v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities:    
Net income $ 15,515 $ 11,043
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 69,915 63,138
Deferred income taxes (3,101) (1,706)
Deferred financing and original issue discount amortization 2,511 2,551
Stock-based compensation expense 6,835 6,485
Gain (Loss) on Extinguishment of Debt (906) (3,008)
Loss on debt restructuring (906) (1,554)
(Gain) loss on disposal of property and equipment 63 (56)
Change in fair value of contingent consideration (567) 780
Changes in operating items:    
Increase (Decrease) in Accounts Receivable (30,905) (28,414)
Increase (Decrease) in Inventories 20,812 10,929
Increase (Decrease) in Other Operating Assets 7,702 4,409
Accounts payable 29,015 28,683
Increase (Decrease) in Accrued Salaries (10,681) 5,926
Other accrued expenses (1,908) 1,818
Net cash provided by operating activities 48,052 76,476
Cash flows from investing activities:    
Payments to Acquire Businesses, Net of Cash Acquired 0 (23,783)
Payments to Acquire Productive Assets 38,175 40,078
Other investing activities (109) (153)
Net cash used for investing activities (38,284) (64,014)
Cash flows from financing activities:    
Repayments of senior term loans (4,256) (4,255)
Financing fees 0 (33)
Borrowings on revolving credit loans 79,000 65,000
Repayments of revolving credit loans (92,000) (65,000)
Finance Lease, Principal Payments (2,653) (1,758)
Proceeds from exercise of stock options 490 6,379
Payments of contingent consideration (137) (133)
Other financing activities (855) 570
Net cash (used for) provided by financing activities (20,411) 770
Effect of exchange rate changes on cash 321 2,231
Net (decrease) increase in cash and cash equivalents (10,322) 15,463
Cash and cash equivalents at beginning of period 44,510 38,553
Cash and cash equivalents at end of period 34,188 54,016
Supplemental disclosure of cash flow information:    
Interest paid 29,003 22,365
Income taxes paid 8,646 3,291
Capital expenditures in accounts payable $ 883 $ 1,873

Source

10-Q PDF
XBRL