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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 01, 2022
Jul. 02, 2021
Cash flows from operating activities:    
Consolidated net income $ 36,299 $ 22,974
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 27,855 19,724
Provision for inventory excess and obsolescence 1,004 2,505
Share-based compensation 11,855 11,679
Deferred income taxes (9,504) (699)
Write-off of unamortized deferred financing costs 624  
Other 375 682
Changes in assets and liabilities which (used)/provided cash, excluding effects from business acquisitions:    
Accounts receivable (17,627) (15,580)
Inventories (33,509) (5,645)
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets (1,107) (4,750)
Accounts payable, income taxes payable, accrued expenses and other current liabilities 20,365 22,059
Other non-current assets and liabilities (1,222) (935)
Net cash provided by operating activities 35,408 52,014
Cash flows from investing activities:    
Working capital adjustments from business acquisition 820  
Purchases of property, plant and equipment (12,103) (8,643)
Payment of contingent consideration related to acquisition of technology assets (1,470) (2,200)
Other investing activities 137  
Net cash used in investing activities (12,616) (10,843)
Cash flows from financing activities:    
Repayments under term loan and revolving credit facilities (12,833) (2,706)
Payments of debt issuance costs (2,492)  
Payments of withholding taxes from share-based awards (9,477) (18,428)
Repurchases of common shares (10,000)  
Payment of contingent consideration related to acquisitions (375) (1,836)
Purchase of a building under finance lease   (8,743)
Other financing activities (296) (281)
Net cash used in financing activities (35,473) (31,994)
Effect of exchange rates on cash and cash equivalents (4,223) (378)
Increase (decrease) in cash and cash equivalents (16,904) 8,799
Cash and cash equivalents, beginning of the period 117,393 125,054
Cash and cash equivalents, end of the period 100,489 133,853
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,244 2,240
Cash paid for income taxes 9,698 6,734
Income tax refunds received $ 164 $ 1,199