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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
shares in Thousands, $ in Thousands
6 Months Ended
Jun. 28, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ (20,621) $ 6,648
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 6,311 6,089
Lease-related asset impairment and other charges 9,000 0
Stock-based compensation 13,877 13,483
Foreign currency remeasurement 2,469 991
Deferred income taxes, net (8,897) 1,321
Provision for excess and obsolete inventories 2,152 3,383
Other adjustments 354 1,292
Changes in operating assets and liabilities:    
Accounts receivable, net 20,765 (10,392)
Inventories (3,929) 6,894
Other assets (6,761) 2,060
Accounts payable (8,680) (30,527)
Deferred revenues 6,179 1,223
Other liabilities (7,553) (12,717)
Net cash provided by (used in) operating activities 4,666 (10,252)
Cash flows from investing activities:    
Purchases of property and equipment (3,856) (3,833)
Net cash used in investing activities (3,856) (3,833)
Cash flows from financing activities:    
Proceeds from long-term debt 115,000 0
Repayment of convertible debt (115,500) 0
Payments for debt issuance costs (332) 0
Repurchase of common stock (30,047) 0
Proceeds from other borrowings 0 3,829
Repayment of other borrowings (1,334) (4,721)
Proceeds from common stock issued to employees 3,542 3,084
Taxes paid related to net share settlement of equity awards (6,252) (7,643)
Net cash used in financing activities (34,923) (5,451)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (1,391) 981
Net decrease in cash and cash equivalents and restricted cash (35,504) (18,555)
Cash and cash equivalents and restricted cash at beginning of period 84,269 89,586
Cash and cash equivalents and restricted cash at end of period 48,765 71,031
Cash and cash equivalents and restricted cash at end of period    
Cash and cash equivalents 45,850 71,031
Restricted cash included in prepaid expenses and other current assets 2,827 0
Restricted cash included in other non-current assets 88 0
Total cash, cash equivalents and restricted cash as shown in the condensed consolidated statement of cash flows 48,765 71,031
Supplemental cash flow disclosure:    
Net cash paid for income taxes 11,407 5,008
Cash paid for interest 1,895 1,015
Supplemental schedule of non-cash investing activities:    
Capital expenditures incurred but not yet paid $ 282 $ 1,189
Supplemental schedule of non-cash financing activities:    
Shares of common stock issued upon redemption of the 2024 Notes (in shares) 4,578 0