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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Apr. 01, 2022
Cash flows from operating activities:    
Consolidated net income $ 18,265 $ 18,820
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 11,731 14,044
Provision for inventory excess and obsolescence 2,067 397
Share-based compensation 6,466 6,774
Deferred income taxes (3,695) (5,140)
Inventory acquisition fair value adjustments   624
Contingent consideration adjustments   (2,275)
Other 520 240
Changes in assets and liabilities which (used)/provided cash, excluding effects from business acquisitions:    
Accounts receivable (2,920) (8,949)
Inventories 52 (14,928)
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets 940 4,040
Accounts payable, income taxes payable, accrued expenses and other current liabilities (22,295) (38)
Other non-current assets and liabilities (886) (2,262)
Net cash provided by operating activities 10,245 11,347
Cash flows from investing activities:    
Cash paid for business acquisitions, net of working capital adjustments   820
Purchases of property, plant and equipment (3,620) (6,308)
Payment of contingent consideration related to acquisition of technology assets   (1,470)
Other investing activities   137
Net cash used in investing activities (3,620) (6,821)
Cash flows from financing activities:    
Repayments under term loan and revolving credit facilities (15,309) (11,640)
Payments of debt issuance costs   (2,133)
Payments of withholding taxes from share-based awards (9,601) (7,733)
Payments of contingent consideration related to acquisitions   (375)
Other financing activities (156) (148)
Net cash used in financing activities (25,066) (22,029)
Effect of exchange rates on cash and cash equivalents 1,012 (1,085)
Decrease in cash and cash equivalents (17,429) (18,588)
Cash and cash equivalents, beginning of the period 100,105 117,393
Cash and cash equivalents, end of the period 82,676 98,805
Supplemental disclosure of cash flow information:    
Cash paid for interest 6,137 2,737
Cash paid for income taxes 4,371 2,624
Income tax refunds received $ 182 $ 128