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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net earnings $ 299 $ 52,237 $ 34,518
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Non-cash restructuring, goodwill / asset impairment and other charges 71,749 9,089 553
Depreciation and amortization 103,412 98,639 94,180
Non-cash rent (3,061) (3,397) (4,339)
LIFO expense 5,167 16,104 56,823
Postretirement benefits income (976) (2,316) (890)
Deferred income taxes 4,971 8,229 1,415
Stock-based compensation expense 10,655 12,268 8,353
Stock warrant 868 1,559 2,158
(Gain) loss on disposals of assets (284) 259 1,073
Other operating activities 1,838 1,741 2,183
Changes in operating assets and liabilities:      
Accounts receivable (25,615) (17,228) (38,168)
Inventories 59,845 (21,925) (92,346)
Prepaid expenses and other assets (11,457) (14,913) 4,683
Accounts payable 4,973 (17,478) 28,069
Accrued payroll and benefits (3,654) (27,348) 16,855
Current income taxes (7,432) (424) 4,658
Other accrued expenses and other liabilities (5,421) (5,769) (9,428)
Net cash provided by operating activities 205,877 89,327 110,350
Cash flows from investing activities      
Purchases of property and equipment (132,394) (120,330) (97,280)
Net proceeds from the sale of assets 7,916 4,333 36,825
Acquisitions, net of cash acquired (117,937) (780) (41,429)
Loans to customers (4,988) (750) 0
Payments from customers on loans 1,728 1,298 1,358
Other investing activities (1,350) (288) (422)
Net cash used in investing activities (247,025) (116,517) (100,948)
Cash flows from financing activities      
Proceeds from senior secured credit facility 1,386,883 1,359,560 1,468,649
Payments on senior secured credit facility (1,282,127) (1,282,948) (1,382,409)
Proceeds from other long-term debt 0 1,000 0
Repayment of other long-term debt and finance lease liabilities (10,502) (8,157) (6,849)
Share repurchase (15,000) (18,527) (32,494)
Net payments related to stock-based award activities (3,199) (3,981) (4,326)
Dividends paid (29,909) (29,660) (29,708)
Other financing activities (1,392) (1,219) (3,845)
Net cash provided by (used in) financing activities 44,754 16,068 9,018
Net (decrease) increase in cash and cash equivalents 3,606 (11,122) 18,420
Cash and cash equivalents at beginning of year 17,964 29,086 10,666
Cash and cash equivalents at end of year $ 21,570 $ 17,964 $ 29,086