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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Operating activities:    
Net loss $ (5,982) $ (174,447)
Less: Loss from discontinued operations, net of tax 0 (74,429)
Loss from continuing operations (5,982) (100,018)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 11,785 16,473
(Benefit) provision for expected credit losses (976) 1,079
Equity-based compensation 2,591 1,846
Change in fair value of contingent consideration 295 287
Deferred income taxes 81 (2,664)
Impairment of assets 0 78,615
Unrealized loss on foreign currency fluctuations 377 747
Other, net 581 224
Changes in operating assets and liabilities:    
Accounts receivable (1,958) 13,162
Inventories (4,070) (5,294)
Accounts payable and accrued expenses (7,332) 2,331
Other current and noncurrent assets and liabilities (1,397) (2,129)
Net cash from operating activities - continuing operations (6,005) 4,659
Net cash from operating activities - discontinued operations 0 (2,169)
Net cash from operating activities (6,005) 2,490
Investing activities:    
Purchase of property and equipment (291) (3,560)
Investments and acquisition of distribution rights (709) 0
Net cash from investing activities - continuing operations (1,000) (3,560)
Net cash from investing activities - discontinued operations 0 (11,506)
Net cash from investing activities (1,000) (15,066)
Financing activities:    
Proceeds from issuance of Class A common stock 177 84
Borrowing on revolver 0 49,000
Payment on revolver 0 (20,000)
Debt refinancing costs (1,180) (1,668)
Payments on long-term debt (3,056) 0
Other, net (183) (36)
Net cash from financing activities (4,242) 27,380
Effect of exchange rate changes on cash (544) 461
Net change in cash, cash equivalents and restricted cash (11,791) 15,265
Cash, cash equivalents and restricted cash at the beginning of the period 36,964 31,837
Cash, cash equivalents and restricted cash at the end of the period 25,173 47,102
Supplemental disclosure of noncash investing and financing activities    
Accounts payable for purchase of property, plant and equipment $ 218 $ 0