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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Operating activities      
Net loss $ (175,018) $ (4,841) $ (1,172)
Loss from discontinued operations (153,108) (8,722) (6,715)
Earnings (loss) from continuing operations (21,910) 3,881 5,543
Items not affecting cash:      
Depreciation and amortization 31,039 23,047 18,627
Amortization of debt issuance costs 1,398 1,601 1,353
Deferred income taxes 3,978 (296) (4,562)
Stock-based compensation 11,778 13,830 9,100
Loss on extinguishment of debt 1,584 0 0
Impairment of long-lived assets 0 0 3,202
Other 707 3,825 1,736
Changes in operating assets and liabilities, net of divestitures (24,999) (15,142) 3,208
Net cash provided by operating activities of continuing operations 3,575 30,746 38,207
Net cash provided by (used in) operating activities of discontinued operations 11,269 29,829 (59,639)
Net cash provided by (used in) operating activities 14,844 60,575 (21,432)
Investing activities      
Additions to property, plant and equipment (46,125) (125,139) (54,617)
Cash settlement of foreign currency forward contract (394) 0 0
Proceeds from sale of property, plant and equipment 0 4,182 2,300
Additions to intangible assets 0 0 (25,073)
Net cash used in investing activities of continuing operations (46,519) (120,957) (77,390)
Net cash provided by (used in) investing activities of discontinued operations 90,551 14,133 (17,060)
Net cash provided by (used in) investing activities 44,032 (106,824) (94,450)
Financing activities      
Increase (decrease) in borrowings under revolving credit facilities (15,863) 29,640 45,119
Borrowings of long-term debt 199,855 90,907 25,232
Repayment of long-term debt (95,303) (20,085) (8,502)
Repayment of asset-based credit facilities (141,880) 0 0
Payment of debt issuance costs (3,297) (735) (2,561)
Proceeds from notes payable 102,043 0 0
Repayment of notes payable 84,447 0 0
Proceeds from the exercise of stock options and employee share purchases 1,882 1,628 7,726
Payment of withholding taxes on stock-based awards (9,404) (1,629) (8,718)
Payment of cash dividends on preferred stock (1,732) (2,436) (5,247)
Payment of common share issuance costs (191) 0 (287)
Payment of preferred stock issuance costs 0 (756) 0
Net cash provided by (used in) financing activities of continuing operations (48,337) 96,534 52,762
Net cash provided by (used in) financing activities of discontinued operations (2,464) (49,833) 63,096
Net cash provided by (used in) financing activities (50,801) 46,701 115,858
Increase (decrease) in cash, cash equivalents and restricted cash during the year 8,075 452 (24)
Cash and cash equivalents, beginning of the year 679 227 251
Cash, cash equivalents and restricted cash, end of the year $ 8,754 $ 679 $ 227