Quarterly report [Sections 13 or 15(d)]

Consolidated Condensed Statements of Cash Flows

v3.25.1
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash Flows from Operating Activities:    
Net Income (Loss) $ 9,528 $ (3,178)
Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:    
Depreciation and Amortization 5,588 6,328
Amortization of Deferred Financing Fees 602 832
Provisions for Non-Cash Losses on Inventory and Receivables 1,728 767
Equity-based Compensation Expense 2,345 2,802
Deferred Tax Benefit (1,125) 0
Operating Lease Non-Cash Expense 1,550 1,280
Non-Cash 401K Contribution and Quarterly Bonus Accrual 0 3,454
Non-Cash Annual Stock Bonus Accrual 0 1,448
Non-Cash Litigation Provision Adjustment 6,228 0
Other (214) 968
Changes in Operating Assets and Liabilities Providing (Using) Cash:    
Accounts Receivable (2,037) 1,427
Inventories 515 (8,826)
Accounts Payable 2,867 224
Accrued Expenses (11,514) (1,717)
Customer Advance Payments and Deferred Revenue 2,776 (1,685)
Income Taxes 959 (1,722)
Operating Lease Liabilities (1,071) (1,196)
Supplemental Retirement Plan Liabilities (101) (101)
Other Assets and Liabilities 2,018 932
Net Cash from Operating Activities 20,642 2,037
Cash Flows from Investing Activities:    
Capital Expenditures (2,105) (1,598)
Net Cash from Investing Activities (2,105) (1,598)
Cash Flows from Financing Activities:    
Proceeds from Long-term Debt 1,143 1,356
Principal Payments on Long-term Debt (10,000) (7,249)
Stock Award Activity (1,730) 1,713
Financing-related Costs (740) (809)
Other (44) (53)
Net Cash from Financing Activities (11,371) (5,042)
Effect of Exchange Rates on Cash 354 (100)
Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash 7,520 (4,703)
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 18,428 11,313
Cash and Cash Equivalents and Restricted Cash at End of Period 25,948 6,610
Supplemental Disclosure of Cash Flow Information    
Interest Paid 2,724 5,001
Income Taxes Paid, Net of Refunds $ 827 $ 32