v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Cash flows from operating activities:    
Net income $ 38,707 $ 18,477
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 105,280 96,440
Deferred income taxes 9,791 (1,326)
Deferred financing and original issue discount amortization 3,767 3,807
Stock-based compensation expense 10,739 9,742
Customer bankruptcy reserve 0 7,757
Loss on debt restructuring 906 3,008
Cash paid to third parties in connection with debt restructuring (906) (1,554)
(Gain) loss on disposal of property and equipment (135) 56
Change in fair value of contingent consideration (500) 313
Changes in operating items:    
Accounts receivable, net (34,721) (22,906)
Inventories, net (53,925) (2,036)
Other assets (19,691) (142)
Accounts payable 22,575 17,822
Accrued salaries and wages (1,217) 7,150
Other accrued expenses (6,381) 3,579
Net cash provided by operating activities 74,289 140,187
Cash flows from investing activities:    
Acquisition of business, net of cash received 0 (57,762)
Capital expenditures (55,347) (64,196)
Other investing activities (154) (211)
Net cash used for investing activities (55,501) (122,169)
Cash flows from financing activities:    
Repayments of senior term loans (6,384) (4,255)
Financing fees 0 (33)
Borrowings on revolving credit loans 109,000 77,000
Repayments of revolving credit loans (122,000) (77,000)
Principal payments under finance lease obligations (4,156) (2,698)
Proceeds from exercise of stock options 1,177 8,938
Repurchases of common stock (3,165) 0
Payments of contingent consideration (199) (196)
Other financing activities 142 (103)
Net cash (used for) provided by financing activities (25,585) 1,653
Effect of exchange rate changes on cash 18 1,596
Net (decrease) increase in cash and cash equivalents (6,779) 21,267
Cash and cash equivalents at beginning of period 44,510 38,553
Cash and cash equivalents at end of period 37,731 59,820
Supplemental disclosure of cash flow information:    
Interest paid 39,928 30,348
Income taxes paid 9,859 7,967
Capital expenditures in accounts payable $ 644 $ 2,200

Source

10-Q PDF
XBRL