v3.24.1.u1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Cash flows from operating activities:    
Net loss $ (1,492) $ (9,132)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 31,592 32,277
Deferred income taxes (386) (2,594)
Deferred financing and original issue discount amortization 1,330 1,332
Stock-based compensation expense 2,829 2,637
Loss on debt restructuring (3,008) 0
Refinancing costs 1,554 0
Loss on disposal of property and equipment (56) (82)
Change in fair value of contingent consideration 332 1,715
Changes in operating items:    
Increase (Decrease) in Accounts Receivable (25,095) (33,963)
Increase (Decrease) in Inventories 2,341 (38,871)
Increase (Decrease) in Other Operating Assets 4,014 5,934
Accounts payable 14,632 11,406
Other accrued liabilities (7,221) (5,190)
Net cash provided by operating activities 11,676 31,507
Cash flows from investing activities:    
Payments to Acquire Businesses, Net of Cash Acquired (23,956) (300)
Payments to Acquire Productive Assets 17,759 18,111
Other investing activities (67) (113)
Net cash used for investing activities (41,782) (18,524)
Cash flows from financing activities:    
Repayments of senior term loans (2,128) (2,128)
Financing fees (33) 0
Borrowings on revolving credit loans 45,000 39,000
Repayments of revolving credit loans (27,000) (44,000)
Finance Lease, Principal Payments (875) (494)
Proceeds from exercise of stock options 5,899 0
Payments of contingent consideration (72) (1,079)
Other financing activities (380) (58)
Net cash provided by (used for) financing activities 20,411 (8,759)
Effect of exchange rate changes on cash 1,814 (555)
Net (decrease) increase in cash and cash equivalents (7,881) 3,669
Cash and cash equivalents at beginning of period 38,553 31,081
Cash and cash equivalents at end of period 30,672 34,750
Supplemental disclosure of cash flow information:    
Interest paid 11,213 15,059
Income taxes paid 871 472
Capital expenditures in accounts payable $ 3,093 $ 2,818

Source

10-Q PDF
XBRL