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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Cash flows from operating activities:    
Net income $ 65,672 $ 59,863
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant, and equipment 27,386 30,655
Amortization of intangible assets 1,858 1,877
Provision for (recoveries of) excess and obsolete inventory, net 4,986 (1,581)
Gain on partial termination of corporate lease 0 (4,366)
Other asset impairments and loss on disposal of property, plant and equipment, net of recoveries 87 2,751
Amortization of debt issuance costs 809 788
Stock-based compensation expense 9,290 10,984
Unrealized foreign currency exchange loss (gain), net 109 (429)
Provision for (recoveries of) doubtful accounts receivable from customers 285 (491)
Unrealized gain on investments (1,081) (633)
Deferred income taxes expense 7,153 4,274
Effect of changes in operating assets and liabilities:    
Accounts receivable 50,516 67,425
Finished goods inventories (70,802) 70,017
Prepaid expenses and other assets (24,320) (21,643)
Accounts payable and other liabilities 19,743 (10,249)
Net cash provided by operating activities 91,691 209,242
Cash flows from investing activities:    
Capital expenditures (24,315) (26,356)
Net cash used in investing activities (24,315) (26,356)
Cash flows from financing activities:    
Payments on secured revolving credit facility 0 (120,000)
Repurchases of common stock (33,778) (39,922)
Dividends paid (58,510) (56,641)
Withholdings from vesting of restricted stock (7,436) (4,837)
Proceeds from exercises of stock options 367 83
Net cash used in financing activities (99,357) (221,317)
Net effect of exchange rate changes on cash and cash equivalents (2,586) 1,186
Net decrease in cash and cash equivalents (34,567) (37,245)
Cash and cash equivalents, beginning of period 351,213 211,748
Cash and cash equivalents, end of period $ 316,646 $ 174,503