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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Cash flows from operating activities:      
Net income $ 91,796 $ 185,509 $ 232,500
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property, plant, and equipment 51,544 54,233 60,407
Amortization of intangible assets 3,719 3,693 3,732
Provisions for (recoveries of) excess and obsolete inventory, net 401 (348) (10,439)
Intangible asset impairment 0 30,000 0
Gain on partial termination of corporate lease 0 0 (4,366)
Loss on disposal of property, plant and equipment 189 865 3,078
Amortization of debt issuance costs 1,712 1,630 1,586
Stock-based compensation expense 20,248 17,841 19,463
Unrealized foreign currency exchange (gain) loss, net (457) 380 (207)
Provisions for doubtful accounts receivable from customers 2,417 1,086 471
Loss on extinguishment of debt 1,655 0 0
Unrealized gain on investments (2,229) (2,214) (2,237)
Pension plan settlement [1] 8,777 949 0
Deferred income tax benefit (162) (6,422) (600)
Effect of changes in operating assets and liabilities:      
Accounts receivable 15,169 (13,743) 15,453
Finished goods inventories (37,101) 26,131 222,920
Prepaid expenses and other assets (8,098) (2,962) 4,317
Accounts payable and other liabilities (27,246) 2,159 (16,946)
Net cash provided by operating activities 122,334 298,787 529,132
Cash flows from investing activities:      
Capital expenditures (53,704) (56,165) (59,860)
Net cash used in investing activities (53,704) (56,165) (59,860)
Cash flows from financing activities:      
Proceeds from senior notes due 2031 575,000 0 0
Payment of senior notes due 2027 (500,000) 0 0
Payments of debt issuance costs (11,711) 0 0
Borrowings under secured revolving credit facility 0 0 70,000
Payments on secured revolving credit facility 0 0 (190,000)
Repurchases of common stock 0 (50,526) (100,034)
Dividends paid (56,359) (116,178) (112,005)
Withholdings from vesting of restricted stock (4,516) (7,579) (5,024)
Proceeds from exercise of stock options 0 367 4,418
Other (370) (900) 0
Net cash provided by (used in) financing activities 2,044 (174,816) (332,645)
Net effect of exchange rate changes on cash and cash equivalents 3,475 (6,093) 2,838
Net increase in cash and cash equivalents 74,149 61,713 139,465
Cash and cash equivalents, beginning of fiscal year 412,926 351,213 211,748
Cash and cash equivalents, end of fiscal year $ 487,075 $ 412,926 $ 351,213
[1] Pension plan settlement charges for the fiscal year ended December 28, 2024, have been reclassified to the Pension plan settlement line item. These charges were previously included in Other (income) expense, net.