v3.25.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 29, 2024
Dec. 31, 2023
Dec. 25, 2022
Cash flows from operating activities:      
Net income (loss) $ (125,748) $ (14,173) $ 62,273
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:      
Depreciation and amortization (inclusive of depreciation included in cost of services) 29,561 25,821 29,273
Goodwill and intangible asset impairment charge 59,674 9,485 0
Provision for credit losses 2,321 4,972 4,462
Stock-based compensation 7,591 13,907 9,687
Deferred income taxes 34,060 (9,902) 3,933
Non-cash lease expense 12,402 12,591 12,920
Other operating activities (5,137) (3,831) 7,862
Changes in operating assets and liabilities      
Accounts receivable 35,731 56,761 34,765
Income taxes receivable and payable 3,196 (1,317) (2,665)
Operating lease right-of-use asset 0 0 118
Other assets 22,766 31,366 (16,142)
Accounts payable and other accrued expenses (8,908) (19,210) (1,501)
Other accrued wages and benefits (19,147) (12,113) (7,938)
Workers’ compensation claims reserve (56,723) (54,495) (5,184)
Operating lease liabilities (12,324) (12,796) (13,052)
Other liabilities 3,627 7,688 1,692
Net cash (used in) provided by operating activities (17,058) 34,754 120,503
Cash flows from investing activities:      
Capital expenditures (24,151) (31,276) (30,626)
Divestiture of business 3,099 0 0
Payments for company-owned life insurance (4,000) (2,347) 0
Proceeds from company-owned life insurance 0 1,662 0
Purchases of restricted held-to-maturity investments (11,242) (34,110) (18,031)
Maturities of restricted held-to-maturity investments 33,841 33,749 27,712
Net cash used in investing activities (2,453) (32,322) (20,945)
Cash flows from financing activities:      
Purchases and retirement of common stock (21,293) (34,178) (60,939)
Net proceeds from employee stock purchase plans 738 856 980
Common stock repurchases for taxes upon vesting of restricted stock (2,325) (4,161) (4,480)
Net change in revolving credit facility 7,600 0 0
Other (1,807) (100) (253)
Net cash used in financing activities (17,087) (37,583) (64,692)
Change in cash, cash equivalents and restricted cash and cash equivalents reclassified to assets held-for-sale 0 (300) 0
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents (1,608) (874) (2,420)
Net change in cash, cash equivalents and restricted cash and cash equivalents (38,206) (36,325) 32,446
Cash, cash equivalents and restricted cash and cash equivalents, beginning of period 99,306 135,631 103,185
Cash, cash equivalents and restricted cash and cash equivalents, end of period 61,100 99,306 135,631
Supplemental disclosure of cash flow information:      
Interest 1,044 1,031 1,123
Income taxes, net of refunds 211 5,171 9,980
Operating lease liabilities 15,268 15,799 15,964
Non-cash transactions:      
Property and equipment purchased but not yet paid 1,422 3,404 4,502
Divestiture non-cash consideration 400 0 0
Right-of-use assets obtained in exchange for new operating lease liabilities $ 9,977 $ 12,526 $ 9,637

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