v3.24.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 29, 2024
Sep. 24, 2023
Cash flows from operating activities:    
Net income (loss) $ (114,043) $ (11,622)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 22,616 18,875
Goodwill and intangible asset impairment charge 59,674 9,485
Provision for credit losses 1,577 3,254
Stock-based compensation 5,676 10,219
Deferred income taxes 34,694 (3,344)
Non-cash lease expense 9,145 9,449
Other operating activities (5,052) (1,661)
Changes in operating assets and liabilities:    
Accounts receivable 25,802 34,790
Income taxes receivable and payable 219 (3,001)
Other assets 8,719 26,795
Accounts payable and other accrued expenses (18,771) (26,879)
Accrued wages and benefits (15,640) (5,156)
Workers’ compensation claims reserve (30,069) (33,558)
Operating lease liabilities (9,236) (9,498)
Other liabilities 1,500 1,421
Net cash (used in) provided by operating activities (23,189) 19,569
Cash flows from investing activities:    
Capital expenditures (18,874) (23,095)
Proceeds from business divestiture, net 2,928 0
Payment to Acquire Life Insurance Policy, Investing Activities (4,000) (2,347)
Proceeds from company-owned life insurance 0 1,662
Purchases of restricted held-to-maturity investments (10,180) (26,894)
Maturities of restricted held-to-maturity investments 28,688 24,118
Net cash used in investing activities (1,438) (26,556)
Cash flows from financing activities:    
Purchases and retirement of common stock (21,301) (34,178)
Net proceeds from employee stock purchase plans 564 704
Common stock repurchases for taxes upon vesting of restricted stock (2,221) (3,759)
Other (1,807) (96)
Net cash used in financing activities (24,765) (37,329)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents (638) (757)
Net change in cash, cash equivalents and restricted cash and cash equivalents (50,030) (45,073)
Cash, cash equivalents and restricted cash and cash equivalents, beginning of period 99,306 135,631
Cash, cash equivalents and restricted cash and cash equivalents, end of period 49,276 90,558
Supplemental Disclosure of Cash Flow Information [Abstract]    
Interest 778 721
Income taxes, net of refunds 555 4,732
Operating lease liabilities 11,522 11,718
Property and equipment purchased but not yet paid 1,456 3,550
Divestiture non-cash consideration 571 0
Right-of-use assets obtained in exchange for new operating lease liabilities $ 11,024 $ 10,943

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