v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income (loss) $ (14,508) $ (106,408)
Goodwill and intangible asset impairment charge 200 59,674
Depreciation, Depletion and Amortization 14,312 15,649
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Provision for credit losses 435 630
Stock-based compensation 4,421 4,844
Deferred income taxes (113) 33,997
Non-cash lease expense 5,524 6,200
Other operating activities (1,438) (3,118)
Changes in operating assets and liabilities:    
Accounts receivable 2,260 21,061
Income taxes receivable and payable 279 430
Other assets 8,592 8,246
Accounts payable and other accrued expenses (10,199) (18,849)
Accrued wages and benefits (10,808) (14,753)
Workers’ compensation claims reserve (30,340) (18,537)
Operating lease liabilities (5,688) (6,139)
Other liabilities 3,162 1,011
Net cash used in operating activities (33,909) (16,062)
Cash flows from investing activities:    
Capital expenditures (8,936) (13,279)
Acquisition of business, net of cash acquired 30,140 0
Proceeds from business divestiture, net 0 2,928
Payment to Acquire Life Insurance Policy, Investing Activities 0 (4,000)
Purchases of restricted held-to-maturity investments 0 (10,180)
Maturities of restricted held-to-maturity investments 19,285 19,220
Net cash used in investing activities (19,791) (5,311)
Cash flows from financing activities:    
Purchases and retirement of common stock 0 (16,986)
Net proceeds from employee stock purchase plans 256 417
Common stock repurchases for taxes upon vesting of restricted stock (942) (2,143)
Net change in revolving credit facility 46,200 0
Other (396) (1,807)
Net cash provided by (used in) financing activities 45,118 (20,519)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents (70) (557)
Net change in cash, cash equivalents and restricted cash and cash equivalents (8,652) (42,449)
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 52,448 56,857
Supplemental Disclosure of Cash Flow Information [Abstract]    
Interest 1,548 498
Income taxes, net of refunds 571 (199)
Operating lease liabilities 7,280 7,635
Property and equipment purchased but not yet paid 875 1,864
Divestiture non-cash consideration 0 600
Right-of-use assets obtained in exchange for new operating lease liabilities $ 2,856 $ 6,654

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