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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2023
Mar. 26, 2022
Cash flows from operating activities:    
Net income $ 15,685 $ 21,569
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on extinguishment of debt 369 104
Net accretion on investments (289) 0
(Gain) loss from sale of property, plant and equipment 43 (51)
Depreciation and amortization 12,091 11,667
Share-based compensation expense 3,914 3,422
Non-cash inventory related charges 1,993 647
Deferred income taxes 872 397
Changes in accrued retiree medical benefits (181) (10)
Changes in other accrued liabilities (128) (332)
Changes in other assets 208 (128)
Amortization of cloud-based software implementation costs 700 478
Interest capitalized associated with cloud computing implementation 0 (26)
Amortization of debt discounts and issuance costs 49 94
Operating lease right-of-use assets 1,316 1,343
Changes in assets and liabilities, excluding effects from acquisitions:    
Customer advances 6,192 6,101
Accounts receivable 5,364 (19,873)
Inventories (5,164) (1,123)
Other current assets 756 (5,675)
Accounts payable 75 (361)
Deferred profit (2,300) (2,141)
Income taxes payable (8,180) 2,257
Accrued compensation, warranty and other liabilities (15,545) (15,059)
Current and long-term operating lease liabilities (1,355) (1,309)
Net cash provided by operating activities 16,485 1,991
Cash flows from investing activities, excluding effects from acquisitions:    
Purchases of short-term investments (16,816) (45,413)
Sales and maturities of short-term investments 62,989 43,250
Purchases of property, plant and equipment (5,075) (2,669)
Cash received from sale of property, plant and equipment 120 57
Payment for purchase of MCT, net of cash received (26,933) 0
Net cash provided by (used in) investing activities 14,285 (4,775)
Cash flows from financing activities:    
Payments on current and long-term finance lease liabilities (24) (44)
Repurchases of common stock, net (8,578) (4,082)
Repayments of long-term debt (35,290) (9,056)
Acquisition of treasury stock (3,481) (5,949)
Net cash used in financing activities (47,373) (19,131)
Effect of exchange rate changes on cash and cash equivalents 911 (1,218)
Net decrease in cash and cash equivalents (15,692) (23,133)
Cash and cash equivalents at beginning of period 242,341 290,201
Cash and cash equivalents at end of period 226,649 267,068
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 3,760 3,669
Inventory capitalized as property, plant and equipment 317 460
Property, plant and equipment purchases included in accounts payable 235 1,180
Cash paid for interest $ 1,784 $ 606