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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Operating Activities    
Net income $ 82,576 $ 33,932
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 14,751 14,429
Stock-based compensation 5,043 2,732
Gain on sale of assets (58) (48)
Deferred income taxes 1,854 3,133
Changes in operating assets and liabilities:    
Trade receivables (18,183) (1,013)
Inventories (2,910) 16,235
Trade accounts payable and accrued expenses 1,686 10,465
Contract liability to customers (84) (5,977)
Employee compensation and benefits (9,429) 6,123
Product liability (116) (42)
Prepaid expenses, other assets and other liabilities (2,050) (6,327)
Income taxes payable 3,119 4,466
Cash provided by operating activities 76,199 78,108
Investing Activities    
Property, plant and equipment additions (11,464) (5,921)
Proceeds from sale of assets 73 54
Purchases of short-term investments (271,984) (233,466)
Proceeds from maturities of short-term investments 242,997 154,072
Cash used for investing activities (40,378) (85,261)
Financing Activities    
Remittance of taxes withheld from employees related to share-based compensation (4,801) (1,297)
Dividends paid (27,606) (9,269)
Cash used for financing activities (32,407) (10,566)
Increase (decrease) in cash and cash equivalents 3,414 (17,719)
Cash and cash equivalents at beginning of period 20,147 35,420
Cash and cash equivalents at end of period $ 23,561 $ 17,701