Quarterly report [Sections 13 or 15(d)]

Consolidated Condensed Statements of Cash Flows

v3.26.1
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Apr. 04, 2026
Mar. 29, 2025
Cash Flows from Operating Activities:    
Net Income $ 25,540 $ 9,528
Adjustments to Reconcile Net Income to Cash Flows from Operating Activities:    
Depreciation and Amortization 5,894 5,588
Amortization of Deferred Financing Fees 607 602
Provisions for Non-cash Losses on Inventory and Receivables 1,441 1,728
Equity-based Compensation Expense 2,556 2,345
Deferred Tax Expense (Benefit) 62 (1,125)
Operating Lease Non-cash Expense 1,463 1,550
Non-Cash Litigation Provision Adjustment 0 6,228
Other 681 (214)
Changes in Operating Assets and Liabilities Providing (Using) Cash:    
Accounts Receivable (13,420) (2,037)
Inventories (16,404) 515
Accounts Payable 14,997 2,867
Operating Lease Liabilities (1,515) (1,071)
Accrued Expenses (6,655) (11,514)
Income Taxes (982) 959
Customer Advance Payments and Deferred Revenue 3,614 2,776
Cloud Computing Implementation Costs (2,370) 0
Supplemental Retirement Plan Liabilities (181) (101)
Other Assets and Liabilities (4,722) 2,018
Net Cash Provided by Operating Activities 10,606 20,642
Cash Flows from Investing Activities:    
Capital Expenditures (11,160) (2,105)
Net Cash Used by Investing Activities (11,160) (2,105)
Cash Flows from Financing Activities:    
Proceeds from Long-term Debt 30,000 1,143
Principal Payments on Long-term Debt (30,000) (10,000)
Financing-related Costs 0 (740)
Stock Award Activity (5,441) (1,730)
Other (60) (44)
Net Cash Used by Financing Activities (5,501) (11,371)
Effect of Exchange Rates on Cash (258) 354
(Decrease) Increase in Cash and Cash Equivalents and Restricted Cash (6,313) 7,520
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 18,180 18,428
Cash and Cash Equivalents and Restricted Cash at End of Period 11,867 25,948
Supplemental Disclosure of Cash Flow Information    
Non-Cash Investing Activities: Capital Expenditures in Accounts Payable 425 0
Interest Paid 2,668 2,724
Income Taxes Paid, Net of Refunds $ 195 $ 827