v3.25.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities:    
Net loss $ (317) $ (1,492)
Adjustments to reconcile net loss to net cash (used for) provided by operating activities:    
Depreciation and amortization 34,810 31,592
Deferred income taxes (974) (386)
Deferred financing and original issue discount amortization 1,257 1,330
Stock-based compensation expense 3,278 2,829
Loss on debt restructuring (906) (3,008)
Refinancing costs 906 1,554
(Gain) loss on disposal of property and equipment 139 (56)
Change in fair value of contingent consideration (326) 332
Changes in operating items:    
Increase (Decrease) in Accounts Receivable (24,617) (25,095)
Increase (Decrease) in Inventories (7,319) 2,341
Increase (Decrease) in Other Operating Assets 2,152 4,014
Accounts payable 11,340 14,632
Increase (Decrease) in Accrued Salaries (20,769) (6,315)
Other accrued expenses (9,365) (906)
Net cash (used for) provided by operating activities (655) 11,676
Cash flows from investing activities:    
Payments to Acquire Businesses, Net of Cash Acquired 0 (23,956)
Payments to Acquire Productive Assets 20,658 17,759
Other investing activities (67) (67)
Net cash used for investing activities (20,725) (41,782)
Cash flows from financing activities:    
Repayments of senior term loans (2,128) (2,128)
Financing fees 0 (33)
Borrowings on revolving credit loans 62,000 45,000
Repayments of revolving credit loans (44,000) (27,000)
Finance Lease, Principal Payments (1,270) (875)
Proceeds from exercise of stock options 306 5,899
Payments of contingent consideration (75) (72)
Other financing activities (440) (380)
Net cash provided by financing activities 14,393 20,411
Effect of exchange rate changes on cash (1,214) 1,814
Net decrease in cash and cash equivalents (8,201) (7,881)
Cash and cash equivalents at beginning of period 44,510 38,553
Cash and cash equivalents at end of period 36,309 30,672
Supplemental disclosure of cash flow information:    
Interest paid 13,893 11,213
Income taxes paid 2,016 871
Capital expenditures in accounts payable $ 1,614 $ 3,093

Source

10-Q PDF
XBRL