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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jun. 30, 2024
Jul. 02, 2023
Dec. 31, 2023
Cash flows from operating activities:          
Net loss $ 58,626 $ 44,320 $ (24,100) $ (25,539)  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization 28,621 28,910 58,121 58,024  
Stock-based compensation     5,109 5,493  
Interest accretion on notes payable     392 511  
Loss on debt extinguishment 2,736 13,982 2,736 13,982  
Amortization of debt issuance costs     2,453 2,889  
Loss on disposal of assets 6,446 2,550 7,840 4,985  
Deferred income tax benefit     (19,150) (7,467)  
Other     3,108 (5,573)  
Changes in operating assets and liabilities:          
Increase in accounts receivable - trade     (24,467) (42,233)  
Increase in inventories, prepaid expenses and other current assets     (18,779) (25,480)  
(Increase) decrease in other assets     (783) 1,315  
(Increase) decrease in ROU operating leases     (7,995) 5,614  
Increase in accounts payable, deferred revenue and accrued liabilities and other long-term liabilities     97,123 104,717  
(Decrease) increase in operating lease liabilities     11,748 (1,340)  
(Decrease) increase in accrued interest payable     7,721 (5,269)  
Net cash provided by operating activities     101,077 84,629  
Cash flows from investing activities:          
Additions to property and equipment     (114,049) (68,130)  
Property insurance recoveries     0 1,089  
Proceeds from sale of assets     227 0  
Net cash used in investing activities     (113,822) (67,041)  
Cash flows from financing activities:          
Repayment of borrowings     (734,000) (1,028,623)  
Proceeds from borrowings     1,130,000 998,984  
Payment of debt issuance costs     (14,930) (19,294)  
Payment of tax withholdings on equity-based compensation through shares withheld     (121) (241)  
Reduction in finance lease liability     (571) (498)  
Purchase of redeemable noncontrolling interest     (1,114) (328)  
Net cash provided by (used in) financing activities     379,264 (50,000)  
Effect of exchange rate on cash     (2,863) 3,870  
Net increase (decrease) in cash and cash equivalents     363,656 (28,542)  
Cash and cash equivalents at beginning of period     77,585 80,122 $ 80,122
Cash and cash equivalents at end of period $ 441,241 $ 51,580 441,241 51,580 $ 77,585
Supplemental cash flow information          
Cash paid for interest     75,651 83,031  
Cash paid for income taxes     $ 7,559 $ 6,892