v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income (loss) $ (14,348) $ (1,698)
Depreciation, Depletion and Amortization 6,810 7,958
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Provision for credit losses 250 370
Stock-based compensation 2,060 2,102
Deferred income taxes 0 (12,206)
Non-cash lease expense 2,753 3,036
Other operating activities 1,486 (2,980)
Changes in operating assets and liabilities:    
Accounts receivable 9,133 8,292
Income taxes receivable and payable 373 975
Other assets 7,150 1,571
Accounts payable and other accrued expenses (9,580) (11,515)
Accrued wages and benefits (5,418) 480
Workers’ compensation claims reserve (16,865) (8,669)
Operating lease liabilities (3,035) (3,204)
Other liabilities (2,884) 1,249
Net cash used in operating activities (22,115) (14,239)
Cash flows from investing activities:    
Capital expenditures (4,680) (7,375)
Acquisition of business, net of cash acquired 30,044 0
Proceeds from business divestiture, net 0 2,928
Purchases of restricted held-to-maturity investments 0 (10,180)
Maturities of restricted held-to-maturity investments 10,756 15,546
Net cash (used in) provided by investing activities (23,968) 919
Cash flows from financing activities:    
Purchases and retirement of common stock 0 (10,067)
Net proceeds from employee stock purchase plans 70 220
Common stock repurchases for taxes upon vesting of restricted stock (895) (2,012)
Net change in revolving credit facility 50,200 0
Other (6) (1,803)
Net cash provided by (used in) financing activities 49,369 (13,662)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents (230) (604)
Net change in cash, cash equivalents and restricted cash and cash equivalents 3,056 (27,586)
Cash, cash equivalents and restricted cash and cash equivalents, beginning of period 61,100 99,306
Cash, cash equivalents and restricted cash and cash equivalents, end of period 64,156 71,720
Supplemental Disclosure of Cash Flow Information [Abstract]    
Interest 355 244
Income taxes, net of refunds 116 (1,082)
Operating lease liabilities 3,593 3,948
Property and equipment purchased but not yet paid 1,305 2,046
Divestiture non-cash consideration 0 600
Right-of-use assets obtained in exchange for new operating lease liabilities $ 1,454 $ 3,711

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