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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Cash flows from operating activities:    
Net income $ 18,796 $ 15,967
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,456 16,450
Stock-based compensation expense 19,740 7,655
Reduction in the carrying amount of right-of-use assets 2,976 2,907
Amortization of debt issuance costs and discount 208 1,215
Impairment of operating lease right-of-use asset (recorded in Restructuring charges) 0 977
Loss on refinancing of long-term debt 0 2,235
Other non-cash adjustments (60) (39)
Changes in assets and liabilities:    
Accounts receivable, net (22,491) 22,997
Inventories 919 2,132
Prepaid expenses and other assets (1,169) (5,097)
Accounts payable and accrued expenses 5,207 3,974
Accrued payroll obligations 1,869 (309)
Operating lease liabilities, current and long-term portions (2,957) (3,975)
Income taxes payable 370 (593)
Net cash provided by operating activities 36,864 66,496
Cash flows from investing activities:    
Proceeds from sales of and maturities of short-term marketable securities 0 9,655
Capital expenditures (6,829) (8,459)
Cash paid for software licenses (4,626) (3,597)
Net cash used in investing activities (11,455) (2,401)
Cash flows from financing activities:    
Restricted stock unit tax withholdings (6,642) (1,014)
Proceeds from issuance of common stock 4,537 14,037
Proceeds from issuance of long-term debt 50,000 206,500
Original issue discount and debt issuance costs 0 (2,086)
Repayment of debt (26,250) (278,033)
Net cash provided by (used in) financing activities 21,645 (60,596)
Effect of exchange rate change on cash 40 86
Net increase in cash and cash equivalents 47,094 3,585
Beginning cash and cash equivalents 118,081 119,051
Ending cash and cash equivalents 165,175 122,636
Supplemental disclosure of cash flow information and non-cash investing and financing activities:    
Interest paid 2,193 8,103
Operating lease payments 3,812 4,613
Income taxes paid, net of refunds 1,579 1,500
Accrued purchases of plant and equipment 1,067 1,627
Operating lease right-of-use assets obtained in exchange for lease obligations $ 1,635 $ 298