v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 04, 2026
Apr. 05, 2025
Cash flows from operating activities:    
Net income $ 1,613 $ 2,570
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,396 4,981
Amortization of deferred financing costs 1,554 1,471
Provision for inventory obsolescence (42) 0
Provision for bad debts 16 73
Deferred income taxes 803 1,281
Remeasurement of tax receivable agreement liability (59) (2)
Loss on disposal or impairment of assets (3) 0
Equity compensation 1,882 2,564
Changes in assets and liabilities:    
Accounts receivable (1,789) (600)
Inventory, net (917) 478
Prepaid expenses and other assets (3,212) 1,545
Accounts payable and accrued liabilities (3,516) (945)
Deferred revenue (539) (429)
Other long-term liabilities (569) (280)
Net cash provided by operating activities 618 12,707
Cash flows from investing activities:    
Purchases of property and equipment (1,709) (660)
Net cash used in investing activities (1,709) (660)
Cash flows from financing activities:    
Principal payments on long-term debt (1,000) (1,000)
Distributions to EWC Ventures LLC members (1,510) (1,228)
Repurchase of Class A common stock 0 (1,064)
Taxes on vested restricted stock units paid by withholding shares (732) (159)
Dividend equivalents to holders of EWC Ventures units 0 (10)
Net cash used in financing activities (3,242) (3,461)
Net (decrease) increase in cash, cash equivalents and restricted cash (4,333) 8,586
Cash, cash equivalents and restricted cash, beginning of period 82,481 56,194
Cash, cash equivalents and restricted cash, end of period 78,148 64,780
Supplemental cash flow information:    
Cash paid for interest 5,385 5,439
Cash paid for income taxes 0 143
Non-cash investing activities:    
Property purchases included in accounts payable and accrued liabilities 65 89
Property purchases included in additional paid-in capital 872 3,968
Right-of-use assets obtained in exchange for operating lease obligations $ 0 $ 446