CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 27, 2019		Sep. 28, 2018
Cash flows from operating activities:
Consolidated net income	$ 31,556	[1]	$ 39,451	[2]
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Depreciation and amortization	27,954		27,386
Provision for inventory excess and obsolescence	1,968		1,765
Share-based compensation	7,348		5,475
Deferred income taxes	(3,176)		(3,309)
Inventory acquisition fair value adjustments	708
Other	1,372		510
Changes in assets and liabilities which (used)/provided cash, excluding effects from business acquisitions:
Accounts receivable	(12,147)		(5,747)
Inventories	(7,744)		(9,041)
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets	(5,544)		1,234
Accounts payable, income taxes payable, accrued expenses and other current liabilities	(16,340)		10,101
Other non-current assets and liabilities	1,888		(105)
Cash provided by operating activities	27,843		67,720
Cash flows from investing activities:
Acquisition of businesses, net of cash acquired and working capital adjustments	(53,143)		(29,600)
Purchases of property, plant and equipment	(7,951)		(11,645)
Acquisition of assets			(1,225)
Other investing activities	42		213
Cash used in investing activities	(61,052)		(42,257)
Cash flows from financing activities:
Borrowings under revolving credit facility	66,792		55,253
Repayments of term loan and revolving credit facility	(40,768)		(29,059)
Payments of withholding taxes from share-based awards	(6,839)		(3,483)
Repurchases of common shares	(6,684)		(3,765)
Acquisition of noncontrolling interest			(30,800)
Other financing activities	(122)		(420)
Cash provided by (used in) financing activities	12,379		(12,274)
Effect of exchange rates on cash and cash equivalents	192		(1,432)
Increase (decrease) in cash and cash equivalents	(20,638)		11,757
Cash and cash equivalents, beginning of the period	82,043		100,057
Cash and cash equivalents, end of the period	61,405		111,814
Supplemental disclosure of cash flow information:
Cash paid for interest	5,832		6,716
Cash paid for income taxes	12,770		15,173
Income tax refunds received	$ 515		$ 2,245

[1] 47,147 performance-based restricted stock units granted to certain members of the executive management team and 213,219 shares of restricted stock issued to Laser Quantum former non-controlling interest holders are considered contingently issuable shares and were excluded from the calculation of the denominator as the contingent conditions had not been met as of September 27, 2019.

[2] 53,968 performance-based restricted stock units granted to certain members of the executive management team and 213,219 shares of restricted stock issued to Laser Quantum former non-controlling interest holders were considered contingently issuable shares and were excluded from the calculation of the denominator as the contingent conditions had not been met as of September 28, 2018.