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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jul. 01, 2022
Cash flows from operating activities:    
Consolidated net income $ 39,144 $ 36,299
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 23,668 27,855
Provision for inventory excess and obsolescence 3,678 1,004
Share-based compensation 12,341 11,855
Deferred income taxes (7,665) (9,504)
Write-off of unamortized deferred financing costs   624
Other 994 375
Changes in assets and liabilities which (used)/provided cash, excluding effects from business acquisitions:    
Accounts receivable (6,564) (17,627)
Inventories 1,177 (33,509)
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets (163) (1,107)
Accounts payable, income taxes payable, accrued expenses and other current liabilities (29,283) 20,365
Other non-current assets and liabilities (885) (1,222)
Net cash provided by operating activities 36,442 35,408
Cash flows from investing activities:    
Cash paid for business acquisitions, net of working capital adjustments   820
Purchases of property, plant and equipment (6,946) (12,103)
Payment of contingent consideration related to acquisition of technology assets   (1,470)
Other investing activities   137
Net cash used in investing activities (6,946) (12,616)
Cash flows from financing activities:    
Repayments under term loan and revolving credit facilities (30,498) (12,833)
Payments of debt issuance costs   (2,492)
Payments of withholding taxes from share-based awards (10,008) (9,477)
Repurchases of common shares   (10,000)
Payments of contingent consideration related to acquisitions   (375)
Other financing activities (313) (296)
Net cash used in financing activities (40,819) (35,473)
Effect of exchange rates on cash and cash equivalents 2,548 (4,223)
Decrease in cash and cash equivalents (8,775) (16,904)
Cash and cash equivalents, beginning of the period 100,105 117,393
Cash and cash equivalents, end of the period 91,330 100,489
Supplemental disclosure of cash flow information:    
Cash paid for interest 12,709 5,244
Cash paid for income taxes 21,316 9,698
Income tax refunds received $ 255 $ 164