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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 01, 2023
Jan. 02, 2022
Jan. 03, 2021
OPERATING ACTIVITIES:      
Net income (loss) $ 19,560 $ 55,234 $ (71,929)
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 40,337 46,345 45,920
Stock compensation amortization expense (benefit) 8,527 5,467 (502)
Loss on disposal of fixed assets 4,319 4,427 4,996
Bad debt expense 26 (263) 3,843
Deferred income taxes and other 13,414 (16,379) (20,794)
Amortization of acquired intangible assets 5,038 5,636 5,457
Goodwill and intangible asset impairment charge 36,180 0 121,258
Working capital changes:      
Accounts receivable (17,489) (36,096) 40,090
Inventories (49,651) (47,074) 38,667
Prepaid expenses and other current assets 7,020 (4,800) 12,967
Accounts payable and accrued expenses (24,220) 74,192 (60,903)
Cash provided by operating activities 43,061 86,689 119,070
INVESTING ACTIVITIES:      
Capital expenditures (18,437) (28,071) (62,949)
Other 0 0 1,260
Cash used in investing activities (18,437) (28,071) (61,689)
FINANCING ACTIVITIES:      
Revolving loan borrowing 206,031 76,000 110,000
Revolving loan repayments (189,281) (71,500) (131,024)
Term loan repayments (13,191) (60,485) (304,425)
Proceeds from issuance of Senior Notes due 2028 0 0 300,000
Repurchase of common stock (17,171) 0 0
Dividends paid (2,355) (2,362) (5,565)
Tax withholding payments for share-based compensation (402) (193) (1,511)
Debt issuance costs (1,032) (36) (7,896)
Payments for debt extinguishment costs 0 0 (660)
Proceeds from issuance of common stock 0 0 93
Finance lease payments (2,089) (2,282) (1,727)
Cash used in financing activities (19,490) (60,858) (42,715)
Net cash provided by (used in) operating, investing and financing activities 5,134 (2,240) 14,666
Effect of exchange rate changes on cash (4,822) (3,561) 7,086
CASH AND CASH EQUIVALENTS:      
Net increase (decrease) 312 (5,801) 21,752
Balance, beginning of year 97,252 103,053 81,301
Balance, end of year $ 97,564 $ 97,252 $ 103,053