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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Statement of Cash Flows [Abstract]    
Net income $ 35,996 $ 67,933
Adjustments to reconcile net income to net cash provided by ( used in) operating activities:    
Depreciation of property, plant, and equipment 14,799 13,282
Amortization of intangible assets 939 932
Recoveries of excess and obsolete inventory, net (1,256) (3,109)
Gain on partial termination of corporate lease (4,366) 0
Other asset impairments and loss on disposal of property, plant and equipment, net of recoveries 2,632 190
Amortization of debt issuance costs 393 787
Stock-based compensation expense 4,343 5,859
Unrealized foreign currency exchange gain, net (240) (189)
Provisions for (recoveries of) doubtful accounts receivable from customers 235 (1,513)
Unrealized (gain) loss on investments (433) 935
Deferred income taxes 5,031 7,759
Effect of changes in operating assets and liabilities:    
Accounts receivable (24,944) (32,484)
Finished goods inventories 134,147 (27,720)
Prepaid expenses and other assets [1],[2] (12,678) (42)
Accounts payable and other liabilities [1],[2] (112,401) (196,427)
Net cash provided by (used in) operating activities 42,197 (163,807)
Cash flows from investing activities:    
Capital expenditures (13,827) (7,652)
Net cash used in investing activities (13,827) (7,652)
Cash flows from financing activities:    
Payment of debt issuance costs 0 (3)
Payments on secured revolving credit facility (40,000) 0
Repurchases of common stock (9,586) (74,496)
Dividends paid (28,483) (30,573)
Withholdings from vesting of restricted stock (4,776) (6,623)
Proceeds from exercises of stock options 83 222
Net cash used in financing activities (82,762) (111,473)
Net effect of exchange rate changes on cash and cash equivalents 329 904
Net decrease in cash and cash equivalents (54,063) (282,028)
Cash and cash equivalents, beginning of period 211,748 984,294
Cash and cash equivalents, end of period $ 157,685 $ 702,266
[1] Cash flows for the fiscal quarter April 2, 2022 were revised to reflect the presentation for payments of rent before payment due date of $13.2 million.
[2] Operating lease assets obtained in exchange for operating lease liabilities were $38.7 million and $16.3 million for the fiscal quarter ended April 1, 2023 and the fiscal quarter ended April 2, 2022, respectively.