrued liabilities and other 7,035 (52,305)  
Net cash from operating activities 26,171 44,537  
Investing activities:      
Capital expenditures (20,257) (24,244)  
Other 28 18,944  
Net cash from investing activities (20,229) (5,300)  
Financing activities:      
Borrowings on Term Loan Facilities 0 891,000  
Repayments on Term Loan Facilities (14,750) (6,250)  
Borrowings on Accounts Receivable Securitization Facility 513,500 588,000  
Repayments on Accounts Receivable Securitization Facility (502,000) (631,500)  
Borrowings on Revolving Loan Facilities 316,000 421,500  
Repayments on Revolving Loan Facilities (316,000) (461,000)  
Borrowings on Senior Notes 0 600,000  
Repayments on Senior Notes 0 (1,436,884)  
Payments to amend and refinance credit facilities (178) (27,371)  
Other (4,031) (1,675)  
Net cash from financing activities (7,459) (64,180)  
Effect of changes in foreign exchange rates on cash (12,768) (261)  
Change in cash and cash equivalents (14,285) (25,204)  
Cash and cash equivalents at beginning of year 205,501 238,413 $ 238,413
Cash and cash equivalents at end of period 191,216 213,209  
Supplemental Cash Flow Information:      
Capital expenditures incurred but not yet paid 3,511   $ 18,550
Right-of-use assets obtained in exchange for lease obligations $ 10,261 $ 71,776