v3.23.1
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Apr. 03, 2023
Apr. 04, 2022
Cash flows from operating activities:    
Net (loss) income $ (5,814) $ 17,246
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant and equipment 25,253 21,500
Amortization of definite-lived intangible assets 27,772 9,658
Amortization of debt discount and issuance costs 726 533
Deferred income taxes (1,867) (3,298)
Stock-based compensation 5,240 4,234
Gain on sale of subsidiary (1,339) 0
Other (1,050) (1,360)
Changes in operating assets and liabilities:    
Accounts receivable, net 64,595 (26,085)
Contract assets 18,591 6,149
Inventories (9,045) (9,731)
Prepaid expenses and other current assets 1,875 (15,848)
Accounts payable (34,578) 24,112
Contract liabilities 22,724 8,335
Accrued salaries, wages and benefits (29,279) (454)
Other current liabilities (28,726) 1,000
Net cash provided by operating activities 55,078 35,991
Cash flows from investing activities:    
Proceeds from sale of SH E-MS property 34,733 0
Purchase of property, plant and equipment and other assets (31,002) (23,445)
Proceeds from sale of property, plant and equipment and other assets 295 25
Proceeds from sale of subsidiary, net of cash disposed 5,601 0
Net cash provided by (used in) investing activities 9,627 (23,420)
Cash flows from financing activities:    
Repayment of long-term debt borrowings (50,000) 0
Repurchases of common stock 0 (30,232)
Cash used to settle warrants 0 (887)
Net cash used in financing activities (50,000) (31,119)
Effect of foreign currency exchange rates on cash and cash equivalents (2) (51)
Net increase (decrease) in cash and cash equivalents 14,703 (18,599)
Cash and cash equivalents at beginning of period 402,749 537,678
Cash and cash equivalents at end of period 417,452 519,079
Supplemental cash flow information:    
Cash paid, net for interest 19,589 17,563
Cash paid, net for income taxes 13,207 3,259
Supplemental disclosure of noncash investing and financing activities:    
Property, plant and equipment recorded in accounts payable 25,418 31,656
Issuance of common stock for warrant settlement $ 0 $ 589

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