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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 $ 5,683 $ 35,207
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation, amortization and accretion 13,540 9,743
Provision for doubtful accounts 2,744 29
Provision for stock-based compensation 2,334 2,152
Changes in assets and liabilities:    
Accounts receivable (4,673) 16,727
Inventories 68,935 (33,034)
Prepaids and other current assets (591) (853)
Other assets (2,130) (1,976)
Accounts payable (34,258) (12,392)
Accrued customer rebates and returns (21,683) 7,202
Accrued compensation and other liabilities (3,691) 409
Cash provided by operating activities 26,210 23,214
Cash Flows from Investing Activities:    
Acquisition, net of cash acquired 267 595
Property, plant and equipment additions (10,537) (7,247)
Cash used in investing activities (10,270) (6,652)
Cash Flows from Financing Activities:    
Payments of revolving credit line (23,900) (10,000)
Payments of long-term debt (3,125) 0
Proceeds from exercise of stock options 1,049 0
Purchase and cancellation of common stock (433) (10,752)
Other stock-related activity (2,254) (1,211)
Cash used in financing activities (28,663) (21,963)
Effect of exchange rate changes on Cash and Cash Equivalents (4) 46
Net Decrease in Cash and Cash Equivalents (12,727) (5,355)
Cash and Cash Equivalents, Beginning of Period 46,034 58,782
Cash and Cash Equivalents, End of Period 33,307 53,427
Supplemental Cash Flow Information    
Cash paid for interest expense 11,534 999
Cash paid for income taxes $ 1,055 $ 712