Quarterly report [Sections 13 or 15(d)]

Consolidated Condensed Statements of Cash Flows

v3.26.3
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Oct. 03, 2026
Sep. 27, 2025
Cash Flows from Operating Activities:    
Net Income (Loss) $ 112,804 $ (256)
Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:    
Depreciation and Amortization 18,538 16,129
Amortization of Deferred Financing Fees 1,800 1,805
Provisions for Non-cash Losses on Inventory and Receivables 4,663 6,062
Equity-based Compensation Expense 7,083 5,341
Deferred Tax Expense (Benefit) 1,001 (1,125)
Operating Lease Non-cash Expense 4,029 4,659
Simplification Initiative-related Non-cash Charges 0 6,229
Loss on Settlement of Debt 0 32,644
Other 1,945 (756)
Changes in Operating Assets and Liabilities Providing (Using) Cash:    
Accounts Receivable (53,793) 5,190
Inventories (43,628) (7,140)
Accounts Payable 29,265 8,271
Operating Lease Liabilities (4,566) (3,125)
Accrued Expenses 2,463 (14,719)
Income Taxes (55) (11,513)
Customer Advance Payments and Deferred Revenue 2,358 (2,317)
Tenant Improvement Allowance Refund 0 3,157
Cloud Computing Implementation Costs (7,442) 0
Supplemental Retirement Plan Liabilities (545) (539)
Other Assets and Liabilities (9,346) (825)
Net Cash Provided by Operating Activities 66,574 47,172
Cash Flows from Investing Activities:    
Capital Expenditures (21,071) (19,860)
Acquisition of Business, Net of Cash Acquired 0 (4,617)
Net Cash Used by Investing Activities (21,071) (24,477)
Cash Flows from Financing Activities:    
Proceeds from Long-term Debt 44,000 86,143
Principal Payments on Long-term Debt (95,000) (11,143)
Proceeds from Issuance of Convertible Debt 0 225,000
Partial Repurchase of 2030 Notes 0 (285,752)
Payments for Capped Call Transactions 0 (26,888)
Financing-related Costs 0 (8,127)
Stock Award Activity (2,007) (1,730)
Other (2,241) (109)
Net Cash Used by Financing Activities (55,248) (22,606)
Effect of Exchange Rates on Cash (510) 1,063
(Decrease) Increase in Cash and Cash Equivalents and Restricted Cash (10,255) 1,152
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 7,925 19,580
Supplemental Disclosure of Cash Flow Information    
Capital Expenditures in Accounts Payable (Non-Cash Investing Activities) 0 2,796
Interest Paid 5,683 7,593
Income Taxes Paid, Net $ 814 $ 12,636