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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities:    
Net income (loss) $ 835 $ (40,239)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 16,838 17,209
Amortization of operating lease right-of-use assets 4,949 4,972
Amortization of deferred debt financing costs and bond discount 1,416 1,298
Deferred income taxes (1,839) (17,874)
Impairment of goodwill   70,580
Loss on sales of assets and impairment of property, plant and equipment 3,875 135
Share-based compensation expense 3,171 1,783
Changes in assets and liabilities:    
Trade accounts receivable 33,893 6,808
Inventories (2,541) 8,192
Prepaid expenses and other current assets 3,181 (1,271)
Income tax receivable/payable, net (523) 4,854
Other assets (879) (829)
Trade accounts payable 31,632 11,677
Accrued expenses (41,049) (32,770)
Other liabilities (214) 597
Net cash provided by operating activities 52,745 35,122
Cash flows from investing activities:    
Capital expenditures (10,387) (7,621)
Proceeds from sales of assets 50 (437)
Net cash used in investing activities (10,337) (8,058)
Cash flows from financing activities:    
Repayments of borrowings under term loan facility (1,125)  
Repayments of borrowings under revolving credit facility (55,000) (45,000)
Borrowings under revolving credit facility 40,000 35,000
Dividends paid (15,038) (14,939)
Payments of tax withholding on behalf of employees for net share settlement of share-based compensation (737) (590)
Net cash used in financing activities (31,900) (25,529)
Effect of exchange rate fluctuations on cash and cash equivalents 144 (169)
Net increase in cash and cash equivalents 10,652 1,366
Cash and cash equivalents at beginning of period 50,583 41,094
Cash and cash equivalents at end of period 61,235 42,460
Supplemental disclosures of cash flow information:    
Cash interest payments 59,649 49,969
Cash income tax payments 756 789
Non-cash investing and financing transactions:    
Dividends declared and not yet paid 15,161 15,020
Accruals related to purchases of property, plant and equipment 1,703 1,574
Right-of-use assets obtained in exchange for new operating lease liabilities $ 495 $ 665