v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ 92 $ (49,914)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 69,934 74,149
Amortization of debt discount and deferred financing costs 1,740 2,604
Amortization of cloud computing implementation costs 3,842 2,028
Asset impairment 17,915 82,114
Deferred income tax expense (benefit) (6,921) (413)
Stock-based compensation expense 11,778 15,040
Losses (gains) on change in fair value of derivatives (34) (1,942)
Inventory adjustments 3,618 2,886
Other (283) 2,283
Changes in operating assets and liabilities:    
Accounts receivable 39,705 2,743
Inventories 28,697 (311)
Operating lease right of use assets and lease liabilities (1,692) 59
Other assets 2,082 2,769
Accounts payable (27,997) (2,394)
Deferred and unearned revenue (7,225) 1,218
Other liabilities (31,884) 20,353
Net cash provided by operating activities 103,367 153,272
Cash flows from investing activities:    
Purchase of property and equipment (63,485) (81,965)
Other 1,117 (614)
Net cash used for investing activities (62,368) (82,579)
Cash flows from financing activities:    
Repayments on long-term debt (218,751) (1,875)
Proceeds from issuance of long-term debt 115,000 0
Proceeds from issuance of common stock 1,201 1,326
Purchase of treasury stock (2,819) (27,662)
Payments of debt issuance costs (1,703) (2,869)
Payments on finance lease obligations (2,279) (3,085)
Net cash used for financing activities (109,351) (34,165)
Net change in cash, cash equivalents and restricted cash (68,352) 36,528
Cash, cash equivalents and restricted cash, beginning of year 151,027 230,624
Cash, cash equivalents and restricted cash, end of period 82,675 267,152
Supplemental cash flow disclosure information:    
Cash paid for interest 7,600 6,378
Cash paid for taxes 5,996 6,338
Capital expenditures accrued at the end of the period $ 9,063 $ 8,969